ARTICLES

Property Law

Lease Guarantees and Deposits – Do you Know Which one is best for you?

By NB Lawyers | April 29, 2022 |

When entering into a lease, the lessor may require the lessee to give some sort of financial assurance that would incentivise the lessee to comply with lease obligations. The most effective way lessors implement this is to impose a financial obligation on the lessee in the event they default on the lease, by way of…

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Airspace – Do you own the air above your property?

By NB Lawyers | April 22, 2022 |

Over the last few years there has been a resurgence of interest in how much of the air you own on your property. Not only are there an abundance of apartment and housing constructions occurring in Queensland but there are also concerns of aeroplanes and drones flying over your property. It is vital that all…

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Testamentary Capacity – 4 Key requirements you need to prove in order to make a valid will.

By NB Lawyers | April 13, 2022 |

In order for someone to make a valid will, there is a fundamental requirement that they had the right state of mind to make their will. This is known as testamentary capacity and it is crucial that you understand how to prove testamentary capacity in case it is ever in dispute. Otherwise, you may risk…

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Are you Buying a Property – When is Insurance Required and Which Insurance Do you Need?

By NB Lawyers | April 5, 2022 |

Buying a property is a big step in life, and a buyer will want to ensure they obtain the property in the same condition it was in at the time of signing the contract. Insurance is a large part of ensuring that if the property is damaged, that the disadvantaged party receives compensation for fixing…

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Lease Incentives for Retail & Commercial Tenants – What are they and the Hidden Dangers

By NB Lawyers | March 30, 2022 |

Lessors to commercial and retail leases may offer a lessee short term advantages to entice a lessee to enter into the lease. These advantages are known as lease incentives. While lease incentives do intend to provide lessees with an easier transition into leasing premises, they also can have hidden traps that lessees should be aware…

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