In an earlier news article, we discussed the risks of sellers blindly signing agent’s appointments which often incorporate provisions requiring the seller to pay commission on sales which have not settled. The REIQ standard terms for agent’s appointments contain that quite hazardous obligation, together with other provisions which might excite the interest of the seller’s […]
The usefulness of Enduring Powers of Attorney cannot be underestimated, and should be considered as part of any estate or business planning exercise. But what is an enduring power of attorney, how are they made, and should you agree to be an attorney? This article sets out the basic framework for the instrument. In a […]
Forcing a sale of a jointly owned property QLD… Is it possible? What to do? Read to find out! When people, including family members, buy property together, disputes can arise if one party wants to sell. Section 38 of the Property Law Act (QLD) allows a court, upon application by any co-owner, to appoint trustees […]
The federal government is in a consultation process to consider reform to law relating to restraints. In April 2024, the treasury produced an issues paper “Non-competes and other restraints: understanding the impact on jobs, business and productivity” which is available at treasury.gov.au. The issues paper identifies the typical types of restraint clauses on employees, including: The […]
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