Joint Property Disputes
Co-Ownership Of Real Property Where there is co-ownership of real property the parties will hold the property as either: Tenants In Common Co-owners who are tenants in common own individually specified shares of the property. These shares can be equal or unequal. Shares are usually proportionate to each party’s initial contribution and are by agreement. […]
Warning Statements, Cooling Off Period
A costly dispute: Businessman failed to show he validly terminated an $8.5 million purchase contract for a Gold Coast Q1 penthouse. The Court of Appeal in Brisbane recently affirmed the decision of a Supreme Court judge that businessman Brian Fletcher had not been entitled to terminate a contract on the luxury Gold Coast Q1 apartment. […]
PAMDA Amendments
PAMDA Amendments Property Agents and Motor Dealers Act amendments Buyers seeking to avoid residential contracts have been able to rely on minor and technical breaches arising from, often inadvertent, failures by sellers or sellers’; agents to comply with the requirements for delivery of contracts. New amendments to the PAMDA Act removes the requirement that the […]