by wilson | Jul 9, 2024 | Commercial Law, Property Law
On 7 June 2024, REIQ published new updated versions of the contracts for House and Residential Land and Residential Lots in a Community Title Scheme, to reflect the amendments to the Residential Tenancies and Rooming Accommodation Act 2008 (Qld) (‘RTRA...
by wilson | Sep 18, 2023 | Property Law
The Property Law Bill 2023 (the Bill) was introduced to parliament in February this year. The Bill is expected to pass and be enacted in October this year however the commencement date of the Act, when passed is likely to be delayed for 6 to 12 months to allow time...
by webdev | Jun 8, 2023 | Property Law
Property lawyers get excited about different things compared to normal people. One of those things is the upcoming changes to the Property Law Act 1974 – arguably the biggest overhaul of Queensland property law in decades. The changes are expected to become law...
by webdev | Mar 10, 2020 | Commercial Law, Property Law, Uncategorized
Have you ever wondered why it is commonly accepted that a Deposit on a property contract should never exceed 10%* of the Purchase Price? The answer is: to prevent the contract from becoming an “instalment contract”. What is an “instalment contract”? Sections 71-76 of...
by webdev | Nov 22, 2019 | Commercial Law, Elder Law, Financial, Firm News, Governments, Litigation, Property Law, Wills & Estates
Recently, new Verification of Identity standard were introduced for signing Titles Office forms. These Titles Office Forms are necessary to complete many property transactions in Queensland, including conveyances, leases and mortgages. When an individual signs Titles...
by webdev | Sep 29, 2019 | Property Law, Wills & Estates
From 1 October 2019, paper Certificates of Title (otherwise known as “Title Deeds”) will no longer have legal effect in Queensland. As it currently stands, 11% of Queensland properties have a paper Certificate of Title in existence. This change is primarily due to a...