News

WHAT ARE SETTLEMENT ADJUSTMENTS?

The question of ‘what are settlement adjustments’ is often asked by clients who are buying and selling property. The question arises when a settlement statement has been sent to them and they do not understand what they are or how they are calculated. Settlement adjustments apply to government departments such as the Local Council, SA…

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7 PROFESSIONALS TO CALL WHEN PURCHASING A BUSINESS

It doesn’t matter who you are, where you live and what you do as you will all need the same professionals to talk to when buying a business. Therefore it is important to have the right networks to gain the best advice. When it comes to owning in business you will find that all successful…

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BUYING A STRATA OR COMMUNITY TITLE PROPERTY – WHAT IS THE DIFFERENCE

Purchasers regularly asked the question “What is the difference between a Community Title and Strata Title”.  Here are the comparisons that should assist with this query. Strata Title Prior to 1996 properties that were divided into units were set up as Strata Title. A unit in a Strata Plan is defined by the structural sections…

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CAVEAT EMPTOR (BUYER BEWARE) – 5 TIPS WHEN PURCHASING PROPERTY

Caveat Emptor – What does this mean? Have you heard the term Caveat Emptor? It is a Latin term that means “let the buyer beware” or in South Australia usually phrased “Buyer Beware”. When buying real estate it means the buyer assumes the risk that the property may not be what they expected or may…

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E-CONVEYANCING – PEXA – A REVIEW

Have you bought a property that was settled using Electronic Conveyancing (e-conveyancing). This system of transferring real property has been in place for some time now and the fundamental changes are starting to take effect. These changes not only affect how practitioners such as conveyancers and solicitors carry out transactions on their clients’ behalf but…

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