Why You Should Use a Lawyer for your Conveyancing:

Why You Should Use a Lawyer for your Conveyancing:

For most people, buying or selling a home is the most expensive transaction that they will ever conduct and as such they really need someone who has their best interests at heart.  There are many parties involved – vendor, purchaser, banks, brokers, real estate agents – on both sides – all looking at this transaction through their own lenses, driven by their own agendas.

Facebook After Death – The Role of a Digital Executor:

Facebook After Death – The Role of a Digital Executor:

We’ve previously written about what happens to your digital life after you die and it appears more and more attention is being paid by companies to this, with Facebook the latest to announce a new feature based around this concept.

Co-Ownership of Property – The Elements of a Joint Tenancy:

Co-Ownership of Property – The Elements of a Joint Tenancy:

Co-ownership refers to the legal relationship shared by two or more people over an interest in property. In Queensland co-owners are registered as either Joint Tenants or Tenants in Common. It’s important to have a basic understanding as each of these principles of ownership when purchasing property with another person, as during the conveyancing process your lawyer will need to specify on the transfer how ownership of the property is to be distributed between each owner.

Contract Conditions – Finance Applications:

Contract Conditions – Finance Applications:

The conveyancing process is very deadline driven and there are strict penalties that apply if you are late meeting a deadline or miss it. One of these deadlines is the finance clause. In most cases when buying a property, you will require finance in the form of a mortgage from a lender.

Property Searches – What are They?

Property Searches – What are They?

After you sign a contract of sale for the purchase of a property, one of your first tasks will be to find a property lawyer to manage the conveyancing process for you. When you’re ringing around various law firms to get a quote on this conveyancing you will often hear the term ‘searches’; but what are these searches? 

Telco Search – Buyer Beware of Underground Cables:

Telco Search – Buyer Beware of Underground Cables:

When you decide to purchase a property you’re buying it for what you see above ground, namely the house sitting on the land, as well as its surrounds and gardens. Have you ever considered what may be sitting underneath the surface though and the impact this could have on your purchase.

Buying a Property - The Payment of Transfer Duty:

Buying a Property - The Payment of Transfer Duty:

Deciding to enter the property market and purchase a property is a big decision and one that does carry with it quite a few upfront costs. One of these costs that is often overlooked by buyers is transfer duty, which is a taxed imposed by the Queensland Government on the transfer of property.