As of January 1, 2025, significant legislative changes have come into effect regarding ATO Clearance Certificates that all property sellers need to be aware of.

A Power of Attorney is a powerful legal tool that facilitates real estate transactions when principals are unavailable. Working with a real estate agent who understands the nuances of Power of Attorney transactions is essential to ensure a seamless and legally compliant process.

As we approach the holiday season, it's crucial for buyers and sellers preparing to sign a Contract of Sale to understand how "business days" are defined under REIQ (Real Estate Institute of Queensland) contract terms. This definition has significant implications for contract conditions, cooling-off periods, and settlement dates, particularly at this time of year.

If you're navigating a property transaction, smoke alarm compliance is one of those critical details both sellers and buyers should be aware of.

In real estate, transparency is key to a successful sale. Under the Property Law Act, sellers are required to fully disclose all relevant information about their property to potential buyers. Failing to do so can lead to serious consequences, including contract termination or legal action. But what exactly does non-disclosure mean, and how can sellers avoid it?

Australian house and unit prices continue their upward trend this month, albeit at a slower pace. Both housing types saw a modest 0.2 per cent appreciation. However, the market is exhibiting greater diversity across states and regions, reflecting varying local economic conditions.

When it comes to selling a property that has been rented out, transparency and accurate disclosure are key to ensuring a smooth transaction. One area that often requires careful attention is disclosing the details of any recent rental increases, particularly if tenants have vacated the property within the last 12 months or if there is a current rental agreement in place.

In real estate transactions, precision is critical. An incorrect spelling on the contract can lead to complications. So, what happens if a name is not accurately reflected on a residential contract of sale? Let's find out.

Some law firms have adopted a streamlined approach regarding settlement confirmations by relying solely on PEXA's automated emails. Here's why...

Vendor finance offers an alternative pathway to home ownership for buyers and a potential advantage for sellers in a competitive market. When structured correctly and with careful consideration of the risks, it can be a mutually beneficial arrangement that leads to successful property transactions.

In property transactions, the term "without prejudice" plays a critical role, particularly during negotiations and dispute resolutions. It offers a layer of protection, allowing parties to discuss and negotiate terms openly without the risk of those discussions being used against them if the negotiations fail and the matter escalates to court.

Navigating the intricate process of pricing your property correctly is pivotal for a successful and timely sale. Here's a closer look at the five steps to ensure your property hits the market with the right price tag.

Something interesting happened in Sweden in early May and it had nothing to do with Eurovision, IKEA or ABBA.

Navigating Goods and Services Tax (GST) responsibilities in property sales is crucial for both sellers and buyers. Understanding who is responsible for GST payment and ensuring clear communication during negotiations are essential steps in ensuring a smooth transaction. In this article, we explore the key considerations and obligations surrounding GST in property sales, shedding light on important disclosure requirements and potential implications for both parties involved.

If you’re a seller with a misspelled name or a missing middle name on your property title, you may be wondering how to proceed with your sale. Here's a step-by-step guide to navigate this situation smoothly and avoid potential pitfalls.

As the end of the financial year approaches, property owners often find themselves contemplating whether to sell their property now or wait until the next financial year. While each situation is unique, several compelling reasons can make selling before the EOFY an advantageous decision.

Selling a property involves full disclosure under the Property Law Act. From structural details to historical aspects, transparency is key. Failure to disclose can lead to contract termination or compensation. Read more for tips on navigating this critical process.

In the intricate world of property transactions, the concept of vacant possession holds significant weight, especially when dealing with properties occupied by tenants.

In the realm of property transactions, particularly in the residential sector, there's a pivotal threshold to be mindful of: the 10% deposit mark. Surpassing this percentage can trigger a significant legal transformation, shifting the nature of the agreement from a straightforward purchase to what is known as an instalment contract under the purview of the Property Occupations Act.

When it comes to finalising the purchase of a property, there's often a discrepancy between the initially agreed-upon price and what is actually paid at settlement. Read more…