In this busy property market, it’s important to keep track of all the forms and paperwork necessary to buy and sell. One of the most important documents, is called the release of a mortgage. If you are selling your home, the bank which originally lent you the money will sign a document to release the…
The Queensland Government is working to make amendments to land sales legislation, which will affect sunset clauses in off the plan sales contracts. A sunset clause in an off the plan sales contract provides a party with the right to terminate if the contract is not settled within a particular time frame. Earlier this year,…
When a person passes away, the executor of their estate will have to make sure that debts are paid and taxes are filed. Family members are left to administer an estate and may be faced with the question of how to sell a property. It is important to know that there are certain legal duties…
Are you considering buying a business? It’s a big decision, and you want to make sure you’re making an informed choice. At GLG Legal Springfield, our commercial lawyers can help guide you through the due diligence process to identify any potential risks and ensure you have all the necessary information about the business. Owning a…
If you’re separating from your partner, or getting a divorce, a property settlement will be part of the decision-making process. Who gets what and how much can be a source of conflict for both people involved. There are a number of options for determining a property settlement. 1. Non-legal arrangement If you can reach an…
Properties are great assets to have, but that’s not all that it stands for. This new beginning for your residence or commercial business can be such a significant investment to make. Before you get to that ‘achievement’ of acquiring a property, there’s the purchasing process to get through first. In recent years, many have decided…
Queensland is making the move to eConveyancing, making paper settlements a thing of the past. From February 2023, eConveyancing will be mandatory for certain land title transactions, bringing Queensland into line with several other states. eConveyancing allows the documents required for property transactions to be digitally prepared, signed, settled, and lodged. It’s a quicker, easier,…
What is conveyancing? It simply means transferring ownership and rights of a property to another individual, usually from a seller to a buyer, through lawful means. However, when talking about residential and commercial conveyancing, conveyancing may lead to different things. This is due to the nature of the property itself, where a residential property revolves…
Even if you’ve done it before, buying or selling a home can be a stressful and often perplexing process for most individuals. No matter how experienced you are in buying or selling property, you will almost certainly need to hire a conveyancer (or a property lawyer to carry out the conveyancing process), but what exactly…
Are you buying a property for your commercial service or business venture? Is this your first time buying a house for yourself? Does it seem like the best time for a long-term investment? If you fall under any of those categories, then you need to have a clear grasp of conveyancing. What Is Conveyancing? A…