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silhouette of person standing on rock formation during sunset

<p>Public holidays can impact various aspects of our lives, including property settlements. In 2025, Queensland will observe several public holidays that could <a data-mce-href="https://www.mintlegal.com.au/blog/preparing-for-queensland-public-holidays--legal-tips-for-families" href="https://www.mintlegal.com.au/blog/preparing-for-queensland-public-holidays--legal-tips-for-families">affect </a>property transactions. Knowing these dates can help you plan better and avoid any delays.</p><h2>Key Public Holidays in 2025</h2><p>Queensland will have several public holidays in 2025. Some of the key dates include:</p><ul><li>New Year's Day - January 1</li><li>Australia Day - January 26</li><li>Good Friday - April 18</li><li>Easter Monday - April 21</li><li>ANZAC Day - April 25</li><li>Labour Day - May 5</li><li>Queen's Birthday - October 6</li><li>Christmas Day - December 25</li><li>Boxing Day - December 26</li><li>Local holidays eg Ekka in Brisbane</li></ul><figure id="figure-avg0luq9kmlx5dpu3o"><img id="avg0luq9kmlx5dpu3o" src="https://images.unsplash.com/photo-1535981767287-35259dbf7d0e?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxfHxjYWxlbmRhciUyMGRhdGVzfGVufDB8fHx8MTcxNzgwNjYzM3ww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="calendar dates" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1535981767287-35259dbf7d0e?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxfHxjYWxlbmRhciUyMGRhdGVzfGVufDB8fHx8MTcxNzgwNjYzM3ww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h3>Impact on Property approvals or fund transfers might not happen on time.</h3><p>For example, if your settlement is scheduled close to a public holiday, you might face delays. It's crucial to factor these dates into your planning to <a data-mce-href="https://www.mintlegal.com.au/blog/how-public-holidays-affect-real-estate-transactions-in-queensland" href="https://www.mintlegal.com.au/blog/how-public-holidays-affect-real-estate-transactions-in-queensland" data-mce-selected="inline-boundary">avoid </a>any last-minute surprises.</p><h3>Preparing for Delays</h3><p>To prepare for potential delays, you can take a few steps:</p><ol><li>Check the public holiday calendar for 2025.</li><li>Coordinate with your solicitor to choose a suitable settlement date.</li><li>Communicate with your bank to ensure funds are available on time.</li></ol><figure id="figure-zovj8pusznlx5dpwln"><img id="zovj8pusznlx5dpwln" src="https://images.unsplash.com/photo-1589307904488-7d60ff29c975?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyNHx8bGVnYWwlMjBhZHZpY2V8ZW58MHx8fHwxNzE3ODA0Nzk4fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="legal advice" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1589307904488-7d60ff29c975?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyNHx8bGVnYWwlMjBhZHZpY2V8ZW58MHx8fHwxNzE3ODA0Nzk4fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><blockquote><h3>Choosing the Right settlement date, consider the days before and after public holidays. Avoid setting the settlement date on the day before a public holiday. This can help ensure that all parties involved have sufficient time to complete their tasks.</h3></blockquote><p>Additionally, try to schedule the settlement early in the week. This gives you a buffer if any issues arise that need to be resolved before the weekend.</p><h3>Communicating with All Parties</h3><p>Effective communication is key to a smooth property settlement. Inform all parties involved about the public holidays. This includes your <a data-mce-href="https://www.mintlegal.com.au/contact-us" href="https://www.mintlegal.com.au/contact-us" target="_blank" rel="noopener">solicitor</a>, bank, and the seller or buyer. Clear communication can help everyone prepare and avoid delays.</p><figure id="figure-u301vdrbjlx5dpzgt" class=""><img id="u301vdrbjlx5dpzgt" src="https://images.unsplash.com/photo-1600880292203-757bb62b4baf?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxNnx8dGVhbSUyMG1lZXRpbmd8ZW58MHx8fHwxNzE3ODA2NjQwfDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="team meeting" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1600880292203-757bb62b4baf?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxNnx8dGVhbSUyMG1lZXRpbmd8ZW58MHx8fHwxNzE3ODA2NjQwfDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure>

Public Holidays in 2025: Impact on Property Settlements in Queensland

<p>Buying a property in Queensland is an exciting journey. One crucial step in this process is the pre-settlement inspection. This guide will help you understand what to expect and how to make the most of it.</p><h2>What is a Pre-Settlement Inspection?</h2><p>A pre-settlement inspection is a final check of the property before the settlement date. As a buyer, you have the right to inspect the property to ensure it is in the same condition as when you signed the contract.</p><p>During this inspection, you should look for any damage or changes that may have occurred since your last visit. This is your chance to confirm that the property is ready for you to move in.</p><figure id="figure-d0blnfg8zplx5defcj"><img id="d0blnfg8zplx5defcj" src="https://images.unsplash.com/photo-1586982599726-11708daaceca?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHw5fHxob21lJTIwaW5zcGVjdGlvbnxlbnwwfHx8fDE3MTc4MDYxMDF8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="home inspection" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1586982599726-11708daaceca?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHw5fHxob21lJTIwaW5zcGVjdGlvbnxlbnwwfHx8fDE3MTc4MDYxMDF8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h3>When to Schedule the Inspection</h3><p>It is best to schedule the pre-settlement inspection a few days before the settlement date. This gives you enough time to address any issues that may arise.</p><p>Make sure to coordinate with the seller or their agent to agree on a suitable time for the inspection.</p><figure id="figure-9rf48z4h0alx5dg4la"><img id="9rf48z4h0alx5dg4la" src="https://cdn.durable.co/shutterstock/38K0USTOk6tpjT853A2XVCe2gSMp3Y6qlc4fu1qujo8LC3Qs072rxst8YWtlCf0k.jpeg" alt="Real estate economy and wealth, property prices and markets, facts and truth, small houses and magnifying glasses" title="Real estate economy and wealth, property prices and markets, facts and truth, small houses and magnifying glasses" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/shutterstock/38K0USTOk6tpjT853A2XVCe2gSMp3Y6qlc4fu1qujo8LC3Qs072rxst8YWtlCf0k.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure><p><br></p><ul><li><strong>Cleanliness:</strong> The property should be clean and free of debris.</li><li>Appliances: Check that the appliances are working.</li><li><strong>Repairs:</strong> Confirm that any agreed-upon repairs have been completed.</li></ul><h3>Tips for a Successful Inspection</h3><p>To make the most of your pre-settlement inspection, consider these tips:</p><ol><li>Bring a checklist to ensure you don't miss anything.</li><li>Take photos of any issues you find.</li><li>If possible, bring a professional inspector with you.</li></ol><figure id="figure-jg3mr84iqolx5deirq"><img id="jg3mr84iqolx5deirq" src="https://cdn.durable.co/shutterstock/34aN2QN7XlMz2CbNOIfLKvTxD2eOkZywX4zLMOXdOiaAerev8ntB8bJxml31j92u.jpeg" alt="Serious young businessman standing by the office windows engaged in an important conversation using his smart phone." title="Serious young businessman standing by the office windows engaged in an important conversation using his smart phone." class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="null" data-positiony="null" data-fullwidth="false" data-mce-src="https://cdn.durable.co/shutterstock/34aN2QN7XlMz2CbNOIfLKvTxD2eOkZywX4zLMOXdOiaAerev8ntB8bJxml31j92u.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure><h3>Tips for a Successful Inspection</h3><p>If there are any issues that needs to be looked at, always talk to the real estate agent and your <a data-mce-href="https://www.mintlegal.com.au/contact-us" href="https://www.mintlegal.com.au/contact-us">solicitor</a>. Depending on the seriousness of the situation, your solicitor may potentially request the issue to be rectified and/or possibly ask for a reduction in the purchase price.</p><h2>Conclusion</h2><p>A pre-settlement inspection is a vital step in the property buying process in Queensland. It ensures that the property is in the agreed condition and ready for you to move in. By following this guide, you can approach your pre-settlement inspection with confidence and peace of mind.</p><p><br data-mce-bogus="1"></p><p><strong>For a checklist, see:</strong></p><p><a href="https://www.mintlegal.com.au/blog/your-complete-pre-settlement-inspection-checklist--essential-steps-to-protect-your-investment">https://www.mintlegal.com.au/blog/your-complete-pre-settlement-inspection-checklist--essential-steps-to-protect-your-investment</a><br data-mce-bogus="1"></p><p>For buyer risk:&nbsp;</p><p><a href="https://www.mintlegal.com.au/blog/buyer-risk-and-pre-settlement-inspection" data-mce-selected="inline-boundary">https://www.mintlegal.com.au/blog/buyer-risk-and-pre-settlement-inspection﻿</a></p><p><br data-mce-bogus="1"></p>

Understanding Pre-Settlement Inspections in Queensland: A Guide for Buyers

<h2>What is a Sunset Clause?</h2><p>A sunset clause is a provision in a property purchase agreement. It sets a specific date by which certain conditions must be met. If these conditions are not met by the set date, either party can terminate the agreement. This clause protects both buyers and sellers in property transactions.</p><p>In most cases, sunset clauses are used in off-the-plan property sales. These are properties that are sold before they are built. The clause ensures that the development is completed within a specified timeframe.</p><figure id="figure-l2wi3lq8mlx5cusfe"><img id="l2wi3lq8mlx5cusfe" src="https://images.unsplash.com/photo-1494548162494-384bba4ab999?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxMHx8c3Vuc2V0JTIwY2xhdXNlfGVufDB8fHx8MTcxNzgwNDk2M3ww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="sunset clause" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1494548162494-384bba4ab999?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxMHx8c3Vuc2V0JTIwY2xhdXNlfGVufDB8fHx8MTcxNzgwNDk2M3ww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><p>On the other hand, the seller is also protected. If the buyer cannot complete the purchase by the sunset date, the seller can cancel the contract. This allows the seller to find another buyer.</p><h3>Steps Involved in a Sunset Clause</h3><ol><li>Inclusion of the sunset clause in the contract.</li><li>Setting a specific date for the clause.</li><li>Monitoring the progress of the property development.</li><li>Exercising the clause if the conditions are not met.</li><li>If the buyer cannot meet the deadline, the seller can find another&nbsp; buyer. This helps in maintaining the cash flow and financial planning of the seller.<br></li></ol><figure id="figure-avqoh0iotlx5cuukj"><img id="avqoh0iotlx5cuukj" src="https://images.unsplash.com/photo-1469565686301-a0cf06bacf92?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxMXx8cHJvcGVydHklMjBjb250cmFjdHxlbnwwfHx8fDE3MTc4MDUxODh8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="property contract" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1469565686301-a0cf06bacf92?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxMXx8cHJvcGVydHklMjBjb250cmFjdHxlbnwwfHx8fDE3MTc4MDUxODh8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h2>Potential Risks</h2><p>While sunset clauses offer protection, they also come with risks. Buyers may face the risk of the property market changing. If the market value of the property increases, the buyer might lose out on potential gains. Conversely, if the market value decreases, the buyer might benefit.</p><p>Sellers also face risks. If they cannot complete the property on time, they may need to refund the deposits. This can impact their cash flow and project timelines.</p><blockquote><h2><em><strong>UPDATE</strong></em>:</h2><p>This has now changed since the introduction of <a data-mce-href="https://www.mintlegal.com.au/blog/new-protections-for-buyers-in-off-the-plan-land-sales--understanding-sunset-clause-cancellations-in-queensland" href="https://www.mintlegal.com.au/blog/new-protections-for-buyers-in-off-the-plan-land-sales--understanding-sunset-clause-cancellations-in-queensland">new laws</a> came into force on <strong>22 November 2023</strong> and apply to all new off the plan land sales contracts and also retrospectively to all existing off the plan land sale contracts not yet settled.&nbsp;</p></blockquote><figure id="figure-wgj4p2chclx5cux6k"><img id="wgj4p2chclx5cux6k" src="https://images.unsplash.com/photo-1606503153255-59d8b8b82176?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyNHx8cHJvcGVydHklMjByaXNrc3xlbnwwfHx8fDE3MTc4MDUxOTF8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="property risks" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1606503153255-59d8b8b82176?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyNHx8cHJvcGVydHklMjByaXNrc3xlbnwwfHx8fDE3MTc4MDUxOTF8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure>

Understanding Sunset Clauses in Property Purchase Agreements

<p>In Queensland, new protections have been introduced for buyers in off-the-plan land sales. These changes focus on sunset clause cancellations, aiming to offer more security to buyers. Understanding these changes is crucial for anyone considering such a purchase.</p><h2>What is a Sunset Clause?</h2><p>A sunset clause sets a deadline for the completion of a property. If the developer does not finish the project by this date, either party can cancel the contract. This clause is common in off-the-plan contracts.</p><p>However, developers have sometimes used sunset clauses to cancel contracts when property values increase. This practice leaves buyers at a disadvantage.</p><figure id="figure-qady3rm8molx5cq16p"><img id="qady3rm8molx5cq16p" src="https://images.unsplash.com/photo-1520038569969-98da7959fcbd?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxNHx8c3Vuc2V0JTIwY2xhdXNlfGVufDB8fHx8MTcxNzgwNDk2M3ww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="sunset clause" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1520038569969-98da7959fcbd?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxNHx8c3Vuc2V0JTIwY2xhdXNlfGVufDB8fHx8MTcxNzgwNDk2M3ww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h2>New Protections for Buyers</h2><p>Recent changes under a sunset clause.</p><p>If the buyer does not agree, the developer must obtain approval from the Supreme Court of Queensland. This process ensures that cancellations are fair and justified.</p><h3>Steps a Developer Must Follow</h3><ol><li>Notify the buyer of the intention to cancel the contract.</li><li>Seek the buyer's consent for the cancellation.</li><li>If the buyer does not consent, apply to the Supreme Court for approval.</li></ol><figure id="figure-ru7yixgrclx5cq5rw"><img id="ru7yixgrclx5cq5rw" src="https://images.unsplash.com/photo-1454165804606-c3d57bc86b40?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxfHxsZWdhbCUyMHByb2Nlc3N8ZW58MHx8fHwxNzE3ODA0OTY5fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="legal process" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1454165804606-c3d57bc86b40?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxfHxsZWdhbCUyMHByb2Nlc3N8ZW58MHx8fHwxNzE3ODA0OTY5fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><p>For buyers, it is crucial to understand their rights and the steps developers must take. Consulting with a legal professional can provide further clarity and peace of mind.</p><h3>Consulting a Legal Professional</h3><p>If you are considering an off-the-plan purchase, it is wise to <a data-mce-href="https://www.mintlegal.com.au/contact-us" href="https://www.mintlegal.com.au/contact-us">consult </a>a lawyer. A legal professional can help you understand the contract terms and ensure your interests are protected.</p><p>At our law firm in Camp Hill, Brisbane, we specialize in property law. Our team can guide you through the complexities of off-the-plan contracts and sunset clauses.</p><figure id="figure-n1dy219tbklx5cq8zz"><img id="n1dy219tbklx5cq8zz" src="https://images.unsplash.com/photo-1573496782646-e8d943a4bdd1?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyMXx8bGVnYWwlMjBhZHZpY2V8ZW58MHx8fHwxNzE3ODA0Nzk4fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="legal advice" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1573496782646-e8d943a4bdd1?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyMXx8bGVnYWwlMjBhZHZpY2V8ZW58MHx8fHwxNzE3ODA0Nzk4fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><h2>Conclusion</h2><p>Thanks to the new legislation, buyers can make more informed decisions and safeguard their investments. If you need assistance, our experienced team is here to help.</p>

New Protections for Buyers in Off-the-Plan Land Sales: Understanding Sunset Clause Cancellations in Queensland

<p>When planning property transactions in Queensland, it is important to consider public holidays. These holidays can affect timelines and availability of services. Knowing these dates in advance can help you avoid delays and ensure a smooth process.</p><h2>Why Public Holidays Matter</h2><p>Public holidays can impact various aspects of property transactions. Government offices, banks, and other essential services may be closed. This can delay the processing of documents and payments. Being aware of these dates helps you plan better.</p><p>Additionally, property inspections and meetings with legal professionals may need to be rescheduled. This can cause inconvenience and extend the time needed to complete a transaction.</p><figure id="figure-57vlma86alx1q2lx9"><img id="57vlma86alx1q2lx9" src="https://images.unsplash.com/photo-1606482558851-23ff4453d66f?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHw1fHxjYWxlbmRhciUyMGRhdGVzfGVufDB8fHx8MTcxNzU4NTUyMHww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="calendar dates" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1606482558851-23ff4453d66f?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHw1fHxjYWxlbmRhciUyMGRhdGVzfGVufDB8fHx8MTcxNzU4NTUyMHww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><p><br></p><ul><li><strong>Australia Day:</strong> Friday, 26 January</li><li><strong>Good Friday:</strong> Friday, 29 March</li><li><strong>Easter Monday:</strong> Monday, 1 April</li><li><strong>Anzac Day:</strong> Thursday, 25 April</li><li><strong>Labour Day:</strong> Monday, 6 May</li><li><strong>Queen's Birthday:</strong> Monday, 7 October</li><li><strong>Christmas Day:</strong> Wednesday, 25 December</li><li><strong>Boxing Day:</strong> Thursday, 26 December</li></ul><h3>Local Holidays</h3><p>In addition to these state-wide holidays, some regions have local holidays. For example, Brisbane has the Ekka Public Holiday, which falls on Wednesday, 14 August. Check the local holidays in your area to avoid any surprises.</p><figure id="figure-15px4jdv0wfnlx1q2qh2"><img id="15px4jdv0wfnlx1q2qh2" src="https://images.unsplash.com/photo-1645125631363-01b5ea443de6?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxfHxsb2NhbCUyMGZlc3RpdmFsfGVufDB8fHx8MTcxNzU4NTUyNnww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="local festival" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1645125631363-01b5ea443de6?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxfHxsb2NhbCUyMGZlc3RpdmFsfGVufDB8fHx8MTcxNzU4NTUyNnww&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><p>This ensures that all parties involved are available and can proceed without interruptions.</p><p>If you need to make payments, consider doing so a few days before a public holiday. This helps avoid any banking delays and ensures your transaction moves forward smoothly.</p><h3>Legal Assistance</h3><p>Our law firm can help you navigate property transactions around public holidays. We provide guidance to ensure you meet all deadlines and avoid any potential issues.<a data-mce-href="https://www.mintlegal.com.au/contact-us" href="https://www.mintlegal.com.au/contact-us"> Contact us</a> to discuss your needs and how we can assist you.</p><figure id="figure-gi9xh4znpalx1q2tad"><img id="gi9xh4znpalx1q2tad" src="https://images.unsplash.com/photo-1479142506502-19b3a3b7ff33?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyNnx8bGVnYWwlMjBhZHZpY2V8ZW58MHx8fHwxNzE3NTg1NTI5fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="legal advice" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9;" data-mce-src="https://images.unsplash.com/photo-1479142506502-19b3a3b7ff33?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwyNnx8bGVnYWwlMjBhZHZpY2V8ZW58MHx8fHwxNzE3NTg1NTI5fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9;"></figure><p>For your peace of mind, plan accordingly to achieve your property goals without unnecessary stress.</p>

2024 Queensland Public Holidays to Know Before Entering Property Transactions

white and black house near green trees and body of water during daytime

<p>Dealing with the passing of a registered proprietor in Queensland can be a challenging time. It involves several legal steps to ensure the property is managed</p><p>When a registered proprietor in Queensland passes away, the process of transferring property can be complex. Understanding the steps involved is crucial for a smooth transition. This guide will help you navigate through the necessary actions and legal requirements.</p><h3>Understanding the Role of the Executor</h3><p>The first step after the death of a registered proprietor is the identification of the executor. The executor, named in the will, is responsible for administering the deceased’s estate. This includes managing and distributing assets according to the will.</p><figure id="figure-oo81ug47jmlx2k4hrl"><img id="oo81ug47jmlx2k4hrl" src="https://images.unsplash.com/photo-1562564055-71e051d33c19?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxM3x8bGF3JTIwY29uc3VsdGFudHxlbnwwfHx8fDE3MTA4MDM5MDN8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="woman signing on white printer paper beside woman about to touch the documents" title="woman signing on white printer paper beside woman about to touch the documents" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://images.unsplash.com/photo-1562564055-71e051d33c19?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxM3x8bGF3JTIwY29uc3VsdGFudHxlbnwwfHx8fDE3MTA4MDM5MDN8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure><h3>Probate and Letters of Administration</h3><p>To legally handle the deceased’s estate, the executor must obtain a Grant of Probate from the Supreme Court of Queensland. Probate is a legal document confirming the executor’s authority. If there is no will, an application for Letters of Administration is required, appointing an administrator to manage the estate.</p><figure id="figure-k9dgrjag6lx2k55di"><img id="k9dgrjag6lx2k55di" src="https://images.unsplash.com/photo-1664463760781-f159dfe3af30?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwzfHxjb250cmFjdCUyMHJldmlld3xlbnwwfHx8fDE3MTA4MDM5NDl8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="a woman showing a man something on a tablet" title="a woman showing a man something on a tablet" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://images.unsplash.com/photo-1664463760781-f159dfe3af30?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwzfHxjb250cmFjdCUyMHJldmlld3xlbnwwfHx8fDE3MTA4MDM5NDl8MA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure><h3>Notifying Relevant Authorities</h3><p>Once probate or letters of administration are obtained, it’s crucial to notify relevant authorities about the death. This includes banks, insurance companies, and government agencies. Additionally, the Department of Natural Resources, Mines and Energy (DNRME) must be informed to update property records.</p><h3>Transferring Property Ownership</h3><p>Transferring property ownership is a significant part of the executor’s duties. This process involves several steps:</p><p><strong>Lodging Forms:</strong> The executor must lodge the necessary forms with the Titles Registry. This includes Form 5 – Transmission Application by Personal Representative, and a copy of the Grant of Probate or Letters of Administration.<br><strong>Stamp Duty: </strong>While transferring property due to death is generally exempt from stamp duty, it’s essential to confirm this with the Office of State Revenue.<br><strong>Updating Records:</strong> Ensure that all property records are updated to reflect the new ownership. This step is critical to avoid future legal complications.</p><h3>Handling Mortgages and Liabilities</h3><p><br>If the deceased had any outstanding mortgages or liabilities, the executor must address these. Contact the mortgage provider to discuss the repayment or transfer options. Ensure all debts are settled from the estate before distributing the remaining assets to beneficiaries.</p><figure id="figure-k69m7ue98lx2k5j0j"><img id="k69m7ue98lx2k5j0j" src="https://images.unsplash.com/photo-1559067341-04a52c7d06d2?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxMXx8bW9ydGdhZ2V8ZW58MHx8fHwxNzE3NjM2MDY3fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" alt="housing loan blocks on brown wooden surface" title="housing loan blocks on brown wooden surface" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://images.unsplash.com/photo-1559067341-04a52c7d06d2?crop=entropy&amp;cs=tinysrgb&amp;fit=max&amp;fm=jpg&amp;ixid=M3wyNjI5NjF8MHwxfHNlYXJjaHwxMXx8bW9ydGdhZ2V8ZW58MHx8fHwxNzE3NjM2MDY3fDA&amp;ixlib=rb-4.0.3&amp;q=80&amp;w=1080" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure><h3>Distributing the Estate</h3><p><br>After all debts and liabilities are settled, the executor can distribute the remaining assets according to the will. If there is no will, distribution follows the rules of intestacy. It’s advisable to keep detailed records of all transactions and distributions.</p><h3>Dealing with Disputes</h3><p>Estate disputes can arise, often causing delays and complications. Common disputes include challenges to the will’s validity or disagreements among beneficiaries. It’s wise to seek legal advice to resolve these issues promptly and amicably.</p><h3>Seeking Professional Assistance</h3><p>Managing an estate can be overwhelming. Executors may benefit from <a data-mce-href="https://www.mintlegal.com.au/contact-us" href="https://www.mintlegal.com.au/contact-us" data-mce-selected="inline-boundary">professional assistance</a>, such as hiring a solicitor or a probate specialist. These professionals can provide invaluable guidance and ensure compliance with legal requirements.</p><h3>Conclusion</h3><p>Handling the estate of a deceased registered proprietor in Queensland involves multiple steps and legal procedures. Executors must act diligently and seek professional help when necessary to ensure a smooth and lawful transition of property. By following this comprehensive guide, you can navigate the complexities of estate administration with confidence and precision.<br>&nbsp;</p>

What to Do When a Registered Proprietor in Queensland Passes Away

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