Asset Legal

Asset Legal QLD based Property & Commercial Law Firm

As a seller, there are things you're legally required to disclose to the buyer:Known defectsBoundary disputesUnapproved ...
28/05/2026

As a seller, there are things you're legally required to disclose to the buyer:

Known defects
Boundary disputes
Unapproved building work
Flood or contamination history

If you know about it, you need to disclose it.

Failing to do so can lead to the buyer rescinding the contract or pursuing compensation after settlement. We make sure our sellers understand exactly what needs to be disclosed and how to handle it properly.

QLD: (07) 3062 9453
NSW: (02) 9060 3753

[email protected]

Settlement is when that deposit gets released to the seller as part of the final payment.Until then, it's quarantined.Tr...
26/05/2026

Settlement is when that deposit gets released to the seller as part of the final payment.

Until then, it's quarantined.

Trust accounts exist to protect both parties (buyers and sellers alike) 🔒

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

Selling a property with a pool in Queensland? You need a valid pool safety certificate 👉 and without one, settlement can...
25/05/2026

Selling a property with a pool in Queensland?

You need a valid pool safety certificate 👉 and without one, settlement can't happen.

The certificate confirms your pool fence and gate comply with current safety standards. If it doesn't pass, you'll need to get the work done before you can settle.

We've seen this hold up settlements more than once.

If you're thinking about selling, get the inspection done early so it doesn't become a last-minute problem.

QLD: (07) 3062 9453
NSW: (02) 9060 3753

[email protected]

We work with investors across QLD and NSW, and plenty who are buying in one state while living in the other.The legal pr...
22/05/2026

We work with investors across QLD and NSW, and plenty who are buying in one state while living in the other.

The legal process is different in each state.

Contracts look different and the timelines work a little differently too.

Having one team across both, means you're not juggling two firms trying to get on the same page. If you're looking at property outside your home state, we can help 👋

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

Short answer = Yes, in many cases you can. It's called mortgage portability, and it lets you move your existing home loa...
21/05/2026

Short answer = Yes, in many cases you can.

It's called mortgage portability, and it lets you move your existing home loan to a new property without refinancing.

Same rate, same terms, different address. But not all lenders offer it, and there are conditions around timing, property value, and your financial position.

Worth checking with your mortgage broker if this is a question you want answered.

QLD: (07) 3062 9453
NSW: (02) 9060 3753

We're noticing more buyers across QLD and NSW purchasing properties with inactive or poorly managed body corporates.It's...
20/05/2026

We're noticing more buyers across QLD and NSW purchasing properties with inactive or poorly managed body corporates.

It's often not obvious until you dig into the records - and by then, you might already be committed.

Red flags we look for:

→ Low sinking fund balance
→ Overdue maintenance
→ High owner arrears
→ Lack of meeting minutes
→ Planned special levies

If you're considering a unit or townhouse, a body corporate search is worth every cent.

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

Navigating conveyancing, regardless of your level of organisation, can be incredibly time-consuming!It's not just about ...
14/05/2026

Navigating conveyancing, regardless of your level of organisation, can be incredibly time-consuming!

It's not just about dealing with the buyer and/or their representative; you also need to decode all the related documents and special contract terms.

If there are delays, you risk losing the sale.

At Asset Legal, we assist clients in preparing contracts, meeting legal obligations, checking buyer's special conditions, tracking financial transactions, and managing all property sale paperwork.

Our team will help you meet all timeframes under your contract – no matter how much effort it takes.

Leave the hard work to us.

✉️ [email protected]

This is the conversation you should have with your partner before buying a home."How do you want to own the property?"Th...
13/05/2026

This is the conversation you should have with your partner before buying a home.

"How do you want to own the property?"

There are two possible structures, which mean slightly different outcomes if things were to change with the property ownership down the track.

→ Joint tenants: If one of you passes away, the other automatically inherits the property.

→ Tenants in common: You each own a share that can be left to whoever you choose.

You need to decide, and it needs to be reflected in the contract. We'll walk you through it before you sign ☺️

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

You've signed the contract. Now you wait, right?Not quite. Here's what's happening behind the scenes while you're pickin...
07/05/2026

You've signed the contract. Now you wait, right?

Not quite. Here's what's happening behind the scenes while you're picking furniture 👇

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

In New South Wales, there's an extra step that doesn't exist in Queensland: exchange of contracts.Here's how it works 👇E...
06/05/2026

In New South Wales, there's an extra step that doesn't exist in Queensland: exchange of contracts.

Here's how it works 👇

Exchange: Both parties sign identical contracts and swap them. This is when the deal becomes legally binding.

Settlement: The money changes hands, the title transfers, and you get the keys.

In Queensland, signing is the binding moment. In NSW, it's exchange.

Different process, different timelines, different risks. We guide NSW buyers through each step 👌

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

We'll advise you on what's reasonable and help you get terms that work for you⌛👌QLD: (07) 3062 9453NSW: (02) 9060 3753✉️...
05/05/2026

We'll advise you on what's reasonable and help you get terms that work for you⌛👌

QLD: (07) 3062 9453
NSW: (02) 9060 3753

✉️ [email protected]

Address

Lobby 1, Level 2, 76 Skyring Terrace
Newstead, QLD
4006

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+61730629453

Website

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