The new Form 2 Seller Disclosure regime in Queensland has raised expectations of transparency, but commercial buyers should not assume it tells the full story. Key risks like structural issues, flooding, asbestos, and prior use often fall outside what sellers are required to disclose.
A Commercial Buyers Advocate can help first time investors navigate the complexity of commercial property purchases.
Sunset clauses set the final deadline for completion and title registration in off-the-plan contracts. While they provide certainty, misuse can create significant legal and reputational risk in a rising and tightly regulated market.
Transfer duty becomes a practical issue where there is a disconnect between current ownership and intended ownership. This commonly arises where land is owned personally but development and sale are intended to occur through a trust or company, often for asset protection or tax planning reasons.
Most commercial leases in Queensland include a specific window of time in which you must notify the landlord of your intent to exercise an option to renew. This window often falls somewhere between three and six months before the lease expires.
Finance Broker Matthew McCartney shares practical industry insights to help you make informed decisions when buying a business or commercial property.
To manage competing interests between majority and minority shareholders, shareholder agreements commonly include tag along and drag along clauses.
Landlords must provide prospective tenants with both a Form 7 Lessor Disclosure Statement and a draft Lease
Property developers selling lots off the plan must ensure disclosures are accurate to meet legal requirements and maintain contract enforceability
Ardor Legal was a finalist in the 2025 Brisbane City Local Business Awards for Outstanding Legal Services.
But obtaining consent to an assignment of lease is not always straightforward. This can become a hurdle filled with delays, uncertainty, or unexpected conditions.
Heads of Agreement (HOA) are common in Queensland business sales. They shape the deal, may override protections, and can even be binding.
