When buying or selling property, there are a range of legal expenses involved. One of these expenses is called “disbursements”, and it covers activities carried out during the conveyancing process, including: Types of Disbursements Disbursements vs. Professional Fees Disbursements are separate from professional fees, which are the charges for the
E-Conveyancing in Queensland E-conveyancing refers to property transactions that are settled electronically, and as of February 20 this year, they’re compulsory in Queensland. Mandatory e-conveyancing aims to ensure property transactions are completed quickly and consistently, and it also brings Queensland into line with New South Wales, Victoria, South Australia, and
Buying a House: A Big Commitment Buying a house is one of the biggest financial and emotional commitments you’re likely to make, so it’s important to ensure every detail is just right. Getting the sale contract reviewed by a qualified solicitor could potentially save you a lot of heartache, money
A good conveyancing solicitor will help ensure that you don’t have any regrets about a property transaction, even years later. They will make sure all the paperwork is in order and that your interests are protected. Here are some of the answers to some of the most common questions a
With your business seeing the progress you’ve strived for and your profits growing, it’s clear that there’s no better time to finally make some much-needed upgrades than today. Now that everything is falling into place, it’s finally time for your company to make some investments that will allow it to
Leasing Within a Shopping Centre Before you dive headfirst into the world of commercial leasing, you must first understand that the property’s landlord and letting agent have limited responsibilities when it comes to disclosure. They aren’t required to inform you if the property was damaged by a natural disaster, for
Moving to a different country is always complicated, especially with the numerous legal requirements of becoming a permanent resident. This does not even consider all the nuances in culture and customs that you might need to adjust to in order to successfully assimilate into your new community. Australia is no
Registering for goods and services tax, or GST, is a vital part of commercial property investment. GST is often overlooked, which is an all-too-common mistake that amateur investors make. Factoring GST in your budget will save you a lot of effort and resources. While GST is a complicated topic and
One of the greatest assets you may ever have is your home. There are a variety of circumstances where you may acquire a place of residence with full or part ownership. In Queensland, a transfer duty applies when you acquire such an asset. However, there is a grey area as
The transitional period for GST withholding rules is coming to an end, and with it comes new circumstances, especially for contracts started before 1 July 2018. Beginning on 1 July 2020, previously exempt agreements unsettled on or before 30 June will be subject to the withholding rules. Under the transitional