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.
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.
What Happens if Your Lessor Disclosure Statement Is Wrong?
Landlords must provide prospective tenants with both a Form 7 Lessor Disclosure Statement and a draft Lease
Disclosure Requirements for Off the Plan Contracts in Queensland
Property developers selling lots off the plan must ensure disclosures are accurate to meet legal requirements and maintain contract enforceability
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.
Who Pays Land Tax in Queensland under the new REIQ Contract?
If you are buying or selling a commercial property in Queensland, you will want to pay close attention to how land tax is handled in the new REIQ Contract for the Sale and Purchase of Commercial Real Estate.