Property Law

What is a Put Option vs. Call Option when buying/selling property?

By Victoria | August 4, 2021 |

Put and call options are used so parties can enter into an agreement to sell or purchase real property in the future for a particular price. The agreement provides the buyer with the option to purchase the property and the seller with the option to sell the property. Put and Call options: understanding options over…

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3 Stages of a Property Purchase – Steps to Buy A New House

By NB Lawyers | November 6, 2020 |

Most people know that transferring of property ownership from one person to another is not a simple task but only a few appreciate how complicated the process of transferring the ownership title from the seller to the purchaser is. How Property Conveyancing Works Conveyancing is the legal process of transferring the property from the seller…

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HomeBuilder Scheme 2020

By NB Lawyers | August 18, 2020 |

The Federal Government recently announced the HomeBuilder scheme in an effort to boost Australia’s limping construction sector by providing eligible applicants $25,000 to put towards building a new home or the renovation of an existing one. The scheme is a tax-free grant and is estimated to directly support 140,000 jobs across the country. Eligibility Criteria…

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Protections for Landlords: Retail Shop Leases and Other Commercial Leases Regulation 2020

By NB Lawyers | July 6, 2020 |

The Retail Shop Leases and Other Commercial Leases (COVID-19 Emergency Response) Regulation 2020 is one of the latest pieces of legislation enacted as a result of the COVID-19 pandemic. This legislation was made under the COVID-19 Emergency Response Act 2020 (Qld) and Retail Shop Leases Act 1994 (Qld) with the purpose of mitigating the effect of COVID-19 on small businesses and giving effect to the good faith leasing principles as outlined in the National Cabinet’s Mandatory Code of Conduct.

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COVID-19 and Special Clauses: What You Need to Know Before You Buy or Sell!

By NB Lawyers | May 19, 2020 |

The COVID-19 pandemic has led to changes in the way we go about our typical everyday lives and has seen businesses and individuals alike trying to protect themselves against the economic impacts of the pandemic. Initial forecasts indicated that the Australian property market would be one of the areas hit hardest by the pandemic, however…

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