ARTICLES

Property Law

Why It Is Important For You To Have A Will

By NB Lawyers | April 23, 2019 |

What is the Purpose of you Having a Will? A will is a legal document which states what you wish to happen with your assets (estate) once you pass away. Those nominated to receive your estate are known as the beneficiaries. It will also indicate who you want to administer your estate once you are…

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Choosing the Best Property Ownership Structure for You

By NB Lawyers | March 15, 2019 |

When two or more people own a property together, there are three main ownership structures they can choose from; Joint tenancy; Tenancy in common; or Trustee. It is important to know which structure is best for you to ensure you get it right the first time and avoid additional costs. Joint Tenancy Joint tenancy is…

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New GST Withholding Laws in Australia

By NB Lawyers | October 17, 2018 |

On 1 July 2018 the new GST withholding regime relating to new residential premises or potential residential land transactions came into effect. The regime requires the buyers of new residential premises or potential residential land to account to the Australian Taxation Office (ATO) for GST included in the purchase price.

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New Cladding Laws affecting Queensland Building Owners

By NB Lawyers | October 11, 2018 |

Non-conforming cladding on buildings has become an issue after the Grenfell Tower fire in the United Kingdom in 2017. Australia had a similar incident (excluding the loss of lives) at the Lacrosse Tower fire in Melbourne in 2014.

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Changes affecting Queensland residential property buyers

By NB Lawyers | June 19, 2018 |

If you are buying a residential property in Queensland, you should be aware of the changes in additional foreign acquirer duty (AFAD) and the First Home Owners’ Grant in response to the 2018-19

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