WHAT IS A RELEASE OF MORTGAGE AND WHY DO I NEED ONE?
Post

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...

IS IT A LOAN OR A GIFT? PARENTS PROVIDING FUNDS TO CHILDREN
Post

IS IT A LOAN OR A GIFT? PARENTS PROVIDING FUNDS TO CHILDREN

As the cost of living increases and it becomes harder for young people to get a foot into the property market, it is becoming quite common for parents to provide funds to their adult children to either assist them with purchasing property, or for various other expenses ranging from medical expenses, weddings or even holidays....

SO IT IS CHRISTMAS
Post

SO IT IS CHRISTMAS

Its December again, and the team at Affinity Lawyers are ramping up and ready to assist our wonderful clients with their legal needs all throughout the upcoming Christmas/New Year break. Our Runaway Bay office will be open for your convenience throughout the Christmas/New Year break (except for public holidays) to assist you if required, so...

BODY CORPORATE – LANDMARK  DECISION
Post

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...

TRADE MARK – WHAT IS IT?
Post

TRADE MARK – WHAT IS IT?

Following on from last months article which raised issues which may arise in the social media arena, we thought that a quick overview on what a trade mark is, and how these can affect a business in the e-commerce world or through social media. So what is a trade mark? A trade mark is essentially...

SETTLEMENT – WHAT ACTUALLY HAPPENS ON SETTLEMENT DAY?
Post

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....

THE PITFALLS OF INTESTACY – WHAT HAPPENS IF I DIE WITHOUT A WILL
Post

THE PITFALLS OF INTESTACY – WHAT HAPPENS IF I DIE WITHOUT A WILL

Affinity Lawyers experienced Wills & Estate Lawyers have written many articles on the importance of having a current Will, however we are still finding many people don’t properly understand the pitfalls and ramifications that can occur if they were to die without a Will. What happens if I die without a Will? Essentially, if you...

LEASE – ASSIGNMENT OF A RETAIL SHOP LEASE
Post

LEASE – ASSIGNMENT OF A RETAIL SHOP LEASE

When you are considering buying or selling a business which is currently operating under a retail shop lease, it makes sense that the transaction would necessarily include the assignment or transfer of the retail shop lease from the existing business owner to the incoming purchaser. Our lawyers have previously written an article on the difference...