The Fine Print – Building Contracts

So you have just bought a vacant block of land in a new estate and are eagerly planning to construct your first home. Or maybe you have reached the stage in your life where you will finally be designing and building your dream home. Either way, you are now looking at...

Settlement Figures and the GST

Many commercial property sale contracts are subject to the addition of Goods and Services Tax (GST) in the purchase price. It is important that investors, as well as practitioners, take note of whether a contract will be subject to GST prior to the contract signature....

What to Look for During your Pre-Settlement Inspections

When purchasing a property, many of my clients are unaware that they are entitled to a pre-settlement inspection with the agent. The purpose of these inspections is to ensure that everything is per the contract conditions. This includes that all the chattels are...

What is a First Home Concession and am I eligible?

First home buyers in Queensland are often confused and nervous when it comes to Stamp Duty obligations. Purchasing a property for the first time involves consideration of a large amount of factors which can sometimes be overwhelming to a first time purchaser. The...

Electronic Transactions and the Introduction of PEXA

As technology enters a new age and property transactions become more complicated with parities purchasing in different entities, foreign investment, and the need for efficiency during transactions there has been a growing need for the procedural side of property...