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 | May 17, 2018 | Property Law
If you are looking to buy or sell residential property in Queensland, one of two forms of contract are likely to be used: “REIQ” or “ADL”. REIQ contracts are more common, however ADL contracts are still utilised by some agents. While both forms of contract are largely...
by webdev | Jun 1, 2017 | Uncategorized
CASE REVIEW The obligation of a subsequent owner of land to comply with conditions of a development approval (“DA”) was considered by the Queensland Court of Appeal in Tighe & Anor v Pike & Ors [2016] QCA 353 (judgment delivered 23 December 2016). Facts The...
by webdev | Jun 1, 2017 | Commercial Law, Litigation, Property Law
Compliance with the requirements of the exercise of an option was considered by the Court of Appeal of the Supreme Court of Queensland in JLF Corporation Pty Ltd v Matos [2016] QCA 355 (judgment delivered 23 December 2016). Facts The appellant and respondent were...