property law

Stamp Duty Concessions – Do You Qualify For A Discount?

2018-09-05T16:01:24+10:00September 5th, 2018|Categories: Conveyancing|Tags: , , , , , , |

When purchasing a property in Queensland, transfer duty (aka. stamp duty) must be paid to the government. The amount is based on the purchase price on the contract. The good news is there are certain situations when you may qualify for a concession.  Are you buying your first home? The largest [...]

Just Signed To Purchase A Property? Now You Need To Arrange Insurance Cover

2018-09-12T17:05:11+10:00August 29th, 2018|Categories: Conveyancing|Tags: , , , , |

One of the most important things buyers often overlook is the importance of insuring the property you are buying immediately after signing the contract. You need to do this even though you will not be the owner of the property until settlement is completed, which may be several weeks away. Why? In Queensland, [...]

Property Buyers: What You Need To Know About The New GST Withholding Laws

2018-09-12T14:52:58+10:00July 28th, 2018|Categories: Conveyancing|Tags: , , , , , |

There have recently been changes to legislation, which now places a responsibility on the buyer to withhold the GST amount from the contract price and pay the GST directly to the Australian Taxation Office (ATO). These changes affect transactions that involve new residential premises or potential residential land, and in some cases, long [...]