Recently changed your name, been married, or you just changed your name because you felt like it did not suit you? If your ID does not match the Contract of Sale or your true and correct name is not on the Certificate of Title (which is now held electronically by the Queensland Titles Office) for...
Tag: <span>Buying Property</span>
OFF THE PLAN PURCHASES
What is an off the plan purchase? Generally speaking, when you purchase a property “off the plan”, you are purchasing a property that is not yet built, but is being proposed to be built in accordance with plans that have been drafted by a surveyor, and which show what the proposed property will look like...
PREVENTING TERMINATION OF THE CONTRACT – MINIMISING THE RISKS
If you are selling your property and have managed to get a buyer to sign a contract to purchase, then you will want to do everything you can to minimise the risk of termination of the contract and to make sure that the sale goes through. There are various situations which can arise during the...
A FINANCE APPROVAL LETTER MEANS MY FINANCE IS APPROVED….DOESN’T IT?
If you are considering buying a house or have entered into a contract to buy a house, it is likely that you have included a finance clause to ensure that you can come up with the funds required for the purchase (i.e. getting a finance approval) (if not – please contact one of our property...
WHAT IS A RELEASE OF MORTGAGE AND WHY DO I NEED ONE?
If you own real property and borrowed money from a bank or financial institution to use towards the purchase, then it is more than likely that the lender will register a mortgage over the property to protect its interests, and without knowing it, you may need a Release of Mortgage. In simple terms, the registration...
BODY CORPORATE – LANDMARK DECISION
It has been just one year from our previous article on Airbnb and Body Corporate’s, (Body Corporate for Hilton Park CTS 27490 v Colin Robertson [2018]), wherein it was found that short-term rentals (such as Airbnb and Stayz) would be allowed to continue to be offered by owners in unit complexes. However, we have been...
SETTLEMENT – WHAT ACTUALLY HAPPENS ON SETTLEMENT DAY?
While our Gold Coast Conveyancing and Property team settle hundreds of conveyancing transactions each month, and know all of the ins and outs of the process, we understand that buying or selling a house is not an every day occurrence for our clients and often, our clients don’t know what actually happens on settlement day....
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