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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 is known as a ‘limited recourse borrowing arrangement’. What is a Limited Recourse Borrowing Arrangement? A SMSF is prohibited from borrowing money and granting security

Instalment Contracts 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 Instalment contract? In most land contracts in Queensland, the Buyer will pay a deposit that is held by the ‘stakeholder’ (usually the agent or Seller’s

Property Development Legal Lawyers Commercial Developers Construction Planning Advice Queensland Australia

Getting into Property Development – The decisions you need to make before taking action

Where do you start with property development? Many people outside the property industry would like to get ahead by successfully developing property, but don’t know where to start. With proper planning and the right property, taking the step into property development can be rewarding in the long term, as well as leveraging your equity in