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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...
Enduring Power of Attorney
The Powers of Attorney Act 2006 (Australian Capital Territory) provides that an enduring power of attorney made in another state or territory is recognised in the Australian Capital Territory.An Enduring Power of Attorney is used to deal primarily wi...
Terminating under the Finance Clause? Look before you leap.
In Queensland, if you terminate your residential property contract under the Finance Clause, you need to be very careful, as there is no simple ‘get out of jail free’ card here. Many buyers try to terminate under Finance for reasons other than a lac...
What is a General Power of Attorney in Queensland?
A General Power of Attorney provides a way for you to Appoint someone (an attorney) to act on your behalf on financial matters. A General Power of Attorney can be used to appoint an attorney for a specific period or event; for example, if you were go...
Top 5 Excuses for not having a Will
Here are the top 5 excuses for not having an up to date Will:1. I am young fit and healthy2. I don’t have the time – we are too busy living to think about dying3. I am under 18 years of age (this is actually a good one – you can have a will once you...
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