OFF THE PLAN PURCHASES
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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...

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