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Queensland Residential Conveyancing - Finance clause
If the contract is subject to finance, you must take all reasonable steps to obtain finance approval by the finance date. This includes making a finance application shortly after the contract date and pursuing the application diligently.If you fail...
Non-shared Pool
There are questions in the contract reference schedule about pools and pool safety certificates.If the seller has indicated that it will give a Pool Safety Compliance or Exemption Certificate to you then the seller must hand over a copy of the curren...
Buyer Beware - do your searches!
In Queensland the onus is on a buyer to obtain searches and satisfy itself about the property. There is no obligation on the seller to tell you about the property or any of its defects or other issues, except for limited contractual warranties and s...
Director penalty notices: How a director can be personally liable for certain company tax debts
If a company fails to comply with their obligations to pay certain debt/s, directors are held personally liable for the amount the company should have paid.OverviewCompany directors are legally responsible for ensuring that their company meets its pa...
Enduring Power of Attorney
The Powers of Attorney Act 1998 provides that an enduring power of attorney made in another state or territory is recognised in Queensland.An Enduring Power of Attorney is used to deal primarily with personal and/or financial matters. The power may b...
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