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Stamp Duty Law QLD Guide 2024 – An Overview of how to avoid a costly mistake

Understanding Stamp Duty Stamp duty, also known as transfer duty, is a tax levied by state and territory governments in Australia on specific transactions, such as property purchases or land transfers. The amount of stamp duty payable varies based on the transaction’s value and the state or territory where it occurs. When buying property, stamp […]

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2024 Guide to Queensland Land Tax Law: Will it cost you big?

When is Land Tax Payable? Land tax is applicable to freehold land, whether it’s vacant, built-on, or part of community title schemes like apartments and units. The Queensland government recently canceled proposed changes to the Land Tax Act 2010. These changes aimed to expand the scope of land tax assessment to cover all Australian land

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Understanding Joint Tenants Vs Tenants In Common in QLD: Which Ownership Structure Is Best Suited For You?

Are you contemplating purchasing property with another individual or considering selling your property with a co-owner? If so, you may have encountered the legal terms ‘joint tenants’ and ‘tenants in common.’ While these terms may initially seem perplexing, they play a significant role in defining the rights and responsibilities of property co-owners. In this article,

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What You Should Know When Buying Or Selling A Property With Tenants In QLD and how it benefits you in 2024!

For prospective buyers or sellers involved with properties housing tenants in Queensland, understanding key factors is paramount. The process of buying or selling such properties can be intricate, demanding thorough awareness to make informed decisions. In this article, we’ll delve into essential considerations surrounding purchasing or selling properties with tenants in Queensland, covering aspects like

What You Should Know When Buying Or Selling A Property With Tenants In QLD and how it benefits you in 2024! Read More »

Understanding the Eye-opening Distinctions Between Solicitors and Conveyancers and how it can help your transaction in 2024!

Navigating the process of purchasing a home involves various complexities and significant liabilities, underscoring the importance of seeking professional advice. However, choosing the right advisor can present its own set of challenges. When it comes to property settlement, buyers often have the option to engage either a solicitor or a conveyancer, both specializing in property

Understanding the Eye-opening Distinctions Between Solicitors and Conveyancers and how it can help your transaction in 2024! Read More »