March 2, 2020

What happens after you sell?

If you’ve sold your property and your contract has become unconditional, the following things occur: Your conveyancer advises the purchaser’s conveyancer if the sale is subject […]
February 9, 2020

1000 electronic settlements and counting

Glenferrie Conveyancing Pty Ltd was the first firm in Australia to be registered as a practitioner subscriber of the PEXA electronic settlement platform, and we conducted […]
January 7, 2020

What are material facts?

Section 12(d) of the Sale of Land Act 1962 has been amended with effect from 1 March 2020 so that a seller who knowingly conceals any […]
December 4, 2019

What is GST withholding?

If you’ve bought a new residential property since 1 July 2018, or one that that has been substantially renovated, then GST usually forms part of the […]
November 2, 2019

What happens at (electronic) settlement?

At settlement the parties to the Contract (the buyer and seller) fulfill their obligations. The buyer and/or their lender (the Incoming Mortgagee) provides the balance of […]
October 9, 2019

Are you a first home buyer?

The Duties Act regards you as a first home buyer if: You have never owned a residential property in Australia, or you have purchased a residential […]
September 3, 2019

Buying a property off the plan

If you buy a house, apartment, unit or vacant block of land off a Plan of Subdivision that has not been registered, then you are buying […]
August 3, 2019

What is a Section 27?

The deposit paid by the purchaser under a contract will generally remain in trust until settlement, when it is then released to the vendor. However, sometimes […]
July 2, 2019

What is a Section 32?

Section 32 of the Sale of Land Act 1962 (Vic) prescribes that a vendor must give a signed statement to the purchaser before the purchaser signs […]
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