News

WHAT IS A CERTIFIED PRACTISING CONVEYANCER (CPC)?

The title of Certified Practising Conveyancer (CPC) is awarded to conveyancers who annually meet the standards set by each Division of the Australian Institute of Conveyancers (AIC) to maintain best practice and shows that they strive to grow and develop their knowledge by attending professional development courses each year. It is a sign of excellence and…

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WHAT IS TITLE INSURANCE?

Title insurance is a specialty insurance policy that protects the legal ownership of your property and can cover you for costs arising from risks you do not know about or are not disclosed by the Vendor as part of the normal conveyancing procedure. They are matters or events that come to light after settlement has taken place…

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PROPERTY AND NEW GST COMPLIANCE LAWS

ARE YOU BUYING AN APARTMENT, A NEW BUILDING OR SUBDIVIDED LAND? From 1st July 2018 it will be your obligation as the Purchaser to pay the GST component of the purchase price directly to the ATO instead of the Vendor (referred to as “Supplier” in the ATO Guidelines). This obligation applies to property that is…

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FAMILY / MATRIMONIAL TRANSFER & OTHER PROPERTY TITLE AMENDMENTS

Life is forever changing for all of us and sometimes the impact of these changes is beyond what we can see in front of us. Such changes can be something positive like marriage or beginning a same sex de facto relationship or conversely it could be a death in the family. Either way these situations…

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SIMULTANEOUS SETTLEMENTS

Sometimes practical or financial circumstances dictate that a sale and purchase settlement is to be completed on the same day.  Your conveyancers will coordinate the settlements but can also identify some important points for you to consider. THE CONTRACTS It is advisable that the purchase contract is signed subject to the settlement of the property…

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