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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 […]

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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 […]
June 7, 2019

The top 7 things to be careful of when selling a house

Not all of these issues apply to all types of sales.  However, failure to disclose any of them if applicable in your Section 32 Vendor’s Statement […]
May 6, 2019

The top 7 things to beware of when buying a house

Not all of these warnings apply to all types of purchases: The proposed Contract contains Special Conditions that are oppressive to your interests. Special Conditions add […]
April 8, 2019

What’s the difference between a mortgage and a loan?

A mortgage occurs when a property is offered by its owner to a lender (usually a bank) as security for a loan. The owners of the […]
March 21, 2019

Electronic Lodgement from 1 October 2018

It has been a Registrar’s Requirement to lodge almost all Transfer dealings at Land Use Victoria using an electronic settlement system since 1 October 2018. That […]
February 21, 2018

Electronic lodgement from 1 March 2018

It has been a Registrar’s Requirement to lodge standalone Caveat and Withdrawal of Caveat dealings at Land Use Victoria using the PEXA electronic settlement platform since […]
May 25, 2017

Update to the Foreign Resident Capital Gain Withholding Tax

If you’ve sold a property on or after 1 July 2017 for $750,000 or more, you will be liable to have 12.5% of your sale proceeds […]