When conducting a pre-settlement inspection, it is important to confirm that the Property is in the same state as when the Contract was signed, with fair wear and tear accepted.
Buying
A man’s home is his castle – unless the Court says otherwise
It may come to a surprise to many readers that there still remains circumstances where a prior owner of a property can attempt to regain title from the current registered owners, even after a sale is complete.
Artistic impressions or legal misrepresentation?
Real estate agents have been exploiting artistic impressions to sell houses and property for decades and it is critical that the property be not falsely represented with image enhancement.
E-Conveyancing to become Mandatory in Queensland
E-Conveyancing is here to stay, with Queensland becoming the fifth state to make e-conveyancing mandatory early next year.
Macrossan & Amiet is now a Brixn trusted provider
Are your Smoke Alarms Compliant?
Are you aware of the changes to smoke alarm laws and how they will affect you?
Important changes to the Foreign Resident Capital Gains Withholding Tax Regime
On 9 May 2017, the Government announced changes to the Foreign Resident Capital Gains Withholding (FRCGW) tax threshold and tax rate.
New Capital Gains Tax (CGT) withholding regime from 1 July 2016
From 1 July 2016, purchasers who enter into a Contract for the sale of an interest in Australian land with a market value of $2 million or more will be required to withhold and pay 10% of the purchase price to the Australian Taxation Office (ATO) on account of the seller’s potential CGT liability unless the seller obtains a clearance certificate from the ATO and provides it to the purchaser on or before settlement.
Franchise for Sale? Yes Please
Considering buying an existing franchise or establishing a franchise, it is important that the legal and financial issues are not overlooked.
News
- The “Bank of Mum and Dad”
- Michael White
- Making a Will – What is an Executor and what do they have to do?
- What happens if you die without a Will?
- The Importance of Completing a Pre-Settlement Inspection
- Queensland Legislation Permits the Identity of an Accused to be Publicised
- Buyer Beware – Failure to Pay Your Deposit on Time May Lead to Termination of Your Property Contract