Due Diligence Property Contract Lawyers Conveyancing Law Residential House Body Corporate Brisbane Queensland Australia

Due Diligence – making sure that you are happy!

A due diligence clause is a not-so-common clause that buyer’s sometimes request to be put in a contract. They come in many and varied forms. However, they are not well… Read more »

Building and Pest Conditions Inspections Property Contract Residential House Unit Land Commercial Properties

Building and Pest Conditions – what do I need to look out for?

A building and pest special condition is a very common condition in contracts for a house, unit or commercial property. Particularly if the property or unit is not brand new…. Read more »

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Contracts by email – when do pre-contract negotiations become a binding deal?

I am often asked about property contracts which are entered into by email. Are they valid? Must they be followed with a “real” paper contract? Are my emails going to… Read more »

Cooling-Off Period Property Conveyancing Purchase Contract Residential Land House Unit Lawyers Brisbane Queensland Australia

What Buyers and Sellers need to know about terminating in the Cooling-Off Period

Under residential land and house or unit contracts, buyers are entitled to a cooling-off period under the Property Occupations Act 2014. The right to terminate under cooling-off is not new,… Read more »

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Buying property with a Self-managed superannuation fund (SMSF) – what is a limited recourse borrowing arrangement?

Borrowing money to buy property through an SMSF is not new, but is often not well understood. Where an SMSF borrows to buy property, it must be done through what… Read more »

Instalment Contract Non-refundable deposits Land Property Residential House Unit Lawyers Queensland Australia

‘Non-refundable’ deposits and instalment contracts – the devil in the detail

In some contracts, a deposit paid by a Buyer is expressed to be ‘non-refundable’. A ‘non-refundable’ deposit can make a contract an instalment contract with unintended consequences. What is an… Read more »

Property Sale Auction Bidding Settlement Conveyancing Lawyers Queensland Brisbane Australia

How you can lose your property sale

Much has been written in recent times about the ability of auction bidders, who after winning an auction bid have a change of heart. Some “experts” have suggested that they… Read more »

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Landlord Promises – Don’t get caught out!

What are pre-lease promises and what can happen? Promises made by landlords and leasing agents during lease negotiations can later provide a tenant with legal rights, even if the promise… Read more »

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Agent’s Commissions – Cross the t’s and dot the i’s or else!

I was very interested in the result of a recent court appeal by a Bribie Island home seller, Michael Millar. The agent who introduced the ultimate buyer to the property… Read more »

Property Acquisition in Queensland – Part 2

Last week Steven Morris, Director at Ferguson Cannon Lawyers posted Part One of the Two Part series on Property Acquisition in Queensland. The following is Part Two of the blog… Read more »