CONVEYANCING UPDATE
New Edition Contract The 10th edition REIQ Houses and Land Contract came into effect on 1 December 2014 coinciding with the repeal of the Property Agents and Motor Dealers Act 2000 (“PAMD Act”) and the commencement of four new pieces of legislation. The new legislation that is now in effect is as follows: Key form changes […]
EMPLOYMENT LAW – THE BENIFITS OF BEING A SMALL BUSINESS
A small business employer is an employer who has less than 15 employees by head count. The employer must count all employees including casual employees who are employed on a systematic and regular basis. The employer must also count employees of associated entities e.g. entities related by shareholding or otherwise controlled by the same person. […]
FAMILY LAW – WHAT IS A PROPERTY SETTLEMENT?
Thanks to television programs and movies many people going through divorce believe that a property settlement means automatically ‘losing half of everything’ or the ‘lot’. The danger with relying on this sort of anecdotal evidence is assuming that the outcome is the same in all property settlement situations – when in fact, everybody’s circumstances are completely different, even […]
AVOIDING REDUNDANCY TRAPS
Employers can easily fall into dispute with their employees by failing to properly handle redundancies. There is often uncertainty surrounding redundancy, in terms of handling it within the law, as well as cost. Redundancy commonly occurs when a business is sold and a new owner offers jobs to the vendor’s existing workforce. Some employees decline […]
PERSONAL PROPERTY SECURITY REGISTER
It is crucial that people who have a security interest in personal property take it seriously or risk losing their security interests. Many businesses are struggling to understand the implications of the Personal Property Security Register (PPSR). In this article we have provided a simple summary and a timely warning about what to do, following […]
BUSINESS ISSUES – LEASING THE BUSINESS PREMISES
A business owner will often lease their business premises. Signing a lease though is a substantial commitment as the lessee is not only committing to paying rent but could be committing to maintenance and repair, make good obligations, replacement of fixtures or fittings or other substantial and costly obligations. It is one of the most important […]
Legal News and Posts
Proposed Changes to Resources Legislation – Landowner rights may be impacted The Mineral and Energy Resources (Common Provisions) Bill 2014 has been introduced to parliament. If this legislation is passed, it will change the framework for dealing with the resource sector. The intent of the Bill is to provide a uniform legislative framework for dealing […]
MANAGING CONTRACTUAL RISK – PRACTICAL TIPS
In this article we talk about a few things you can do to manage risk when it comes to contract preparation, negotiations and execution. Checklists are generally a good start. Checklists should suit the nature of the contract in question. For example, a checklist for a contract for the purchase of residential land would hardly be […]
CONVEYANCING – COMMONLY ASKED QUESTIONS
Q. I am an agent for a Vendor who is based in Victoria. The Vendor has appointed an attorney under a Victorian Power of Attorney. Is a Victorian Power of Attorney valid in Qld? A. Section 34 of the Powers of Attorney Act Qld provides that if a power of attorney is made in another state, it […]
YOUR WILL, YOUR WAY
Why have a Will? The main reason is to ensure your estate is gifted in the way that you would like it to be. If you die without a Will, your estate is distributed as specified by the Succession Act Qld. For example, a person who dies without a Will and is married and has one child, their estate […]