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 | Jan 24, 2019 | Uncategorized
As the fallout from the Opal Tower Apartment Building in Sydney continues, many apartment owners are starting to wonder what would happen if latent building defects, such as those which caused the cracks that resulted in the Opal Towers being evacuated on Christmas...
by webdev | Jun 12, 2017 | Property Law
When a landlord wants to “get serious” about a tenant’s rental arrears or other breaches, the landlord will often need to prepare and serve a “Notice to Remedy Breach” (NTRB) on the tenant. In the recent case of Tyrrell v Jesbro Enterprise Pty Ltd [2017] QSC 055 the...
by webdev | Jun 1, 2017 | Uncategorized
The Queensland Court of Appeal delivered a decision on 6 September 2016 that will create shock waves for tenants. From 1 January 1992 until 2009, landlords could not recover land tax from tenants even if the lease said a landlord could do so. The law changed in 2009...
by webdev | May 28, 2017 | Uncategorized
A tenant’s liability under the lease doesn’t go away after the business is sold and the buyer has taken over the lease. If the buyer defaults under the lease after settlement, the landlord can sue the buyer and the seller for the rent (and more). Retail shop...