Bank halts home sale: Buyer sues for extra $65k paid for house of “like-quality”
When Ai and Kris O’Neill signed a contract to buy a $360,000 residence at Ormeau, little did they know that the purchase price might not be enough to clear the (more…)
When Ai and Kris O’Neill signed a contract to buy a $360,000 residence at Ormeau, little did they know that the purchase price might not be enough to clear the (more…)
In May 2008 Kym Boylan sold her $5.5 million Nerang riverfront residence via Put & Call Option and last month finally recovered the $2.1 million (more…)
Agents and solicitors were last week dealt a harsh lesson from the Supreme Court about the operation of residential finance and building & pest conditions and how not to (more…)
Agents can be forgiven for holding suspicions about the proposed deregulation of commissions and “reconsideration” of new industry regulation that was slated (more…)
Self-represented sellers who were ordered to pay Ray White Surfers Paradise a second commission on the sale of their home under an “unfairly drafted” exclusive agency (more…)
Amendments to the Body Corporate and Community Management Act 1997 (BCCMA) that came into force on Thursday have again turned the Queensland real estate industry on its head (more…)
As predicted, a disputed flood damage contract termination where a buyer alleges the property is uninhabitable, is already before the Supreme Court.
None other than Maris Dunworth, the Tennyson Reach buyer (more…)
The legal position in respect of homes under contract that can’t be repaired by the agreed settlement date is clear: a buyer may terminate if the property is “substantially unfit for occupation”. (more…)
Agent Gaile Huskins agreed to a discounted $5,500 commission per townhouse sold in a sole agency arrangement for a small townhouse development in Zillmere, Brisbane. (more…)
Every agent learns that amendments made to a contract after signing by a party must – to ensure contract validity – be returned to that party for initialing: Real Estate 101. (more…)