The buying and selling of property occurs everyday, but with each transaction worth a large sum of money there is of course a lot of regulation of the transactions. In fact in Queensland each single conveyancing transaction is governed by over 20 separate pieces of legislation.
It’s Attached, But is it a Fixture or a Chattel?
If you have ever bought or sold property before then you are probably familiar with the term fixture. The general rule when it comes to what constitutes a fixture is that, an object, which is fixed to the property, or land by any means other than its own weight, it is considered a fixture, otherwise it is considered to be a chattel.
Buying an Investment Property Using your SMSF:
Many people aren't aware that you can purchase an investment property using funds from your self-managed superannuation fund ("SMSF"). There are of course a lot of conditions and restrictions in doing this, but with the property marketing often having a faster growth rates than traditional shares it can be a wise investment.
Contract of Sale – The Importance of Meeting Your Obligations Under the Contract:
In Queensland the conveyancing process begins once the Contract of Sale is signed by both parties. The execution of the Contract sets off a series of obligations that each party must meet on certain dates. It is crucial that as a buyer or a seller you meet your obligations by their respective deadlines in order to avoid facing any penalties or the possible termination of the Contract by the other party.
Severing the Co-Ownership of Property - Joint Tenants:
The Difference Between Joint Tenants and Tenants in Common:
Why You Need a Lawyer for Your Conveyancing:
Whilst you can self-represent yourself and do your own conveyance, there are a lot of consequences to consider. Not only that, Queensland conveyancing is legislated by 11 different pieces of legislation in Queensland. Could you recognize if a contract is legally binding? Could you determine if any alterations to the property are legal? Your lawyer will not only streamline the process for you, but will also make you aware of all your rights and obligations under the contract, and are there to protect your interests.
Conveyancing in Brisbane - Floodwise Property Report:
Brisbane’s lower lying suburbs, including the city centre itself. This obviously had serious and far reaching consequences for the city’s property market, with many buyers electing not to dip their toe (pardon the pun) into the market and choosing to avoid properties located anywhere near the Brisbane river.
Gold Coast Properties with Canal Access:
Purchasing Property Through A Self-Managed Superannuation Fund:
Since changes to superannuation legislation in 2007, which allowed for self-managed super funds (SMSFs) to borrow money for property assets, there has been a dramatic increase in the number of people setting up a SMSF in order to purchase an investment property. Whilst there are many benefits to this, there are strict rules which must be followed.










