Conveyancing News from Brisbane & Queensland
Sunset Clause in Queensland
Queensland Conveyancing News: Sunset Clause Crackdown
The Queensland government has taken decisive action to address conveyancing transaction concerns by cracking down on the misuse of the sunset clause in off-the-plan contracts. These contracts, whereby the property is purchased before the construction on the land is complete have become controversial due to the problematic practice involving developers and the sunset clauses. In the past, instances occurred where developers, using sunset claus.....
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Finance FAQs & Conveyancing
Finance Timeline FAQs for Conveyancing when Buying a House or Land in Queensland
When are Conveyancing fees payable in Queensland?
Conveyancing fees are not required to be paid in advance. Payment for the services provided by River City Conveyancing is made through a deduction at settlement. There are no upfront or advance fees necessary.
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What is the typical timeframe for purchasing a house in Queensland?
The Conveyancing process commences upon the signin.....
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Land Tax Valuations Qld Conveyancing
How valuations affect Land Tax in Qld?
When it comes to buying or selling land in Queensland, it's important to consider the financial implications for land tax. While your assessment already takes your land tax liability into account, there are situations where land tax may also be payable during property transactions. River City Conveyancing solicitors have been taking care of Queensland conveyances for over 30 years and offer premium conveyancing services at an affordable price. Our local con.....
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Flood buyback for homeowners in Queensland
The newly introduced Resilient Homes Fund through the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA) is offering a buyback of homes impacted by floods in the Queensland state.
Federal Minister for Emergency Management Murray Watt commented that it was a great outcome for the homeowners involved. “Every property we can buy back through this program is a win for disaster resilience in Queensland and another step in ensuring we are better prepared for the next flood. These Queensl.....
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