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@lexonqldalerts

Risk Alerts for firms insured by Lexon Insurance Pte Ltd ARBN 098964740, Incorporated in Singapore Reg No: 200104171C. PLEASE NOTE we cannot respond to queries.

ID: 240051871

linkhttp://www.lexoninsurance.com.au calendar_today19-01-2011 01:48:46

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Another Lexon Property Law Tip: If something wasn’t right with the Seller Disclosure, then the Buyer can immediately exercise their rights - right? Not always. Check what else was made available to the Buyer (marketing materials, data room documents etc) and what the Buyer

Another Lexon Property Law Tip:

If something wasn’t right with the Seller Disclosure, then the Buyer can immediately exercise their rights - right? Not always. 

Check what else was made available to the Buyer (marketing materials, data room documents etc) and what the Buyer
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Another Lexon Property Law tip: There will be some new requirements as part of the Seller Disclosure process, including disclosing the relevant “zoning” for the property. This can be tricky. You should present the available searches and investigation options to your client,

Another Lexon Property Law tip:

There will be some new requirements as part of the Seller Disclosure process, including disclosing the relevant “zoning” for the property. This can be tricky. 

You should present the available searches and investigation options to your client,
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Lexon released a new risk alert on 18 July 2025:  Lexon announces a Property Law Act Hotline for insured practices; PLA23 training resources available to help practices prepare for PLA23 before 1 August; and guidance on whether a practice can "just prepare Disclosure" and not be

Lexon released a new risk alert on 18 July 2025:  Lexon announces a Property Law Act Hotline for insured practices; PLA23 training resources available to help practices prepare for PLA23 before 1 August; and guidance on whether a practice can "just prepare Disclosure" and not be
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Another Lexon Property Law Tip: Seller Disclosure is coming! Don’t panic. Although the Property Law Act 2023 (Qld) centralises some Seller Disclosure requirements, most of the enquiries and searches it requires are similar to those that a prudent seller should already be

Another Lexon Property Law Tip:

Seller Disclosure is coming! Don’t panic. Although the Property Law Act 2023 (Qld) centralises some Seller Disclosure requirements, most of the enquiries and searches it requires are similar to those that a prudent seller should already be
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Another Lexon Property Tip: Did you know that when acting in a conveyance, even if the purchase price of a property is over $10million, Seller Disclosure may still need to be given…unless the Buyer gives notice to the Seller waiving compliance before the Buyer signs the

Another Lexon Property Tip:  

Did you know that when acting in a conveyance, even if the purchase price of a property is over $10million, Seller Disclosure may still need to be given…unless the Buyer gives notice to the Seller waiving compliance before the Buyer signs the
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Another Lexon Property Law Tip: Seller Disclosure under the Property Law Act 2023 (Qld) and the new QLS REIQ Contracts (for use from 1 August 2025) require more than just conducting searches. Practitioners will need to ask the Seller a range of questions to ensure proper

Another Lexon Property Law Tip:

Seller Disclosure under the Property Law Act 2023 (Qld) and the new QLS REIQ Contracts (for use from 1 August 2025) require more than just conducting searches. 

Practitioners will need to ask the Seller a range of questions to ensure proper
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The QLS REIQ Contracts that have now been released include changes to the previously released consultation versions including an important change relating to swimming pools. If your Seller client is selling a property with a pool and they have given the Buyer a Pool Safety

The QLS REIQ Contracts that have now been released include changes to the previously released consultation versions including an important change relating to swimming pools.  

If your Seller client is selling a property with a pool and they have given the Buyer a Pool Safety
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When acting in a conveyance, the new REIQ QLS Contracts (for use from 1 August 2025) no longer have an item in the reference schedule for “Place for Settlement” to be completed. “Place for Settlement” is now defined in both the QLS REIQ Contract (for use from 1 August 2025)

When acting in a conveyance, the new REIQ QLS Contracts (for use from 1 August 2025) no longer have an item in the reference schedule for “Place for Settlement” to be completed.  

“Place for Settlement” is now defined in both the QLS REIQ Contract (for use from 1 August 2025)
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Another Lexon Property Law Tip: When acting in a conveyance, not all issues with Seller Disclosure will give the Buyer a right to terminate. Use the Advice to Client – Termination Issues letter, as part of the full Conveyancing Protocol, to make sure the Buyer actually has a

Another Lexon Property Law Tip:

When acting in a conveyance, not all issues with Seller Disclosure will give the Buyer a right to terminate. 

Use the Advice to Client – Termination Issues letter, as part of the full Conveyancing Protocol, to make sure the Buyer actually has a
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Another Lexon Property Law Tip: If you do Seller Disclosure on an Option Agreement, you don’t have to do it again when the option is exercised? Right? Maybe. Watch out for nominee clauses, where the Buyer in the Contract is not the same entity that was a party to the Option

Another Lexon Property Law Tip:

If you do Seller Disclosure on an Option Agreement, you don’t have to do it again when the option is exercised? Right? Maybe. 

Watch out for nominee clauses, where the Buyer in the Contract is not the same entity that was a party to the Option
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Another Lexon Property Law Tip: Do you act in leasing matters? Watch out for the Property Law Act 2023 (Qld) changes that significantly impact a number of key leasing issues, such as the implied terms, liability on assignment of a lease, and lessor consent requirements.

Another Lexon Property Law Tip:

Do you act in leasing matters? 

Watch out for the Property Law Act 2023 (Qld) changes that significantly impact a number of key leasing issues, such as the implied terms, liability on assignment of a lease, and lessor consent requirements.
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Lexon released a risk alert on 10 September 2025: Take 2 minutes to check - Have you been working on a task for too long? How long is too long?; Cyber Risks continue – check your controls. Book a Cyber Risk Workshop to discuss the issues that give rise to cyber events; Updated

Lexon released a risk alert on 10 September 2025: Take 2 minutes to check - Have you been working on a task for too long? How long is too long?; Cyber Risks continue – check your controls. Book a Cyber Risk Workshop to discuss the issues that give rise to cyber events; Updated
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Lexon risk alert 24 October 2025: Common questions regarding the Property Law Act 2023 (Qld) including FAQs on Form 2; Updated Manufactured Homes tools with the latest changes to the Manufactured Homes (Residential Parks) Amendment Act 2024 (Qld) commencing 6 December 2025;

Lexon risk alert 24 October 2025: Common questions regarding the Property Law Act 2023 (Qld) including FAQs on Form 2; Updated Manufactured Homes tools with the latest changes to the Manufactured Homes (Residential Parks) Amendment Act 2024 (Qld) commencing 6 December 2025;
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Lexon Risk Alert 17 December 2025: ACCC Merger Control Regime - 1 January 2026 - Updates to Business Sale Pack, Commercial Transactions Pack, Leasing Risk Packs and Conveyancing Protocol. Failure to notify ACCC when required can result in penalties and acquisitions being stayed; pic.x.com/LCTIgJif6U

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If your practice might be affected by the upcoming extreme weather event, download Lexon's "Extreme Events – Law Practice Disruption Guide" available on our Other Resources page. See lexoninsurance.com.au/checklists/gen…

If your practice might be affected by the upcoming extreme weather event, download Lexon's "Extreme Events – Law Practice Disruption Guide" available on our Other Resources page. 

See lexoninsurance.com.au/checklists/gen…
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This new year – thinking about your career options? Want to increase your influence in the legal profession? Want to work in a role that is completely different yet draws on your legal and communication skills? See more details here: seek.com.au/job/90082950and

This new year – thinking about your career options? Want to increase your influence in the legal profession? Want to work in a role that is completely different yet draws on your legal and communication skills? 
 
See more details here: seek.com.au/job/90082950and
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Enjoy being at the cutting edge of legal issues? Like to share latest research with the legal profession? Prefer to be out and about where every day is different? Engaging, proactive, organised, analytical, tell good stories? This role might be for you: seek.com.au/job/90082950

Enjoy being at the cutting edge of legal issues? Like to share latest research with the legal profession? Prefer to be out and about where every day is different? Engaging, proactive, organised, analytical, tell good stories? This role might be for you: 

seek.com.au/job/90082950
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If you like: strategic thinking, solving challenges, managing workflow processes, fine detail and the idea of your work affecting the legal profession then this is the role for you: seek.com.au/job/90082834

If you like: strategic thinking, solving challenges, managing workflow processes, fine detail and the idea of your work affecting the legal profession then this is the role for you:

seek.com.au/job/90082834