Before You Sign a Contract to Buy a Property
Before you sign a Contract to buy a property, there are some important things, which are often overlooked. Once the contract has been signed, these overlooked issues may not be…
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Mandatory Code of Conduct for Commercial Tenancies
The Australian National Cabinet announced on 7 April 2020 a Mandatory Code of Conduct for Commercial Tenancies (landlords and tenants) to apply when negotiating variations to their lease. A copy…
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COVID-19 Residential Contract delays
The impact of COVID-19 has been profound. Most residential contracts in Queensland are governed by the terms of the REIQ/QLS Contract (“the REIQ Contract”). The effects of COVID-19 may prevent…
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COVID-19 Leasing Considerations
COVID-19 has created unprecedented pressures on all businesses, large and small. What are some of the COVID-19 leasing considerations for landlords and tenants during the COVID-19 crisis? Lease obligations are…
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Purchasing Property with Another Person
When purchasing property with another person it is necessary to nominate how the property is to be held. This is a very important step in the process and great care…
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GST Withholding on Residential Contracts
GST Withholding on residential contracts has been in place since July 2018 and it is a good time to refresh your knowledge regarding when GST Withholding applies. GST Withholding applies…
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Stamp Duty Concessions
Stamp duty Concessions (also known as Transfer Duty) are available to eligible buyers who elect to live in a property (Home Concessions), as opposed to purchasing a property as an…
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First Home Owner Rates Remission
Earlier this year, the Brisbane City Council announced a new rates remission program to assist first home buyer’s entering the property market. Eligible first home owners will receive a 50%…
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Buying and Selling Off-the-Plan
Buying and selling off-the-plan generally involves the developer and the buyer entering into a contract for the sale of a property, often a unit that is part of a larger…
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GST Withholding on Real Estate Contracts
The GST Withholding Requirements on real estate contracts have now come into effect and will apply to contracts for the sale of residential houses, units and vacant land. Why is…
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