As published in CK Momentum Issue 7 (Click here to download) Congratulations! You are ready to start scaling your business and take on your first commercial lease! Now comes the negotiations with the landlord on the commercial terms of lease. Here we list some tips...
As published in CK Momentum Issue 7 (Click here to download) Congratulations! You are ready to start scaling your business and take on your first commercial lease! Now comes the negotiations with the landlord on the commercial terms of lease. Here we list some tips...
The Property Occupations Act 2014 (Qld) (Act) will commence on 1 December 2014 replacing the Property Agents and Motor Dealers Act 2000 (Qld) (PAMDA). Amendments to the Land Sales Act 1984 (Qld) (LSA) and Body Corporate and Community Management Act 1997 (Qld) (BCCMA)...
As published in CK Momentum Issue 4 (Click here to download) Bank guarantees are often used by tenants to provide landlords under commercial or retail leases with security about the performance of their obligations. Typically, the terms of the bank guarantee will...
As published in CK Momentum Issue 4 (Click here to download) In October 2013, New South Wales first experienced electronic lodgement and registration of land dealings. In Victoria, financial institutions have been settling discharges of mortgages, withdrawals of...
As published in CK Momentum Issue 3 (Click here to download) The Queensland Government has introduced further amendments to property legislation, specifically for the sale of off-the-plan lots, which will be of significant benefit to property developers. Legislation...
The development and real estate industries have welcomed the passing of the Land Sales and Other Legislation Amendment Act 2014 ("the Act") by Parliament with amendment on 9 September 2014. The Act amends the Land Sales Act 1984 (Qld) (“LSA”), the Body Corporate and...
As published in CK Momentum Issue 3 (Click here to download) Recent changes to the law amended the requirement for all commercial premises built before 31 December 2003 that are used as a workplace to maintain an asbestos register. The requirement to keep an asbestos...
The Queensland Government has introduced further amendments to property legislation, specifically for the sale of off-the-plan lots, which will be of significant benefit to property developers. The Land Sales and Other Legislation Amendment Bill 2014 (the Bill)...
As published in CK Momentum Issue 2 (Click here to download) Prior to the GFC, there were plenty of options available for raising capital to get development projects off the ground, with the onset of the GFC, most players in this space retreated back overseas, went...
As published in CK Momentum Issue 3 (Click here to download) The development and real estate industries have welcomed the passing of the Property Occupations Act 2014 (the Act) by Parliament with amendment on 7 May 2014. The Act will regulate property occupations and...
Property agents and developers would be aware the standard REIQ Contract contains a finance clause which makes the contract conditional upon the buyer obtaining finance. This is for the mutual protection of the parties, in that either party may elect to terminate the...