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The Four Stages Of Conveyancing Selling part 2

THE FOUR STAGES OF A CONVEYANCING TRANSACTION – Part 2 Sellers

The importance of the conditional stage (which occurs after the signing of the contract but before the contract becomes unconditional) cannot be overlooked as it is during this stage that the buyer under a contract can elect not to proceed with a purchase, usually without penalty, so long as they can demonstrate that a condition of the contract has not been met.

property conveyancing stages

THE FOUR STAGES OF A CONVEYANCING TRANSACTION – Part 1 Sellers

PRE-CONTRACTUAL  STAGE – SELLER INTRODUCTION There are essentially four stages that cover the conveyancing process: Pre-Contractual; Conditional; Unconditional; and Settlement/Post Settlement. Each of these stages offers its own risks. PRE-CONTRACTUAL STAGE The importance of this stage, which occurs before the signing of a contract, is often overlooked with clients signing the “standard” Real Estate Institute […]

queensland first home owners grant

Urgent Reminder: Queensland’s First Home Owners’ Grant – Don’t Miss It!

The First Home Owner’s Grant, an initiative from the Queensland Government, could help you to buy your first home sooner, however, you need to act now if you want to take advantage of it.

UNDERSTANDING QLD FIRST HOME OWNERS GRANTS

Financial February 13, 2017

Understanding Queensland’s First Home Owners’ Grant in 2017

Are you dreaming of your first home? With the Queensland Government’s increased First Home Owners’ Grant, your dream could soon become your reality. The First Home Owner’s Grant, an initiative from the Queensland Government, could help you to buy your first home sooner. Depending on the contract date, you may be eligible to receive $15,000 […]

At Last The Secrets Of Instalment Contracts Fully Revealed

First, what is an instalment contract? An instalment contract is a contract for the sale of land, and where applicable, including improvements (that is, the house etc) which provides that: the purchase price is to be paid by a series of instalments (which may or may not include the payment of a deposit); the Buyer […]

Articles Financial Property Law October 3, 2016

ADDITIONAL FOREIGN ACQUIRER DUTY

In the 2016 Queensland State Budget the Treasurer announced an intention to amend the Duties Act 2001 (QLD) to introduce additional transfer duty to foreign acquirers, to be known as Additional Foreign Acquirer Duty (“AFAD”). This new duty commences 1 October 2016. AFAD is an extra amount of duty that applies to transactions that are […]

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 […]

Courts Financial Litigation July 6, 2016

Entering Into A Financial Agreement? Don’t Get Sold Short!

KEY POINTS FOR ENTERING INTO FINANCIAL AGREEMENTS Some helpful advice if you are considering entering into a Financial Agreement. Financial Agreements under the Family Law legislation are not simple agreements. There are certain requirements which must be complied with if the agreements are to be binding. If these requirements are not properly dealt with the […]

Financial Property Law June 13, 2016

Home Stamp Duty Concessions Explained

Home Stamp Duty Concessions Explained It was Benjamin Franklin who, in 1789 at the time of the writing of the US Constitution, wrote that “…in this world nothing can be said to be certain, except death and taxes”. Purchasing a new home is one of the most complex opportunities an individual will make in their […]

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Articles Financial March 22, 2016

In Financial Difficulties? Beware Of Quicksand With Fast Financial Fixes

At Aylward Game we pride ourselves on offering high quality legal services to our clients taking into account their unique circumstances. It’s great when we see clients come to us in good financial health looking to build their wealth and we enjoy seeing them prosper. However, with the current economic climate and the increasing pressures on […]