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Imperior Conveyancing

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25.01.2022 https://www.finder.com.au/investing-in-a-granny-flat

24.01.2022 When we act for a Vendor, one of the ways to ensure a purchaser cannot get out of a Contract after Exchange... Read more below One of the voluminous number of laws that relate to the sale and purchase of real estate provides that a vendor must attach to the Contract for Sale of Land certain Prescribed documents. These documents are known as Vendor Disclosure documents.... The law in NSW states that if the vendor fails to attach any one of the required Vendor Disclosure documents to the Contract, the purchaser can rescind the contract i.e. the purchaser can cancel the contract and the contract becomes null and void at any time within 14 days following the date of exchange of contracts. This is one of the reasons why we at IMPERIOR CONVEYANCING are careful about ascertaining exactly what the relevant Vendor Disclosure documents are for a particular property, and then ensuring every page of every relevant Vendor Disclosure document is attached to a Contract for Sale of Land. When we act for a vendor, we certainly do not want the purchaser being able to get out of the Contract on a technicality once a Contract has been exchanged and the full contract deposit paid by the purchaser. The vendor would almost certainly not be a very happy , having lost his purchaser, and his future sale proceeds, after believing he had an unconditional exchanged contract with the purchaser!

23.01.2022 https://www.news.com.au///651e8065c4669d7c8a7db1c6970482a3

22.01.2022 https://www.domain.com.au//sydney-house-prices-soar-6-8-p/

21.01.2022 https://www.nhfic.gov.au/what-we-do/fhlds/

20.01.2022 Property#market#Conveyancing#new trends#purchase#sale

19.01.2022 Buying a FIRST HOME can be a daunting experience. Let Imperior Conveyancing guide you through this maze. Please contact Menka on 0407495663..

19.01.2022 https://www.realestate.com.au/ad/hidden-costs-buying-home/|source:advice:article-page-bottom

18.01.2022 https://m.facebook.com/story.php?story_fbid=3011299998917817&id=107637365950776

17.01.2022 https://www.domain.com.au//homebuilder-aims-to-jumpstart-/

16.01.2022 As a first home buyer/s you may be eligible for certain grants and Exemptions. ....... Read more https://www.revenue.nsw.gov.au/grants-sche/first-home-buyer

16.01.2022 Specialists in Property transactions across NSW. We pride ourselves in treating each transaction as if it were our own and making it stress-free and simple process. Plz contact us for an obligation free Quote.

16.01.2022 Changes to Purchasers Declaration. Revenue NSW has now updated the Purchasers Declaration forms. The declaration is now made pursuant to the Tax Administration Act 1996. Consequently, the need for a signature and a witness have been removed. However, the declaration is confirmation that the information provided is true and correct and the ramifications of non-compliance remain. ... https://www.revenue.nsw.gov.au//legislation-and-ruli/forms

15.01.2022 Information about Land Tax. Read below https://www.revenue.nsw.gov.au/taxes-duties-levies/land-tax

15.01.2022 https://youtu.be/X3CT4NKYbio

14.01.2022 It is nice to have 2 settlements in such a quiet day. Thanks for trusting Imperior Conveyancing. Stay Safe against COVID-19 !!!It is nice to have 2 settlements in such a quiet day. Thanks for trusting Imperior Conveyancing. Stay Safe against COVID-19 !!!

13.01.2022 Contact us for Conveyancing related matters Buying or selling a property and/Business

11.01.2022 JOINT TENANTS OR TENANTS IN COMMON When you purchase property with another person, your solicitor will ask you: Joint Tenants or Tenants in Common? The purpose of this article is to explain the difference between these terms and how your decision can affect you in the future, particularly from an estate planning perspective.... Joint Tenants Joint tenancy is a concept where each owner of a property holds the exact same and equal interest as all of the other owners. All joint tenants are therefore entitled to an equal share of profits if the property is rented or sold. Similarly, all joint tenants are equally responsible for the costs associated with owning and maintaining the property. For many couples, owning property as joint tenants is preferable because of its survivorship rule. This means that when a joint tenant dies, his or her share will be equally distributed between the surviving joint owners with no stamp duty being payable on the transfer. It will not form part of the estate of the deceased owner and is generally outside the scope of a family provision application (i.e. any legal action brought by relatives challenging the will of the deceased). Tenants in Common Tenants in common is a concept where each owner has a separate and distinct interest in the land in specific proportions. For example, a husband and wife may own a property with equal 50/100 shares, or in 20/80 and 99/100 proportions (or any other proportion). In some instances, the benefit of owning property as tenants in common is the ability to minimise the financial risk of one of the owners. For example, a small business owner may wish to minimise the amount of assets held in his or her name (while still remaining an owner) and therefore prefer to hold a minimal portion of the property only. In other instances, the benefit of owning property as tenants in common is that an owner can nominate whom their share of the property will be transferred to. This decision can occur whilst the owner is alive (keeping in mind that such a transfer will attract stamp duty). Alternatively, the transfer can occur after the death of the owner by leaving a bequest in their will. Generally, people who are not in a familial relationship or who receive the property as a bequest with others choose tenants in common for this purpose. If you own or are thinking of buying a property and you not sure what is the best tenancy for you, please contact IMPERIOR CONVEYANVING and we will be happy to discuss your options with you.

10.01.2022 https://www.linkedin.com//menka-sethi-06b277b8_first-home-

10.01.2022 https://www.9news.com.au//f6cb1ade-3809-4716-b4a8-8028cc6a

09.01.2022 https://www.realestate.com.au//real-estate-prices-set-to/|source:news:article-page-side

08.01.2022 Thinking about buying or selling a property with a pool? Read below.... The Swimming Pools Act 1992 requires all pools to be registered with the NSW Swimming Pool Register and a certificate evidencing registration must be included in the Contract of Sale by the vendor.... There should also be a valid Swimming Pool Certificate of Compliance or Non-Compliance issued for the property. In the event the pool has not been certified, the vendor will need to organise this prior to selling. The vendor would contact either an authorised private certifier (who are registered with the Building Professionals Board) or the respective local council to perform this. To summarise, the documents required to be annexed to the Contract for Sale are: Registration Certificate issued from the Swimming Pool Register Valid Swimming Pool Certificate of Compliance or Non-compliance If the Contract of Sale does not include these documents, the buying party will be able to rescind the contract within 14 days of exchange. It is imperative the buying and selling partys legal representatives ensure that it is disclosed that the pool is compliant or non-compliant and registered so the transaction can go ahead without delay. Should a Contract for Sale contain a certificate of non-compliance it is the responsibility of the Purchaser to achieve compliance within 3 months of completion. BUILDING POOLS Swimming is heavily ingrained in Australian culture and it is common for people to build new pools or replace old ones. If you purchase a parcel of land and are planning to build a pool, generally speaking, you will be eligible to build a pool subject to council regulations and requirements. If you are considering purchasing a block of land and want to ensure the property is eligible for pool construction, contact the local council of the area. When you are ready to construct, your respective pool company will assist you to obtain permission from the local council. REMOVING POOLS At times, people may wish to remove a pool. Whether to make room for more land, to save on utility bills or to replace a pool with a new one.In NSW you are generally required to obtain either a Complying Development Certificate (CDC) or go through a DA process to remove the pool. This depends on the individual property (i.e. zoning) and other factors. The local council, a pool company, and a private certifier will help simplify this project. More HElPFUL RESOURCES.. NSW Swimming Pool Register http://www.swimmingpoolregister.nsw.gov.au/ NSW Swimming Pool Building a pool Fair Trading NSW https://www.fairtrading.nsw.gov.au//pools-/building-a-pool

08.01.2022 COVID RELIEF MEASURES NSW Government announces transfer (stamp) duty changes for first home buyers The NSW Government has announced that the threshold above which transfer (stamp) duty is charged on new homes for first home buyers will increase from the current $650,000 to $800,000, with the concession reducing on higher values before phasing out at $1 million.... The transfer (stamp) duty threshold on vacant land will also rise from $350,000 to $400,000 and will phase out at $500,000. The new transfer (stamp) duty threshold will be in place for 12 months and will apply to contracts executed from 1 August 2020 to 31 July 2021. Read more https://www.revenue.nsw.gov.au//stamp-duty-changes-for-fir

08.01.2022 Purchasers must be given Property plans 21 Days before settlement. Read more https://www.registrargeneral.nsw.gov.au//new-requirements-

08.01.2022 Buying or selling during these uncertain times might be stressful. Be assured that we're here for you! We can take you through the process of conveyancing hassle free and conveniently without you having to leave the safety of your home. # Imperior Conveyancing#Contracts#Property#Remember us#Buy or Sell#Realestate#

07.01.2022 https://www.revenue.nsw.gov.au//covid-19-coronavirus-and-l

04.01.2022 FOR CONTRACT REVIEW & All your Conveyancing needs - Contact Imperior Conveyancing ,Call Menka on 0407495663 A detailed contract review is paramount with any inspections of the property.... A Contract of Sale document can be quite lengthy and at times difficult to decipher. A contract review can identify and indicate any issues you must be aware of before proceeding with the property purchase. Reach out today to Imperior Conveyancing for your initial contract consultation . #conveyancing #home #property #buy #sell #contracts #legal ##investmentproperties #conveyancers #conveyancingadvice #properties #NSW #australia #firsthome buyers# #homeowner #prosperity #professional #Imperior Conveyancing #propertyadvice #propertytips

03.01.2022 https://amp-smh-com-au.cdn.ampproject.org//cracked-towers-

03.01.2022 We like to exceed expectations . Getting this wonderful feedback from our client make us feel really encouraged and motivated to serve better.

02.01.2022 https://7news.com.au//stamp-duty-could-become-a-thing-of-t

01.01.2022 PROPERTY SALES OVER $750,000 ATO TAX RULES CAPITAL GAINS CLEARANCE CERTIFICATE ATO Capital Gains Clearance Certificate Foreign Resident Capital Gains Witholding payments impacts on foreign and Australian Residents... If the vendor is selling a taxable Australian property with a market value of $750,000 or more, the vendor is required to obtain an ATO clearance certificate and provide same to the purchaser prior to settlement, to confirm a 12.5% withholding amount does not need to be withheld from the sale transaction. If the vendor (including Trusts, Change of Name, Deceased Estates and Mortgagees in Possession) fails to provide an ATO clearance certificate to the purchaser prior to settlement of the transaction, the Rules impose an obligation on purchasers to withhold 12.5% of the purchase price and pay it to the ATO. Where a purchaser fails to withhold when they should, the ATO may issue a penalty equal to the amount that was required to be withheld and paid to the ATO (plus interest). A clearance certificate is valid for 12 months from issue, and must be valid at the time it is made available to the purchase To help you with your Conveyancing journey and make sure you understand your obligationa in sale or purchase of your property , Imperior Conveyancing can help. property#Law#things to know# #purchase#Sale #Imperior Conveyancing Contact Menka on 0407495663