When building you may be unfamiliar with many of the terms used in the construction arena but this should not become a cause for legal disputes that can impair your property ownership at a later date. One of the most important things to know about is zoning. What is zoning? Zoning tells you what your…
“Off the plan” properties are those on which titles have not yet been obtained. It could be that constructions has not yet begun, or that the development needs final certifications or to go the the Council sealing process or title registration. In other words, it is a “plan” on a property offered to potential buyers…
The standard contract of sale includes terms that specify that a property must be delivered to the buyer on the day of settlement in the same condition it was in on the day the contract was signed (save for ordinary wear and tear). As a buyer this means you should do your due diligence to…
The old saying of ‘buyer beware’ still rings true when purchasing a house in Queensland. This is especially important when it comes to unapproved alterations or extensions to a property. When you’re considering buying a house it is important to be aware of where the risks and responsibilities of the purchase process lie at any…
The 2011 flood devastated many of Brisbane’s lower lying suburbs and had serious repercussions for the city’s property market. Many buyers did not want to dip their toe (pardon the pun) into the market and purchase a property anywhere near the river. While the flooding of 2011 did affect the property market, it has definitely…
Rebates can sometimes be offered as an inducement for a buyer to enter into a contract to purchase a property. They can commonly be offered by developers. Care must be taken as this can be seen as a misrepresentation of the purchase price and possibly an attempt to defraud a financier or the ATO. The…