What is PEXA? By Kerry Allinson, Practice Manager. PEXA (Property Exchange Australia) is an online exchange platform that allows participants (such as lawyers and financial institutions) to settle your conveyance,
GST Withholding Obligations – written by Tammy Wills, Associate. The GST Withholding obligations on new residential and potentially residential sales and purchases of real property have been in place from
Residential Property Transactions and Valuations – written by Rachel Clutterbuck Lawyer. If you are acquiring residential property in Queensland, you will generally have to pay transfer duty. Transfer duty on a
Additional Foreign Acquirer Duty – written by Rachel Clutterbuck, Lawyer. If you are acquiring residential land in Queensland and you are classed as a foreign acquirer, you may be liable
Changes for Property Sales From 1 July 2016, vendors who sell property for a contract price $2 million or more will be affected by amendments to the Tax and Superannuation
Off the plan contracts are regularly used for the sale of property in developing estates and allow for the sale of property prior to a building being constructed. In Queensland,
JOINT OWNERSHIP IN PROPERTY When there are two or more Buyers purchasing a property, they will need to consider how they will jointly hold the property. After settlement occurs and
On 1st December 2014, Queensland’s Property Agents and Motor Dealers Act (PAMDA) will be replaced by four legislative instruments. Of particular note to Real estate agents is the introduction of
The Property Occupations Bill 2013 will come into effect in late 2014 and it’s important to understand the implications of this Bill on the Queensland Property industry. The Property Agents
Instalment Contracts A contract is considered an Instalment Contract when the Buyer pays the purchase price of a property in increments over time to the Seller and does not obtain
