Stamp Duty When Buying a Business and Property
Buying a business and the property it trades from? In Queensland, the two purchases may be aggregated for stamp duty.
Landholder Duty on Share Transfers
Buying shares in a company that owns Queensland property does not usually avoid stamp duty. Exemption can apply to certain acquisitions, provided the transaction meets the eligibility requirements.
Why Developers Use Put and Call Options When Partnering with Builders
A put and call option allows developers to secure a sale to a builder while giving the builder the flexibility to nominate the eventual homebuyer as the transferee, without the builder needing to settle on the land first.
Historical Use Does Not Mean Lawful Use in Commercial Property
One of the most important concepts for commercial property buyers to understand is that an existing use and a lawful use are not necessarily the same thing.
What Buyers Should Investigate When Buying their First Commercial Premises
Buying your first commercial premises often feels like a positive step towards stability and long‑term security. What many first‑time buyers underestimate is how much responsibility shifts once ownership changes hands.
Why Leases Matter When Financing the Purchase of an Existing Business
Matt Webber, an experienced finance broker with LendSmart, shares his insights in this guest post on why lease terms can make or break a business purchase and its funding.
WARNING: The Seller Disclosure Doesn’t Tell You Everything You Need to Know
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.
Why Transfer (Duty) Timing Matters
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.
Don’t Miss Your Lease Option to Renew
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.
3 Key Steps to Assignment of Lease in Queensland
But obtaining consent to an assignment of lease is not always straightforward. This can become a hurdle filled with delays, uncertainty, or unexpected conditions.