Settlement FAQs
1. What is a settlement statement? The settlement statement sets out who pays what in relation to the property, so that a final amount called the settlement balance, is …
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ONLINE SECURITY – HOW TO PREVENT BEING SCAMMED IN REAL ESTATE TRANSACTIONS
It is regularly reported in the media that scammers target real estate transactions due to the large sums of money transferred in real estate transactions. Victims of these …
I found the perfect property, what do I do now?
Familiar territory…. a property lawyer finding the perfect home. That one property amongst endless daily scrolls on real estate apps that makes you say ‘ this is it!’, ‘ I …
Flooded property under contract – what are your rights in New South Wales?
Further to our recent blog on the Queensland floods , many New South Wales residents are also having to deal with significant damage caused by the recent floods and home …
Flooded property under contract – what are your rights?
Many Queenslanders will once again have to deal with the tragic outcomes of the floods and many will be wondering what to do when they’re in the process of buying or selling …
Property Co-ownership Explained – Your first step on the property ladder.
The situation We can all agree that this is one of the hardest times to be a first home buyer looking to grab the first rung on the property ladder. After all, with the …
Helping our partners adapt to business in a COVID world
Ongoing lockdowns, uncertainty and an increasingly fast-paced property market have been just a few of the hallmarks of COVID-19’s impact on the Australian property industry. …
Latest news on electronic signing of documents by companies during COVID-19 lockdowns
The federal government has passed temporary legislation to allow companies to: • execute documents electronically; • hold meetings remotely and digitally; and • keep …
No more paper certificates of title in NSW - land titles system to be 100% electronic
The Registrar General of NSW has declared that 11 October 2021 is the day on which all certificates of title will be abolished, known as ‘cessation day’. This welcome change …
New stamp duty savings in the ACT
There has been a major change to stamp duty (also known as conveyance duty) for off the plan purchases of apartments and townhouses in the ACT. An off the plan purchase is …