The short version 01Queensland has no separate licenced conveyancer profession. Paid conveyancing is legal work performed by a solicitor, or done by yourself at your own risk. 02Residential buyers have a five-business-day cooling-off period after signing a contract. Terminating during that window costs 0.25% of the purchase price. The period does not apply to auction… Continue reading Do I Need a Solicitor to Buy a House in Queensland?
Category: Property
Can Your Lender Refuse to Release Your Mortgage?
A lender cannot hold your property hostage by demanding you sign a Deed of Release that goes beyond what your mortgage allows. A Queensland Supreme Court decision delivered this week makes that clear. If you are trying to pay out a commercial loan and your lender is making it difficult, here is what you need… Continue reading Can Your Lender Refuse to Release Your Mortgage?