Property
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Expertise
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What is the principal place of residence exemption?
Capital Gains Tax (CGT) and Property Sales When a property is sold, it is a Capital Gains Tax (CGT) asset, meaning you may be liable to pay tax on all, or part of the profits from the sale. However, there’s an exemption for a property that is your principal place of residence – the home...
The differences between residential and commercial conveyancing
The differences between residential and commercial conveyancing Whether you are purchasing or selling a home, residential investment, or a commercial investment, there are many similarities involved in the transfer of ownership of these different kinds of properties. There are also some important differences in the processes and complexities involved that you should be aware of…...
What is e-conveyancing?
What is E-Conveyancing? E-conveyancing refers to property transactions that are settled electronically, and as of February 20 this year, they’re compulsory in Queensland. Mandatory e-conveyancing aims to ensure property transactions are completely quickly and consistently. It also brings Queensland into line with New South Wales, Victoria, South Australia, and Western Australia, which have had e-conveyancing...
Residential Contracts – what’s new for Buyers
What Buyers Need to Know Australians’ obsession with the property market continues unabated. Earlier this year the Real Estate Institute of Queensland (REIQ) brought in some changes to the way contracts for sale are drawn up. As a buyer, here’s what’s new for you: Compliant smoke alarms: Smoke alarms must be installed in any domestic...
The Importance of Working With a Lawyer to Do Property Conveyancing
Whether you’re buying a commercial or residential property, you’re probably familiar with the role that real estate agents play in the process. They’re probably the most visible presence throughout the entire transaction, as they’re doing their best to convince you to purchase the property. However, what many people don’t know is the importance of residential...
Residential Contracts – what’s new for Sellers
As the property market continues to heat up, sellers are reminded there are several new obligations when it comes to residential contracts. Here’s a summary of what you need to know before completing the sale of your house or land: Compliant smoke alarms: You must install smoke alarms in any domestic dwelling. If you fail...
Questions You Should Ask Your Brisbane Conveyancing Solicitor
A good conveyancing solicitor will help ensure that you don’t have any regrets about a property transaction, even years later. They will make sure all the paperwork is in order and that your interests are protected. Here are some of the answers to some of the most common questions a conveyancing lawyer gets. We hope...
5 Common Residential Conveyancing Mistakes to Avoid
Conveyancing is a long and arduous process that every home buyer or seller must face. There’s really no skipping it as you need it if you want to buy or sell a property and make sure that the transaction goes smoothly. If you’re new to the idea of conveyancing, there are a few things you...
4 Legal Factors To Consider When Buying Property For Your Business
As a small or medium business you will likely need to sign a commercial lease at some point and potentially purchase commercial for your day to day operations at some point. It’s a significant investment that can make or mar your financial stability, and it’s a complex process that can make insider pros scratch their...
Australian Property Laws You Need to Understand Before Moving
Moving to a different country is always complicated, especially with the numerous legal requirements of becoming a permanent resident. This does not even consider all the nuances in culture and customs that you might need to adjust to in order to successfully assimilate into your new community. Australia is no different. Assuming that you’ve already...
824 Lot Subdivision | Regional NSW
GLG is working on an 824 lot subdivisions for flat land subdivision in NSW for an eco-community under a company title structure. The size of this project and scale of work involved highlight our team’s ability to effectively work on large projects for developers and the trust said developers have with our experienced legal team.
Luxury Apartment Development Project
GLG are currently working with one of Australia’s leading developers on a project which encompasses 5 luxury development sites for interstate development group in Noosa , Brisbane and Melbourne. Our team are responsible for: AS construction contracts, totalling $17.3 million Preparation and issuing of all developer contracts Reviewing and advising on all security documentation for...