queensland

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, [...]

What Is Legal Separation?

2018-09-11T11:13:04+10:00August 10th, 2018|Categories: Family Law|Tags: , , , , , , |

In Australia you are separated when you stop living as a couple on a genuine domestic level. This requires at least one person in the relationship to make the decision to separate, act on that decision and tell the other person. Your partner doesn’t have to agree to the separation. Can you still [...]

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 [...]

Things That Can Void Your Will (Which You Probably Didn’t Realise)

2018-07-10T16:06:17+10:00May 10th, 2018|Categories: Wills & Estates|Tags: , , , , |

Some pretty common life events can impact your existing will, by either voiding parts of it or the whole thing completely! Here are some: 1. When you marry, or remarry – this completely voids your will and you will require a new one. 2. In Queensland, a divorce voids sections of your will which relate to your former [...]

The Pros & Cons of Waiving the Cooling-Off Period (QLD Property Law)

2018-07-10T16:13:16+10:00March 10th, 2018|Categories: Conveyancing|Tags: , , , , , |

In Queensland, a statutory cool-off period is available to buyers purchasing residential property. This gives a buyer up to 5 business days, from receiving a fully executed copy of the contract, to terminate the contract for any reason. If the buyer elects to terminate the contract by cooling off, then the seller may charge the [...]