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What is Power of Attorney and When Would You Need It ?

What is Power of Attorney and When Would You Need It ?

In simple terms, a power of attorney is a legal document where a person is nominated to act on your behalf (known as the agent) regarding your affairs. The document gives the nominated party the legal capacity to make decisions for you on things like financial matters and other duties. The person given power of attorney does not have to be a lawyer, although in many cases a law firm…

Common Frequently Asked Questions in Property

Conveyancing Property Law May 28, 2018

Common Frequently Asked Questions in Property

As Brisbane legal property experts in law, we get asked a lot of questions about property and conveyancing. Please see a few of our commonly asked questions with regards to Brisbane Conveyancing listed below: 1. The difference between Joint Tenants and Tenants in Common https://www.aylwardgame.com.au/joint-tenants-tenants-common-difference/ 2. Can you really buy without Banks? https://www.aylwardgame.com.au/can-you-really-buy-without-banks/ 3. What is an Easement https://www.aylwardgame.com.au/what-is-an-easement/ 4. What is a Caveat and do you need one? https://www.aylwardgame.com.au/what-is-a-caveat-and-do-you-need-one/…

Do I Need a Conveyancing Solicitor To Buy or Sell Property?

Property Law May 22, 2018

Do I Need a Conveyancing Solicitor To Buy or Sell Property?

Just about all of us have a pretty good understanding of the roles real estate agents play in the process of exchanging properties from seller to buyer. The job of the agent is fairly obvious in many respects because they are working on the front line and very visible, but when it comes to property conveyancing, the role the conveyance lawyer plays is not as apparent. Just because the process…

Don’t Just Guess Your Legal Position – Talk To the Experts

Articles Business Law April 13, 2018

Don’t Just Guess Your Legal Position – Talk To the Experts

Most people know a little bit about a lot of subjects, but when it comes to areas of the law, unless you’re a fully trained and experienced lawyer, you’re not going to be an expert when it comes to various aspects of the law. If you find yourself needing legal advice, then why even attempt to guess where you stand in a certain situation? Sure, you could look for answers…

ATO Property Update For GST

Property Law April 3, 2018

ATO Property Update For GST

Some important news for those transacting property this year as 1 July 2018 will mark the introduction of a significant new set of rules that will apply to the purchase of new residential premises, new residential subdivisions and long term leases for a period of 50 years or more. From the 1st of July 2018 anyone who purchases new residential premises that have never been lived in, or vacant land…

Important Information For Foreign Persons Purchasing A Real Estate In Australia Including Fee Information

Important Information For Foreign Persons Purchasing A Real Estate In Australia Including Fee Information

The provisions of the Foreign Acquisitions and Takeovers Act 1975 (Commonwealth) (“Act”) and Foreign Acquisitions and Takeovers Regulation 2015 (Commonwealth) (“Regulation”) apply strict rules to foreign persons purchasing a residential real estate in Australia or investment for property in Australia. A summary of some of the key issues follows. Residential Real Estate Generally Under Australia’s foreign investment framework, foreign persons generally need to apply for foreign investment approval before purchasing…

Joint Tenants or Tenants in Common – what is the difference

Articles Conveyancing Property Law February 12, 2018

Joint Tenants or Tenants in Common – what is the difference

Joint Tenants or Tenants in Common is a widely misunderstood concept and is often confusing to buyers when they are deciding on which of these options best suits their needs. Understanding the difference between Joint Tenants and Tenants in Common is extremely important considering the legal implications that can arise with either option. Let's look at the differences… The first question is, how much interest does each buyer intend to…

Divorce Peak-hour: Survive The Nights

Divorce Law January 26, 2018

Divorce Peak-hour: Survive The Nights

DID YOU KNOW? January is said to be the busiest time for divorce application - but we also know the peak hour for unhappy couples to decide they want to take the plunge and contact a lawyer. We’ve found "Divorce hour" - the busiest time for online inquiries - is between 12.30 and 1 am, with 16 percent of overnight queries coming during this window, according to one set of…

What to look for in a property contract before you sign

Property Law Vendor Finance January 19, 2018

What to look for in a property contract before you sign

Purchasing or Selling property contract, property lawyer can be an overwhelming experience, particularly if it is your first residential transaction. Even more daunting is being handed a contract from an agent and being asked to sign on the dotted line when a purchaser or seller has little or no experience in what to look for in a contract. We recommend in any case that your solicitor checks the contract prior…

What you should know about same-sex marriage

Family Law January 16, 2018

What you should know about same-sex marriage

Now that Australia has become the 26th country worldwide to legislate to allow same sex marriage, what actual changes will this mean in Australia? Following changes to the Family Law Act that were made in 2008, the Family Courts already had the necessary powers to deal with property settlement disputes between de-facto couples, including same sex couples. Same sex couples were also able to sign Binding Financial Agreements as a…

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