When purchasing a property, it is important to keep in mind the issues of service connections and drainage. Below are some tips to consider when undertaking your due diligence.

Buying a lot “off-the-plan”, in essence, means the precise piece of land does not, as at the date of the contract, have its own individual l

The Commercial and Industrial Property Tax is a new reform that transitions away from stamp duty for commercial and industrial properties

Where a certificate of title is encumbered by a covenant, it is to be noted that this is a binding restriction that binds any and all owners

Summary of 2024 Land Tax Changes in Victoria

VCAT offers a dispute resolution mechanism for co-owners who are disputing how to manage co-owned land. Our office can assist in applying.

Verification of Identity commonly referred to as “VOI”, is an e-conveyancing compliance requirement for buyers and sellers of property.

A Certificate of Title is a person’s record of ownership.

A Section 173 Agreement is an agreement, impacting a specific piece of land and recorded against the title to that land.

The cooling-off period is a right that allows a Purchaser to end the contract within three clear business days of the day of execution.

Land Tax is a state-based tax. In Victoria, it is administered and collected by the State Revenue Office (“SRO”).

The sale of most items in our economy are subject to GST. However, exemptions include a going concern (meaning an ongoing active business).

To replace the Certificate of Title, an application to the Land Titles Office can be made for a replacement.

A Vendor Statement discloses specific information so as to allow the purchaser to make an informed decision regarding a property.

When selling or purchasing a property, conveyancing is needed for the process of exchanging ownership of that property.

All property settlements are now conducted online via Property Exchange Australia. PEXA facilitates uniform and paper-free transactions.

The Australian Retirement Village Accreditation Scheme is the primary accreditation scheme for retirement village and seniors housing.

Most purchasers of real estate rely heavily on borrowing funds from lenders to complete the transaction.

A mortgage is a loan in which property is used as collateral.

the very nature of an auction can create inherent risks for a purchaser and it is important for purchasers to consider the following items.