What Does the New Property Law Act Mean for Sellers of Property?

What Does the New Property Law Act Mean for Sellers of Property?

In QLD, the Property Law Act 2023 (the Act) passed Parliament on 25 October 2023. The primary objective of the Act is to simplify, streamline and modernise Queensland’s property law regime by replacing the Property Law Act 1974 (Qld). But what are the key elements, in particular those that will impact upon sellers of property across the state? In this podcast, Big Law Director, Sylvia Lopez discusses the changes you need to be aware of.

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Things to Read

The Presumption of Revocation of a Will in Queensland: Understanding Its Implications and Prevention

In estate planning and succession law, few concepts carry as much weight and potential consequence as the presumption of revocation of a Will. This legal principle can significantly impact the distribution of a deceased person's assets and the fulfilment of their final wishes. As such, both testators (those making a Will) and potential beneficiaries mustRead More »The Presumption of Revocation of a Will in Queensland: Understanding Its Implications and Prevention

Property Owners: Are You Aware of the New QLD Minimum Housing Standards?

As a property owner in Queensland, it’s crucial to stay updated on the latest regulations impacting your investment. Recently, the Queensland government has introduced new minimum housing standards designed to enhance living conditions for renters and clarify property maintenance requirements. In effect, these standards represent a substantial change in rental property management, ensuring that allRead More »Property Owners: Are You Aware of the New QLD Minimum Housing Standards?

What You Need to Know About Changes to Superannuation Tax Concessions and Their Impact on Estate Planning

The Australian superannuation system, a cornerstone of retirement planning, can be reshaped by the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023. These changes in Division 296 tax introduce significant alterations to tax concessions, which affect individuals with a Total Superannuation Balance (TSB) exceeding $3 million. This article examines the impact of these changes onRead More »What You Need to Know About Changes to Superannuation Tax Concessions and Their Impact on Estate Planning

Stamp Duty Relief for Queensland: What it Means for You

In the event of a change of government, Queensland may have changes coming to the stamp duty landscape, making it more accessible for first-time homebuyers to enter the property market. These updates may be a game-changer, given the continuing rise of house prices. In fact, from January 2023 to March 2024, there has been aRead More »Stamp Duty Relief for Queensland: What it Means for You

Podcasts to Listen to

What You Need to Know About Commercial Leases in Queensland

If you're a business owner navigating the commercial lease market, maybe about the sign on the dotted line or just want to understand the basics of a commercial lease, this podcast is for you. In this podcast, Big Law director, Sylvia Lopez, talks about all things to do with commercial leasing in Queensland. Transcript AtRead More »What You Need to Know About Commercial Leases in Queensland

Can Stepchildren Contest a Will?

It probably comes as no surprise, that in the context of estate administration, people who may be beneficiaries, or those that think they should be, may want to contest the Will. This can often concern stepchildren. In Queensland, this process is often referred to as a family provision claim. To learn more about this growingRead More »Can Stepchildren Contest a Will?

How can an Executor be removed?

One of the most important aspects of estate planning is of course, making sure you have the right executor. But what happens if things don't work out or circumstances change and you want another executor. In this podcast, Estate Planning Lawyer, Elise Jacques discusses the matter. Elise Jaques Solicitor Make an appointment

What Does the New Property Law Act Mean for Sellers of Property?

In QLD, the Property Law Act 2023 (the Act) passed Parliament on 25 October 2023. The primary objective of the Act is to simplify, streamline and modernise Queensland's property law regime by replacing the Property Law Act 1974 (Qld). But what are the key elements, in particular those that will impact upon sellers of propertyRead More »What Does the New Property Law Act Mean for Sellers of Property?