Conveyancing News from Brisbane & Queensland
Why you need a Building and Pest Inspection?
Homebuyers Guide: Why you need a Building and Pest Inspection Clause?
With the property market boom of the past few years and the increase in competition between Buyers, the practice of removing the Building and Pest Inspection clause from the REIQ contract has become increasingly common.
If you are buying a home in Queensland it is not considered mandatory to include a Building and Pest Inspection clause to your contract.
You may have been told if you are intending to knock the property d.....
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Can You Lose your Deposit when Buying a New House
In Queensland the controversial terms of contract that allowed property Sellers to keep the deposit of Buyers if settlement is not completed has now been changed. The REIQ has initiated the introduction of a new terms of contract in the standard REIQ contract used in Queensland.
Originally all REIQ contracts were considered to be ‘time of the essence’ meaning that all conditions of the contract must be fulfilled by the agreed upon times and dates as written in the signed contract.
Previously any.....
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