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Conveyancing

The hidden costs of property investment that nobody talks about

The hidden costs of property investment that nobody talks about

Are you considering investing your money into an investment property and becoming a property investor? If  yes, you need to know what costs are involved and how to establish the best ownership structure for your asset. As many newcomers find out – it is not always a simple process to make an investment, especially in […]

Articles Conveyancing December 21, 2016

THINKING ABOUT PURCHASING A UNIT, APARTMENT OR TOWNHOUSE IN 2017? THINK TWICE BEFORE YOU ACT.

Are you thinking about purchasing a lot in a community titles scheme (that is, unit, apartment or town house on a property that has a body corporate)? If you are, you have many things to consider. In particular you MUST be aware of the rights, responsibilities and obligations which go hand-in-hand with buying a lot. […]

What Is A Caveat And Do You Need One?

In Queensland title (ownership) in land (including where applicable, improvements – e.g a house) is determined by registration of your interest with the Land Titles Office, headed by the Registrar of Land Titles. Given the importance of registration, if you have an interest in land that for some reason is not registered there is a […]

The Four Stages of a Conveyancing Transaction PART ONE – Pre Contractual

Following on from my article on 7 Things That You Can Do to Make Your Conveyancer Happy I thought that it would be appropriate to give you a greater insight into the stages of the conveyancing process through a series of articles each covering each stage There are essentially 4 stages that cover the breadth […]

Conveyancing Property Law May 18, 2015

The trouble with lending guarantees

An issue that we frequently get asked about is that of lending guarantees. Often family members are asked to provide a guarantee in respect of borrowings undertaken by other family members. In basic terms a guarantee is a promise by one person to repay the borrowings of another person if they fail to repay them […]

Conveyancing October 17, 2014

TIME IS OF THE ESSENCE IN CONVEYANCING CONTRACTS

The recent Queensland Supreme Court Case of Simpson and Others –v- Jackson is a timely reminder of the importance of ensuring that when you have a Contract to purchase property that you take very careful note of the various time limits set out within the Contract. In this case there was a Building and Pest […]

Conveyancing September 29, 2014

PURCHASER’S CONVEYANCING CHECKLIST

1. Contract of sale Your solicitor should: order a title search and registered plan search, notify the seller’s solicitor they are acting, and prepare transfer documents for the seller to sign. You should: take out building and public liability insurance, organise building and pest inspections and send them to your solicitor, organise unconditional finance and […]

Conveyancing July 16, 2014

BUYING AND SELLING PROPERTY DURING THE G20

Anyone buying or selling a property or a business with a settlement that they expect to take place in the next few months, and also Real Estate Agents involved in arranging such transactions, might want to think about whether it would be wise to avoid any settlement dates in the run up to and just […]

Conveyancing January 28, 2014

PROPERTY CONTRACT TERMINATION

A case before QCAT has recently confirmed that the fee for terminating a property purchase contract during the cooling off period (which is 0.25% of the total contract price) is payable by the proposed Purchaser to the Seller if the seller requires payment even if the proposed purchaser has not paid a deposit. The proposed […]

Conveyancing January 14, 2014

CONVEYANCING – THE IMPORTANCE OF PROPERTY SEARCHES

When purchasing your property it is important that searches are carried out to check that the seller has met their disclosure obligations, that warranties in the contract are correct and to obtain the information required to assist in your conveyance. It is important to ensure that all searches relevant to the purchase have been considered, […]