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Conveyancer.com.au
Phone: +61 1300 635 556
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24.01.2022 When selling a property in Victoria, it is a requirement that Vendors disclose any building work undertaken on the property within the last 7 years. To find out more... Selling my home as an Owner Builder? An owner builder is defined by the Building Act 1993 (Vic), as a person who personally builds, alters, and extends a building. Or alternatively manages or organises for building works to be completed by another whose name is not listed on the relevant building permit. Owner... builder projects include the construction/ alteration of pools, garages, sheds, decks, and fences. When selling your owner built property within 6 years and 6 months of the completion date, the Contract of Sale must include: 1. Domestic building Insurance Is required to be obtained when the building works undertaken were valued at $16,000 or more. 2. Defect Report A defect report must be prepared by a registered building inspector, engineer or building surveyor to review the buildings compliance with relevant laws and regulations. Defect reports expire 6 months from the date of the report. #conveyancer_com_au #sellingaproperty #vendorrequirements
24.01.2022 Conveyancer.com.au wishes you all a happy and wonderful Easter!! #Conveyancer_com_au #happyeaster #greetings #staystafe
22.01.2022 Everything you need to know about purchasing your first home; Dont miss out on this amazing opportunity to step into the property market! SPEAK TO THE LAWYERS AT Conveyancer.com.au FOR A FREE CONTRACT REVIEW COMPLETED WITHIN 24 HOURS! DONT MISS OUT ON AN OPPORTUNITY OF A LIFETIME PURCHASE YOUR FIRST HOME! https://www.conveyancer.com.au/essential-facts-about-the-fi... #conveyancer_com_au #firsttimehomebuyer #dreamhome
21.01.2022 Victorian parents and students rejoice as onsite learning resumes for Prep - Year 7 and Years 11 & 12! "Education is the most powerful weapon which you can use to change the world" Nelson Madela.
21.01.2022 There has never been a better time to sell your home, land or an investment speak to the team at Conveyancer.com.au today!
21.01.2022 First Home Loan Deposit Scheme extended Assistant Treasurer and Housing Minister Michael Sukkar announced another 10,0000 places will become available under the First Home Loan Deposit Scheme. Click the link to find out more.. http://ow.ly/MIwx50BNLFN
18.01.2022 ONLINE doesn't have to be Impersonal! WE ARE STILL OPEN! One of the benefits of being an online business is that we can remain open in the darkest of hours. As the Corona Virus continues to disrupt the daily lives of Australians, conveyancer.com.au would like to assure you, that it will be business as usual for our team. We continue to offer a face to face consultations via videolink. If you are looking to buy, sell or transfer a property, please don't hesitate to contact ou...r office today! Website : www.conveyancer.com.au Email : [email protected] Telephone : 1300 635 556 Facebook : http://ow.ly/AEsW50yW3fM Linkedin : http://ow.ly/Arc650yW3fN #conveyancer_com_au #openonline #stillopen
17.01.2022 A S52 Statement is required when selling a business which are valued at $450,000 or less. The Estate Agents (General, Accounts and Audit) Regulations 2018 have clarified previous ambiguities in S52 of the Estate Agents Act to find out more... What is a S52 Statement? In Victoria, when selling a small business valued at $450,000 or less, vendors are required to provide purchasers with a statement that adheres to the requirements of Section 52 of the Estate Agents Act. The stat...ement details the financials of the business for both the current and preceding two years, enabling prospective purchasers to make an informed decision on the ongoing profitability of a business before acquisition. Section 52 Statements include the following; A - Information for the vendor B - Information for the purchaser C- Business Information D - Vendor's business operating report E - Vendors declaration F - Acknowledgement of receipt by purchaser Purchasers of small business' who are not provided with a complete and or accurate S52 prior to signing are entitled to withdraw from the contract and receive a full refund of the initial deposit. Purchasers must exercise their right to withdraw from the contract within 3 months of signing the contract or before taking possession of the business. Vendors and or real estate agents who provide incomplete/ inaccurate Section 52 statements may be liable for severe financial penalties. If you are looking to buy or sell a business today, contact the experienced team at Conveyancer.com.au! #conveyancer_com_au #smallbusiness #sellabusiness
16.01.2022 Should I buy off the plan? First home buyers are attracted to Off the plan purchases because of the generous concessions and exemptions offered by the Victorian Government. Buying off the plan occurs when an individual signs a contract to purchase a dwelling that is yet to be constructed. Before, purchasing off the plan, consider the following;... Benefits: Fixed price: Investors prefer purchasing off the plan because they can lock in a price at the time of signing this may allow the property to potentially appreciate in value before settlement. Move in ready: Depending on what stage you enter an off the plan, you may be able to make changes to the design and layout to suit your needs. Builders must provide warranties for 7 years against structural defects and 2 years for non structural defects from the date of the Occupancy Certificate. Time: Upon signing, a deposit of 10% of the Contract price is paid. Individuals are provided ample time to organise their finance. Government Discounts: In Victoria as a first home buyer or if the property is your principle place of residence you may be entitled to an Off the Plan exemption or concession. Negatives: Expiry of Sunset Clause: If the developer fails to complete the project before the sunset clause (required completion date) expires, the purchaser is entitled to a refund of their deposit and the contract may be terminated. Contracts are unconditional: When purchasing off the plan properties, it is imperative to note that the transaction cannot be subject to obtaining finance, building and or pest inspections. Volatility over Time: Individuals may find it difficult to obtain finance if circumstances change between when they sign and settlement. If you are unable to complete the transaction you risk losing your 10% deposit and may be charged additional penalties. Thinking of buying off the plan? Contact Conveyancer.com.au for a free contract review http://ow.ly/RjyH30qpo4f #Conveyancer.com.au #offtheplan
16.01.2022 #ruokeveryday #ruok2020 #conveyancer_com_au
16.01.2022 3 Reasons to Sell your home in Autumn As the cool Autumn breeze sets in, Interest rates are currently at an all time low which has caused the property market to steadily regain its momentum. 1. Individuals are now well and truly back from their Christmas/ New Year breaks and are looking to make good on their new year resolutions. If they have thought about purchasing a property over the break they will be keen to get this going during the early part of the year.... 2. A common misconception is that Spring is the ideal season to sell your home. There is often a surge of new property listings in Spring which means an oversupply of properties on the market. In Autumn, there is generally fewer homes listed on the market which means more buyers will be looking at your home! 3. Speak to the experienced team at Conveyancer.com.au who will prepare contract of sales, to help you sell your home today from as little as $499 for Residential and $599 for Commercial. http://ow.ly/YUSP30qlEw5
15.01.2022 Deposit bond allows the buyers to pay the initial deposit required under the contract without having to draw on cash from their own personal accounts. As, no money is exchanged when utilising a deposit bond to pay the initial deposit, the entire purchase price must be paid at settlement, which in turn voids the previously tendered deposit bond. Deposit Bonds expire on the earliest of either their expiry date or the completion of the Contract of Sale. Purchasers are advised ...to check whether vendors would be happy to accept a deposit bond prior to submitting an offer on a property. Most, contracts of sale require the full 10% deposit to actually be paid by a certain date to avoid breaching the terms of the contract. If a vendor refuses to accept the deposit bond, purchasers will be required to pay the full 10% in cash to avoid breaching the terms of the contract which can be costly if sort at the 11th hour. Deposit Bonds are beneficial for investors because not only are they relatively quick and easy to arrange, but they also ensure your funds are not tied up in any one transaction. To find out more, speak to the team at Conveyancer.com.au today! #conveyancer_com_au #purchase #propertylaw
15.01.2022 What is Land Tax? Land Tax is a state tax imposed and assessed on all Victorian Land valued at $250,000 or more as at the 31st of December of the previous year. Regardless of whether property is held individually or jointly by a person, Land Tax is only payable on residences which are not the individuals principle place of residence. ... Speak to the team at Conveyancer.com.au to find out more! http://ow.ly/erJf30qlVmH See more
15.01.2022 Great news for FIRST HOME BUYERS and those looking to buy house and land packages! Prime Minister Scott Morrison confirmed Australians will be able to access grants of $25,000 for home renovations between June and December 2020 to combat the negative effects the lockdown has had on the construction sector. This much needed initiative will not only provide a necessary boost to the construction industry but further support First Home buyers to enter the property market through ...the construction of their dream home. Am I Eligible? The grant is available to the following Australians; - Single Applicants who earn less than $125,000 a year - Couples who earn up to $200,000 a year (combined) - Renovations must cost between $150,000.00 - $750,000.00 with the final value of the property under $1,500,000.00 Speak to the team at Conveyancer.com.au Today for a free House or Land Contract Review #Conveyancer_com_au #scottmorrison #firsthome #$25000grant
15.01.2022 The cooling off provisions within Sale of Land Contracts is one of the few contractual safeguards offered to purchasers suffering from buyers remorse. However, there are certain circumstances where the cooling off provisions will not apply... https://www.conveyancer.com.au/when-does-the-cooling-off-pe #conveyancer
14.01.2022 6 Step guide to purchasing your first home Purchasing your first home is both an exciting and challenging experience. To assist individuals entering into the property market for the first time, here's a step by step approach on how to tackle the daunting task of entering the property market to ensure you reach this important milestone. 1.Step 1: Prepare a budget, Start Saving!... You should sit down and review your finances to identify and eliminate any unnecessary and excessive expenses to determine what you can set aside on a regular basis. 2.Expect, the unexpected and factor in additional costs Saving up for the 10% deposit is never enough, there are unspoken costs associated with purchasing a home such as Home loan fees, Lenders Mortgage Insurance (LMI), Stamp duty costs etc and it is often prudent to have a additional funds tucked away to avoid being taken by surprise. 3.Obtaining Pre-Approval As Australia struggles to cope with the economic implications of CoVID 19. With interest rates at an all time low its the perfect time to seek finance. 4.Hunting for the perfect home When looking for a home consider the following, Location, Type of Property ie house, town house, apartments etc, budget and lifestyle requirements. 5. Contract Review Conveyancer.com.au offers free contract reviews, to identify any potential issues and ensure the property is right for you. 6. Make an Offer Now that you have a full understanding of the contract, you can make an offer on your dream home. Speak to the team at conveyancer.com.au so that we can work with you to find your perfect home today. #conveyancer_com_au #firsthome #propertymarket
14.01.2022 5 THINGS TO LOOK FOR WHEN INSPECTING PROPERTY When attending open for inspections, it is quite easy to become distracted by the interior design, layout and features of a property. However, it is important that individuals who are serious about purchasing a property perform a few key checks to avoid their dream home becoming a financial disaster: 1.Check for large and or fine cracks in the walls and ceiling of the property.... 2.Look for water stains on the walls and ceiling inside the property, especially in bathrooms and other wet areas. 3. Check for damaged guttering, eaves, down pipes and poor drainage points around the property because it could signify problems in the future. 4.Ensure all fixtures and fittings eg; dishwasher, taps, toilets etc are in working order. It is important to take note of the condition of all fittings and fixtures, as these items are often the subject of disputes between the parties at settlement. 5. Enquire as to the services and amenities offered with the property to avoid disappointment and future costs post settlement ie; does it come with heating and cooling, gas or a pool etc. Before proceeding with the purchase of your new home, speak to the team at Conveyancer.com.au today for a free contract review.
12.01.2022 PROPERTY NEWS!!! In line with Victorias new STAGE 4 STAY AT HOME ORDERS updated on the 5/08/2020 and continue till the 16/08/2020. SETTLEMENTS and ALL ASPECTS OF PROPERTY TRANSFER WHERE THE CONTRACT WAS SIGNED PRIOR or at the beginning of the STAGE 4 LOCKDOWN ARE TO OCCUR in accordance with the RESTRICTED ACTIVITIES DIRECTION (RESTRICTED AREAS) (No.6) and the (RESTRICTED ACTIVITIES DIRECTION (Non- Melbourne):... The following activities are permitted if they are conducted in a manner that is Contactless! - Building & Pest inspections - Valuations - Final Inspections before settlement - Attending Real Estate Agency to collect keys - Settlements via Pexa According to DHHS Stay at Home Directions No 8 Clause 10 (h) individuals are permitted to leave their home for the purposes relating to or associated with the dealing of residential property See link for more information.. http://ow.ly/SJrw50AS9Qg #conveyancer_com_au #propertynews #realestate
12.01.2022 Looking to buy your first home or investment property? Conveyancer.com.au is ready to help!! Speak to a friendly Property Lawyer today by contacting us on 1300 635 556 or at [email protected] #Conveyancer.com.au #dreamhome #firsttimehomebuyer
12.01.2022 Section 32 Vendor Statements explained: A Section 32 (Vendors Statement) requires all vendors selling property to disclose all relevant information that concerns the land being transacted. Therefore, It is important to understand the information provided before committing to the transaction...To find out more http://ow.ly/hw7650ytJoF
12.01.2022 Good luck to two great Victorian teams! #AFLGrandfinal2020 #richmondtigers #geelongcats
11.01.2022 Happy Mothers Day from the team at Conveyancer.com.au #conveyancer_com_au #MothersDay2020
10.01.2022 As Australia begins to ease community movement restrictions and emerge from the slumber imposed by the Covid -19 pandemic. The Property Council of Australia has proposed a 7 - point plan to both reinvigorate the Australian Property Market and slowly rebuild our fragile economy. To read more... https://www.conveyancer.com.au/australian-property-councils... #Conveyancer_com_au #propertymarket
08.01.2022 Title searches are simple, yet important documents, which provides invaluable information about a parcel of land. 5 Things to look for on a Certificate of Title 1. Owner: The Title will specify the full name and address of the legal owner of the land. Importantly, the listed address may not be the registered owners current address. ... 2.Mortgages: A bank may be listed on title if they hold a mortgage over the property. Before legally disposing of the property they must discharge their debt to the bank. 3.Covenants: Restrictions placed on the use of the land. Covenants may also restrict what, where and the materials permitted to build on the land. 4.Easements: An Easement is notification of a 3rd party's right to utilise part of the land. Common easements include connection of essential services and rights of way. 5.Caveats: Are legal notices, which provide a warning of a 3rd party's legal interest in the property. If a caveat appears on a Title it should serve as a red flag and you should seek Conveyancer.com.au's advice before proceeding. To find out more contact the team at conveyancer.com.au today! #conveyancer_com_au #5things #invaluable
07.01.2022 What is a Section 27 Deposit release? When selling a property, most Vendors believe that they are entitled to access the deposit paid by a purchaser prior to settlement. Whilst, Section 27 of the Sale of Land Act 1962, provides that a Vendor may request access to a deposit paid by a purchaser. Purchasers are given the opportunity to object to the early release of the deposit, within 28 days of the request being made, thus preventing the release of the deposit.... Once a valid objection is raised by the purchasers, the deposit cannot be released to the vendor till at the time of or after settlement. Whilst the below is not an exhaustive list, here are a five reasons why a deposit may not be released to a Vendor; 1. The contract is not yet unconditional, i.e. building & pest inspections and finance clauses have not expired. 2. A bank letter satisfying the requirements for release of the deposit under Section 27 of the Sale of Land Act has not been provided to the purchaser by the vendor. 3. The vendor has a mortgage over the property where he/she owes more than 80% of the property's sale price. 4.There has been a caveat/ charge lodged over the property's Title 5. Vendors mortgage is currently in default. Vendors should not rely on their deposit being released prior settlement, as this is never guaranteed. To find out more speak to the team at Conveyancer.com.au today! http://ow.ly/4DOd30qlVbr
07.01.2022 Difference between purchasing a property via an Auction or a Private Sale When purchasing at an Auction: 1. The contract is unconditional the moment it is signed. Failing to settle on an Auction contract will mean the purchaser forfeits 10% of the purchase price... 2. The standard three day cooling off period does not apply 3. The contract cannot be subject to any conditions; building and pest inspection or finance. http://ow.ly/b60l30qkwBf
07.01.2022 8 Ways to Prepare your home for Winter As the nation slowly prepares to emerge from the slumber imposed by CoVid-19, it is the perfect time to prepare your home for the challenges to be faced by an Australian Winter. An Australian Winter can create an array of safety concerns due to the wild storms, severe rainfall and freezing temperatures. Therefore, it is important to prepare and protect yourself and your home from the unpredictable nature of an Australian Winter. Here are... our top tips to get your home Winter ready! http://ow.ly/3qBc50zTl7P #conveyancer_com_au #planahead
06.01.2022 What is the Foreign Resident Capital Gains Tax Withholding (FRCGTW)? Foreign Resident Capital Gains Withholding (FRCGW) applies to vendors disposing of certain taxable property under contracts entered into from 1 July 2016. To find out more....http://ow.ly/vzID50ypRKA
06.01.2022 Mirror mirror on the wall Ill always get up after I fall, and whether I run, walk or have to crawl, I'll set my goals and achieve them all! Here's to strong women... May we know them be them and raise them! Happy International Womens day, from the team at Conveyancer.com.au http://ow.ly/s1Wt30qnWjF See more
06.01.2022 What is an Easement? An Easement notifies individuals of a 3rd partys right to utilise part of the land. Easements may be created for various reasons which includes allowing utility companies to connect essential services to the land and or for the purpose of granting access to landlocked properties. Speak to conveyancer.com.au to find out more..... #conveyancer.com.au #easements
05.01.2022 HOMEBUILDER Grant UPDATE! Did you know that due to the introduction of Stage 4 restrictions in metropolitan Melbourne and Stage 3 restrictions in regional Victoria, the Commissioner of the State Revenue has announced a further 3 month extension to the period by which construction must commence to be eligible for the HomeBuilder Grant? Victorian applicants for the HomeBuilder Grant will be given 6 months from the signing of their HomeBuilder contract before they need to begin... construction. This is an opportunity not to be wasted, speak to the team at Conveyancer.com.au for more information!! #Conveyancer_com_au #homebuyers #opportunity2020 #realestate
05.01.2022 Title insurance is a simple policy where payment of a once off premium, protects you from unforeseen property ownership risks that threaten your right to occupy and or use your land. To find out more...http://ow.ly/V9vR50yG7D2 #conveyancer_com_au #Insurance
04.01.2022 Happy Valentines Day from all of us at Conveyancer.com.au
04.01.2022 Owner builders are individuals who assume responsibility for building work undertaken on their own land. Find out whether you may have completed work as an Owner builder. Today... S25E of the Building Act (1993) requires, Owner builders to meet the following conditions to obtain the required permit; 1. Applicant must be the owner of the land 2. Building work must relate to a single domestic dwelling... 3. Applicant must live/ intend to live in the dwelling 4. Applicant must not be in the "business of building" i.e. a licensed builder 5. Complete the Owner builder learning assessment 6. Applicant must ensure they have the required insurances 7. Applicants MUST NOT have been issued with owner builder permit, within 5 years from the date of the current application. Owner builder certificates of consent are not required where; 1. Proposed building work is estimated to cost $16,000 or less 2. Work not classed as domestic building work 3. Building works are undertaken by a registered building practitioner. 4. Proposed building work is required to fulfil an emergency and or building order issued in accordance with Part 8 of the Building Act 1993. #conveyancer_com_au #homeremodel #permits
04.01.2022 8 THINGS TO CONSIDER BEFORE BUYING HOUSE AND LAND PACKAGES For more information click the link below. https://zcu.io/gDpN #Conveyancer #Houseandland #RealEstate #Conveyancer.com.au
02.01.2022 Lest we forget #conveyancer_com_au #Anzacday
01.01.2022 Whether you are looking to buy your first home or an investment property we are ready to help!. Conveyancer.com.au offers free contract reviews within 24 hours. Speak to a friendly experienced Property Lawyer today contact us on 1300 635 556 or at [email protected] #conveyancer_com_au #firsthome #legaladvice
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