When that pivotal moment arrives and it is time to sign the contract, as a seller you need to be aware of the failure to disclose a statutory or unregistered encumbrance on the contract, can lead to lawful termination of the contract by the buyer.
Many contracts for the sale of land in Queensland place upon the seller of the land an onus to disclose to the buyer not just any … Read the full post »
Yes, everyone with just five weeks until Christmas, you can officially start getting excited…have you put your tree up yet? What about the Christmas lights? Or are you going to be more low-key this year? However, you are going to celebrate it – we are sure you are starting in some way to prepare – and so are we.
One of the ways we are preparing is to remind our clients … Read the full post »
There are occasions when after a contract is executed, the buyer wishes to change the name; for example – the buyer decides they now want to purchase in the name of a company or trust instead of an individual, or the buyer wants to remove or add the name of a spouse or partner.
Reasons for this are varied and can be driven by professional advice from an accountant or solicitor, … Read the full post »
On the back of state and federal government incentives, combined with historically low interest rates, now is an extremely opportune time to buy, and there has been a national surge in first home buyers entering the market.
Below is a checklist to consider for anyone buying a home, regardless of whether it is your first, second, or an addition to your investment portfolio:
Set your long-term goals: understand WHY you are … Read the full post »
Many years ago when a contract was prepared it was up to the buyer to execute due diligence and carry out relevant searches and enquiries to assess whether there were any issues with the property; the onus was on the buyer, known as a caveat emptor – ‘let the buyer beware.’
Thankfully, we now have much greater emphasis on protection for the buyer, particularly in the residential property market; there are … Read the full post »
Anyone partaking in a property transaction most likely have had to deal with a Conveyancer.
A Conveyancer is the person who oversees and manages the actual sale transaction; their role differs from state to state, but essentially, they are involved in preparing and/or reviewing the sales contract and other legal documents involved in buying or selling a property.
You can select the Conveyancer of your choice prior to buying or selling; it’s … Read the full post »