November 1, 2020
What do you have to arrange when you move?
After the contract for the purchase of your home has been settled: Your conveyancer will send a Notice of Acquisition to the authorities whose charges are […]
All Conveyancing News
How do you make changes to an auction contract?
For a property being auctioned, you should write to the Agent before the auction asking if their client/s would accept bids from you at the auction […]
What do you have to arrange when you move?
After the contract for the purchase of your home has been settled: Your conveyancer will send a Notice of Acquisition to the authorities whose charges are […]
What’s the problem with paper Certificates of Title?
Many people who own land without a mortgage hold their paper Certificate of Title. Particularly, the older parchment ones are quite beautiful. However, there is a […]
What does a seller have to declare on their Stamp Duty Form?
Sellers don’t have to pay Stamp Duty when they sell land, but they do have to declare information about the land that they’re selling on their […]
We are still conveyancing during Melbourne’s stage 4 lockdown
We continue to deal with the challenges of the coronavirus pandemic: We have been working from home since 2012, and are continuing to do so. Our […]
Our fees remain unchanged in 2020-21
We are dealing with the challenges of the coronavirus pandemic: We did not increase our fees in 2019-2020, and we have not increased them again for […]
What happens if a property owner dies?
If the property was jointly owned with a surviving proprietor, then ownership of the property can be transferred to the surviving owner by means of a […]We are still conveyancing
We are dealing with the challenges of the coronavirus pandemic: We have been working from home since 2012, and are continuing to do so. Our substantial […]
What are the obligations of a buyer?
If you’ve bought a property, you (and your conveyancer) have the following obligations: Pay the deposit in full by its due date, usually to the selling […]
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 […]
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 […]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 […]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 […]
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 […]
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 […]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 […]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 […]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 […]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 […]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 […]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 […]
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 […]
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 […]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 […]The 4 major banks and electronic Certificates of Title
On 23 October 2016, every Victorian paper Certificate of Title that was first mortgaged on that day to one of the four major banks (i.e. ANZ, […]What is partition?
If you are a part owner of two lots in a subdivision, both in joint ownership with another party, you may be able to utilise the […]Foreign Resident Capital Gain Withholding Tax
If you’ve sold a property on or after 1 July 2016 for $2 million or more, you will be liable to have 10% of your sale […]Glenferrie Conveyancing leads the state in electronic settlements
As at 23 August 2016, Glenferrie Conveyancing Pty Ltd has conducted more PEXA electronic settlements during 2016 than any other practitioner (conveyancer or legal practice) in […]Obtaining a certified copy of your Power of Attorney
If you have been appointed as the Attorney for another person or a company (“the appointor”), and you wish to execute a dealing on the title […]How electronic settlement saves you money
During 2016-17, the cost for an electronic settlement is $107.80, or $122.98 if there’s more than one title involved. Glenferrie Conveyancing will absorb half of this […]What’s new in 2016-2017?
For all contracts entered into from 1 July 2016, the additional stamp duty that is payable on the purchase of a residential property within Victoria by […]Lost Certificate of Title
In order to settle the sale of your property, you or your mortgagee must provide the original Certificate of Title for the property at settlement. Your […]
Verification of Identity
Since November 2015, it’s been a Land Victoria requirement that any person who’s buying or selling property has to have their identity verified. This includes the […]Information for buyers – money and settlement
If you’re buying a property, at settlement you are obligated to pay the seller the adjusted settlement price. For settlements that are not conducted electronically, this […]Progress with Electronic Settlement
As of the date of this posting, Glenferrie Conveyancing Pty Ltd has conducted 9 settlements for its clients using the PEXA electronic settlement platform – 6 […]Your Wish is Granted – Help for First Home Owners
If you’ve been looking to buy your first home in Victoria you might be thinking that you’re facing an uphill battle. Between finding that first home […]Successful Selling – Contractual Obligations When Selling Property in Victoria
If you’re ready to sell your family home, your investment property or even a holiday house, there are a range of things you have to consider. […]
Your Roadmap for Buying Property in Victoria
View full size View full size Transcript: Before You Buy. If you would like Glenferrie Conveyancing Pty Ltd to review your proposed Contract and Vendor’s Statement […]
The Essential Steps to Land Subdivision in Victoria
If you want to secure your finances and protect your family’s future you might have thought about investing in properties and why not? Property investment is […]Everything You Need to Know about Stamp Duty as a Foreign Buyer
There are plenty of costs involved in buying a property but there are also plenty of good reasons to take the plunge. Buying property can mean […]Understanding Special Conditions – Common Contract Traps for Property Buyers
When it comes to making the right purchase, modern day consumers are savvy. We don’t just look at a car’s shiny paint job or its great […]
December 2, 2020
For a property being auctioned, you should write to the Agent before the auction asking if their client/s would accept bids from you at the auction […]
November 1, 2020
After the contract for the purchase of your home has been settled: Your conveyancer will send a Notice of Acquisition to the authorities whose charges are […]
September 30, 2020
Many people who own land without a mortgage hold their paper Certificate of Title. Particularly, the older parchment ones are quite beautiful. However, there is a […]
September 2, 2020
Sellers don’t have to pay Stamp Duty when they sell land, but they do have to declare information about the land that they’re selling on their […]
August 3, 2020
We continue to deal with the challenges of the coronavirus pandemic: We have been working from home since 2012, and are continuing to do so. Our […]
July 3, 2020
We are dealing with the challenges of the coronavirus pandemic: We did not increase our fees in 2019-2020, and we have not increased them again for […]
June 2, 2020
If the property was jointly owned with a surviving proprietor, then ownership of the property can be transferred to the surviving owner by means of a […]
May 6, 2020
We are dealing with the challenges of the coronavirus pandemic: We have been working from home since 2012, and are continuing to do so. Our substantial […]
April 7, 2020
If you’ve bought a property, you (and your conveyancer) have the following obligations: Pay the deposit in full by its due date, usually to the selling […]