Conveyancing

We ensure a smooth conveyancing process

At Reid Legal Group makes sure all your legal requirements are met

Buying a property can be one of the most exciting and important purchases in your life.
Congratulations on reaching that milestone! Legal expertise and diligence is well worth the cost. Contact us to arrange a consultation with your experienced conveyancing experts today.

Reid Legal Group — your Conveyancing experts

We advise our clients on all aspects involved in buying, selling, transferring, or leasing property in Queensland covering the full range of issues arising from such transactions. We can assist with drafting, negotiating, and reviewing contract terms that will protect your interests effectively and will guide you throughout the process from pre-contract to post-settlement, all at a reasonable price.

We understand that buying, selling, transferring, or leasing property is an important commercial decision which requires timely and accurate advice to fully protect your interests. If you are buying, selling, transferring, or leasing property in Queensland we are here to help.

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Meet our Team

Thank you Reid Legal for helping us with our first house purchase'Being first home owners, we had very little knowledge of what needs to be done but Gisele provided us with detailed instructions every step of the way. She was always quick to respond whenever we had any concerns/questions and is a delight to deal with! Everything went smoothly and we never had anything to worry about as Gisele was very professional and always on top of things. Thank you so much and we are loving our new home. I absolutely recommend Conveyancing with Reid Legal Group.
-Celise Murakami

Biannca was super professional and helpful During what was a complicated settlement process but she made this less of a stress and we can’t thank her enough for that! Kayleigh & Angel
-Kayleigh Ormanroyd

Gisele and the team have assisted us with several sponsorship applications for registered nursing staff at our Nursing Home. They have always been professional and very helpful navigating the mind field that is immigration law. Will definitely use them again.
-Elizabeth Bee

I strongly recommend Reid Legal Group'They are helping me with my visa process and the first one that we applied was approved very quickly (same day). They have always been so professional and reliable, making the whole process happen very smoothly and effectively. 100% recommend!
-Thaís Schwingel

I definitely recommend the Reid Legal Group team for visa application.'Gisele was very efficient and helped my husband and I to get our partner visa. We had a very short and stressful time, and with her help my visa got granted very quickly. Excellent service!

- Jennifer Namie

Gisele was excellent from beginning to end. 'I was a first time homebuyer and Gisele and her team made everything very smooth. She resolved any issue promptly and worked until we got what we wanted. Great work!

- Cristiano de Medina

Gisele helped me in reviewing and setting up a financial binding agreement during my divorce. 'I am so grateful to have had Gisele “in my corner” for this difficult and lengthy process. Gisele is efficient, very thorough and knowledgeable. Can not recommend her highly enough.

- Julia Holy

Gisele and her group have been assisting us for more than a year now, and since our first meeting, 'We felt very confident to put her plan in action and now we feel closer to our Permanent Residency! Thank you very much to the Reid Group, we really appreciate all the care and attention with us.

- Julia Holy

Got questions?

We've got answers

Some questions we’re frequently asked, with helpful answers.

View all FAQs

What is a 5-day extension clause?

This allows either party to obtain a short extension to settlement if the party is unable to settle due to the inaction or delay of a financier for any other circumstance where buyers are potentially unfairly affected by delays outside of their control. This clause can cause issues for parties, particularly if the parties have already made arrangements, such as hiring removalists. Before signing a contract of sale, it is important that you are fully informed of the potential consequences of such extensions.

Who qualifies for the first home concession?

When purchasing a property in Queensland, an amount of Transfer Duty, also known as stamp duty, must be paid to the Government. This amount is determined based on the purchase price on the contract. However, if you are a First Home Buyer and meet the following criteria, a First Home Concession will apply.

• You have never claimed the First Home Concession;
• You have never held an interest in any residential property both within Australia and/or overseas;
• You are at least 18 years of age;
• You must be paying market value if the property is valued between $500,001 and $549,999;
• You must move into and reside at the property within 1 year of settlement; and reside there for at least 12 months consecutively;
• You must not dispose (sell, transfer, lease or otherwise grant exclusive possession) of all or part of the property prior to moving in;
• You must not demolish the home without living in it first
• You must ensure any existing tenants move out when their lease expires or within 6 months of settlement, which ever is prior. Further, previous owners who continue to reside in the property must vacate within 6 months.

If you meet the above criteria, the following concessions apply depending on the value of your home.

• $500,000 or less: you will receive a full concession, meaning you will NOT have to pay any transfer duty.
• $500,001 - $549,999: you will receive a partial First Home Concession.
• $550,000 or more: you will not be eligible for a First Home Concession, however a Home Concession will apply.

Please contact us to discuss your eligibility today.

What is Joint Tenancy?

Joint tenancy is a method of owning property where two or more parties own equal share of the property. The parties’ names are recorded on the title as co-owners and they have equal rights and must agree on any decisions made about the property.

If one of the joint tenants is to pass away the survivorship rule will apply. This means that the remaining joint tenant(s) will automatically inherit the share of the party who has passed.

Joint tenancy is most suitable for couples that intend to live permanently together and who want their share of the property to go automatically to their partner upon their death.

What is Tenants in Common?

An alternative to property ownership is Tenants in common. This is where parties can own a property in equal or unequal shares. Each buyer has a fraction share in a property equal to the amount of money they have contributed towards the purchase price. For example, if you contribute $300,000 to a property with a purchase price of $1,000,000 your share
will be 30% or 30/70.

When a party who holds property as a tenant in common passes away their share does not automatically transfer to the surviving tenants, it forms part of their estate and is distributed according to their Will.

In some cases, the property owned is sold and the percentage owned by the deceased is distributed accordingly. Alternatively, the remaining owners can provide funds to buy the deceased’s share and have the title transfer to the surviving parties. If the party who holds property as a tenant in common passes away without a Will the fraction share will be distributed by the rules that apply upon intestacy.