Certificate of Title A Certificate of Title (CT) is simply the representation of the legal record showing land ownership. The CT will also include any interests and restrictions on the land. The majority of CTs are now electronic however there are still paper CTs, usually held by owners who do not have a mortgage. When [...]
We offer our clients free preliminary contract advice in the negotiation phase of their purchase to assist them to make an offer that is tailored to the property and takes into account any issues in the contract. It also helps our clients negotiate changes to the contract before signing so that agreements between the parties are made [...]
WHEN BUYING A NEW HOME, USE YOUR HEAD, NOT YOUR HEART When buying a home, there are so many things to do and remember, not the least of which is to remember to check the property so you have a clear understanding of what you are buying. We recommend professional inspection of all properties however there [...]
Pre-purchase: Visit your Mortgage broker for pre-approval of your finance Inspect as many properties as you can and make an offer to buy when you locate the right property for you Seller accepts your offer Send contract to eConveyancing NSW for advice before signing contract Order pest, building and strata reports Weeks 1-2 eConveyancing NSW will [...]
FIRST HOME BUYER SCHEME As many of you would know, the conditions in the real estate market today are excellent for first home buyers.If you are a first-time buyer, you may be entitled to an exemption from paying stamp duty altogether all a concession/reduction on that stamp duty depending on the purchase price of your [...]
New South Wales Release Date: “For Immediate Release” A & T Legal, a Conveyancing Law Firm, is embracing the mandatory change to compulsory electronic conveyancing by rebranding to eConveyancing NSW, an online residential eConveyancing business. Nicole Armitage, Principal Solicitor of A & T Legal said “With the start of mandatory eConveyancing commencing on 1 July [...]
From 1 July 2018, all stand-alone transfers of land, caveats registered on titles, mortgages and discharge of mortgages have been lodged electronically and there is an upcoming deadline of 1 July 2019 for all NSW conveyancing to be undertaken online.. Electronic conveyancing simply means a conveyancing transaction which is settled electronically by using an electronic [...]
In December 2017 the NSW government passed into force the Building Products (Safety) Act 2017 (NSW) (BPSA). The purpose of the Act was to create liability for the use of unsafe building products such as combustible cladding. The use of aluminium composite panels with a core which is made up of more than 30% polyethylene [...]
In an effort to prevent some property developers from avoiding their GST obligations, the responsibility for collecting and remitting GST has been removed from the developer and handed to the purchaser in some conveyancing transactions. Where a contract is entered into on or after 1 July 2018, the purchaser is required to hold 1/11th of [...]
