What’s the problem with paper Certificates of Title?
September 30, 2020How do you make changes to an auction contract?
December 2, 2020After 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 imposed on whoever is the current owner of the land:
- Council,
- the Water Authority and
- the Owners Corporation manager (if applicable).
- The Land Tax department of the State Revenue Office also receives a copy of this Notice.
This means that you don’t have to worry about informing these authorities that you are the new owner, and these authorities will automatically send you their next invoice.
On the other hand, if you’ve sold your home, and you receive any further notices or invoices from any of these authorities, you should immediately pass them on to your conveyancer. They will:
- Forward the notice or invoice to the purchaser’s lawyer or conveyancer, advising them that the purchaser/new owner is responsible for the debt.
- Send a Notice of Disposition to the relevant authority.
However, please note that as the buyer or seller, you will have to separately arrange for the connection or disconnection of utility services that are personal contracts with the provider of your choice, such as:
- Electricity
- Gas
- Telephone and/or internet
You should arrange the connection or disconnection of these services with each relevant provider about 5 days prior to settlement, to occur on the day of settlement.
If you need a professional conveyancer in Melbourne, contact Glenferrie Conveyancing at Northcote area on 03 9815 2351 for more information.