Category Archives: Property

Buyers Beware of the Finance Clause

In a Standard REIQ (Real Estate Institute Queensland) Contract there are conditions which cover  finance, building & pest inspections and pool safety inspections.  These conditions create an ability for the buyer to terminate the contract after taking reasonable steps of enquiry. Clause 3.1 in the current contract states: The Contract is conditional on the Buyer obtaining finance approval of a […]

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Lending to family can hurt!

We commonly see transactions where family members lend money to their own family to help them buy a property or for some other purpose. In these circumstances it would be best to secure the loan by having the borrower acknowledge the debt and provide security in the form of a registered mortgage. I don’t know […]

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Selling your property

For most people, buying or selling a house will be one of the most significant financial decisions they make during their lifetime. Our job is to make sure that decision doesn’t become a nightmare. Some people will try to do their own conveyancing or use cut price conveyancing services but in the end you get […]

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