Unprecedented Changes for Signing of Wills!
On 22 April this week our Chief Justice of the Qld Supreme Court, Justice Holmes, issued a Practice Direction dealing with the execution of Wills during COVID-19. The effect of this is that the phrase below which I referred to in my article, that of 2 independent witnesses "being ...
Posted By Despina Priala1st June 2020 (Updated 18th June 2022)
Views : 443
What happens when a seller dies before closing
Despina Priala explains what options are available to a buyer if the seller dies prior to closing. Question: A week before we were set to settle on a residential investment property, I got a phone call from our solicitor saying that the seller had passed away and so the ...
Posted By Despina Priala5th March 2012 (Updated 18th June 2022)
Views : 1702
What happens when a seller dies during a transaction?
Where two parties enter into a contract of sale, each party must perform under that contract and carry out certain obligations placed upon them. If either party dies before the sale can be completed, then obviously that party can no longer perform under such contract. In the ...
Posted By Despina Priala1st February 2012 (Updated 18th June 2022)
Views : 1739
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