Finance Timeline FAQs for Conveyancing when Buying a House or Land in Queensland When are Conveyancing fees payable in Queensland? Conveyancing fees are not required to be paid in advance. Payment for the services provided by River City Conveyancing is made through a deduction at settlement. There are no upfront or advance fees necessary. Read more about Conveyancing Costs  What is the typical timeframe for purchasing a house in Queensland? The Conveyancing process commences upon the signin.....
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How valuations affect Land Tax in Qld? When it comes to buying or selling land in Queensland, it's important to consider the financial implications for land tax. While your assessment already takes your land tax liability into account, there are situations where land tax may also be payable during property transactions. River City Conveyancing solicitors have been taking care of Queensland conveyances for over 30 years and offer premium conveyancing services at an affordable price. Our local con.....
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The newly introduced Resilient Homes Fund through the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA) is offering a buyback of homes impacted by floods in the Queensland state. Federal Minister for Emergency Management Murray Watt commented that it was a great outcome for the homeowners involved. “Every property we can buy back through this program is a win for disaster resilience in Queensland and another step in ensuring we are better prepared for the next flood. These Queensl.....
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In Queensland the controversial terms of contract that allowed property Sellers to keep the deposit of Buyers if settlement is not completed has now been changed. The REIQ has initiated the introduction of a new terms of contract in the standard REIQ contract used in Queensland. Originally all REIQ contracts were considered to be ‘time of the essence’ meaning that all conditions of the contract must be fulfilled by the agreed upon times and dates as written in the signed contract. Previously any.....
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Conveyancing Update: The emerging digital auction market in Queensland Due to on-site and in-room auctions now being banned across Australia following Scott Morrison's announcement during the COVID-19 lockdown a new emerging digital market for auctions has come to the fore.  The last month has shown that the Australian real estate market is adapting in some respects to these uncertain times. Although some buyers will withdraw from the market or opt for private sales there has been increasin.....
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