Lease like a pro: The ins and outs of retail leasing
Understanding the legal jargon and nitty-gritty of retail leasing is crucial to protect your business and your investment. That's why we're here to break it down for you, leaving you with more time to focus on the exciting bits of launching your retail store.
Lease it or leave it: A beginner’s guide to commercial leasing
Leasing commercial property can help your business grow, but it's important to understand the legal implications and protect your interests. If you're thinking about leasing an office building or warehouse for your business, there are a few things you need to know to avoid feeling overwhelmed.
Unlocking hidden value: key considerations to subdividing your property
Are you looking to boost the value of your property? Subdividing your residential property into multiple lots can be a smart investment strategy. We outline a nine key steps you'll need to keep in mind to make it happen.
Changes that affect your land tax
The Queensland Government has introduced new land tax amendments which will consider the value of all land owned in Australia when determining land tax liability in Queensland. These changes represent a landmark shift in calculating Australian-owned property. Owners of interstate and Queensland holdings should be aware of these changes to determine if they will be affected come 30 June 2023.
Incoming Changes to QLD Residential Contracts
Incoming Changes to Queensland Residential Contracts
A new residential contract will be issued for use from 20th January 2022. We summarise these changes relating to the extension of Settlement Dates, Smoke Alarms, Grace Period for Deposit by Direct Debits, Seller Warranties, Services, Notices to do Work and Contract Dates.
Settlement Timing Changes
Under current REIQ contracts, if a buyer is unable to settle by 4pm on the settlement date a seller is entitled to terminate the contract, take the buyer’s deposit and sue for damages. From 20 January 2022 these entitlements will be adjusted. Buyers will also be entitled to terminate a contract and sue for damages if a seller is unable to settle on time.
