Conveyancing News


Contract Termination.

Can you change your mind after buying a house?  If you are ready to buy residential property in Queensland or in the process of signing a house and land contract it is essential that you know exactly what you are getting yourself into. Conveyancing is rarely straight forward therefore it is best to contact a qualified property solicitor to safely navigate you through the process and avoid any.....
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Digital Auctions.

Conveyancing Update: The emerging digital auction market in Queensland Due to on-site and in-room auctions now being banned across Australia following Scott Morrison's announcement during the COVID-19 lockdown a new emerging digital market for auctions has come to the fore.  The last month has shown that the Australian real estate market is adapting in some respects to these uncertain times. .....
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Special Condition COVID-19 .

IMPORTANT NOTE – COVID-19 PANDEMIC: Due to the current COVID-19 Pandemic we advise that if you are signing a contract as a Buyer or Seller of property or land in Queensland to include in your contract the COVID-19 Special Condition Conveyancing during the Coronavirus Pandemic As you are aware, the COVID-19 Pandemic is having an unprecedented impact worldwide. It may have a significant e.....
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Steps for Signing a Contract .

Steps to Signing a House and Land Contract in Brisbane If you are considering a move to the sunshine state you might already have a few questions regarding how conveyancing works in Queensland in comparison to Victoria or the other Australian states. To buy or sell Queensland real estate a legal transfer of property from a Seller to a Buyer must be undertaken by a solicitor; this process is called.....
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Home Insurance.

When do you need to organise home insurance on a new house? If you have newly signed a contract for the purchase of a house or property in Queensland it is imperative to know from what time you will be responsible for the loss or damage to the property. As the bushfire crisis in Australia continues across Summer and into 2020 we strongly advise that you find out as you sign a new contract by speak.....
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Stamp Duty Qld : How to Calculate Transfer Duty on Multiple Transactions.

Combining Dutiable Transactions The transfer duty on multiple dutiable transactions must be added together and treated as a single transaction. These transactions can only be combined however when they are ‘related’ - meaning they form one arrangement or are ‘aggregated’ based on certain factors. Aggregation of dutiable transactions is compulsory under section 30 of the Duties Act 2001. When addi.....
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Conveyancing Finance Approval Help for Buyers.

We’ve compiled our conveyancing buyer's information for finance approval but don’t hesitate to contact us today if you’d like a fixed quote for your new conveyancing contract in Queensland. Don't overpay for conveyancing, our dedicated Brisbane based conveyancing solicitors can help you through the conveyancing process without any hidden extra costs. Conveyancing Finance Approval Help for Buyers .....
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First Home Loan Deposit Scheme.

The First Home Loan Deposit Scheme (‘FHLDS’) was announced during the recent Federal election. The new rules state that first time buyers need now only save a 5% deposit when they purchase a new property. Currently most banks and financiers require a 20% deposit before they will consider providing finance for the purchase of a residential property. The FHLDS will guarantee loans through the Nation.....
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Buyers of Units Beware.

COMBUSTIBLE CLADDINGOn the 1st of October 2019 the State Government amended the Building Regulation with the Building and other Legislation (Cladding) Amendment Regulatory.The changes require all building owners of residential units to complete a checklist by the 29th of March 2019. This is to be done by the body corporate.Further, after 1 October 2018, Sellers of residential units are required to.....
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Queensland First Home Owners’ Grant.

The Queensland first home owners’ grant is a state government initiative to help first owners to get their new first home sooner. Depending on the date of your contract, you’ll get $15,000 or $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). You can even buy off the plan or choose to build yourself. It’s a great opportunity to buy or build a new h.....
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New GST Withholding Laws affecting Sellers.

The new Australian Taxation laws apply from 1 July 2018. Information for Sellers and their representatives If you are supplying, by way of sale or long-term lease, residential premises (new or otherwise), or potential residential land to consumers, you will be required to notify your purchasers as to whether they have a withhold obligation. If they do, you will have to notify them of the amount th.....
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Brisbane Conveyancing and pool fencing.

Questions often arise during Brisbane Conveyancing and pool fencing regulations. When there is doubt about the approvals for pool fencing, buyers and sellers will add a clause to place responsibility with one or other party. For the seller to take responsibility there is this standard clause. For the buyer to take responsibility there is a standard clause. At River City Conveyancing we welcome cal.....
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