When it comes to selling your property, choosing the right sales method can make a big difference to whether or not your achieve your real estate goals. There are two main methods of sale in Australia – auctions and private sales – each of which has its own pros and cons.
Minimise Tax on Your Investment Property:
Body Corporate Not Required - Buying a Duplex in Queensland:
It’s well known that buying into an apartment or unit complex brings with it an extra level of complexity stemming from the strict and confusing Body Corporate legislation that applies. With freestanding housing becoming more rare and more expensive as housing density increases, multi-dwelling residences are becoming the norm.
Property Law Tips: Listed Your Property With An Exclusive Agency?
Selling Your Property? The Importance of Disclosure:
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.
