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CONVEYANCING BLOG: LATEST POSTS

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  • 08/02/2016 in BLOG

    Reserve Bank of Australia Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016

    Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50 per cent. This result was widely predicted with many experts tipping the RBA would lower the rate to provide some stimulus for the economy following last week's...
  • 07/27/2016 in BLOG

    Selling your property at auction? Here are some simple strategies that can help you achieve better results.

    Have you decided to selling your property at auction? Here are some simple strategies that may help you get a better result. Fix up the property From cleaning the gutters (in case there is rainfall during inspections or around the time of auction) to fixing minor issues such broken lights or...
  • 04/15/2015 in BLOG

    Strata property: Important facts

    A strata scheme is a system of multiple ownerships in a strata community or in other words every unit owner owns a portion of the strata community. Strata schemes can be though of as small communities. In a shared environment it is important to understand your privilages, obligations and...
  • 06/25/2014 in BLOG

    What is land tax?

    Land tax is a tax that is applied to the value of any property you own or jointly own which is more than the land tax threshold as at midnight on 31 December of every year and is not applicable to your home or your principal place of residence. Office of State Revenue website has several useful...
  • 06/02/2014 in BLOG

    Home owners warranty changes

    In NSW on, 6th May 2014, there was a announcement in regards to the removal of Home Owners Warranty obligations for owner builders. In other words owner built homes will be sold with no home owners warranty protection for the new purchaser. This decision will significantly impact the viability of...
  • 05/16/2014 in BLOG

    Purchasing investment property - your rights & responsibilities as a landlord

    Are you purchasing investment property?It's important to understand what your obligations are in relation to the existing tenancy agreement. Along with benefits of buying a tenanted property, there are responsibilities and potential downside. Remember that upon buying a property with existing...
  • 03/20/2013 in BLOG

    Swimming pool compliance and registration: what do I need to do?

    Do you have a pool on our property? Do you know that there have been changes to requirements in registration and compliance of pools? You are required to register your pool and starting 29 April 2015 the pool will have to be compliant before you sell or rent your property. You are required to...
  • 03/20/2013 in BLOG

    Stamp duty implications

    Stamp Duty or Transfer Duty is a revenue levied by State on sale of real estate, or other dutiable property, business etc. It is calculated on the total value of the property subject to transfer, at the rates prescribed by the State, on the value of property. Rebates or exemptions or duty...
  • 02/16/2013 in BLOG

    Property purchase costs: better to prepare upfront

    We all know that purchasing a property will involve various costs and to assist you in estimating how much this cost will be, we have created this list for you. There are also links to some pages that can assist you in estimating the various costs involved during your property purchase. Government...
  • 02/16/2013 in BLOG

    What is PEXA – Property Exchange Australia Limited?

    PEXA – Property Exchange Australia Limited previously known as National E-Conveyancing was formed in 2010 to deliver a national electronic Conveyancing solutions to the Australian Property industry. PEXA is a national platform where lodgements and property settlements will occur online in a simple...
  • 01/20/2013 in BLOG

    What is property conveyancing

    Conveyancing means a legal action/transaction which binds the seller and the buyer to finalise the transfer of real property from the seller to the purchaser in lieu of some consideration for the seller. This act of transfering an ownership interest in real or personal property involves a written...
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