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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 […]

All Conveyancing News

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 […]
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 […]
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