Unlocking homeownership with the Victorian Homebuyer Fund
Unlocking homeownership with the Victorian Homebuyer Fund The Victorian Homebuyer Fund: it’s a game-changer in the world of homeownership. This innovative program is set to empower thousands of Victorians to realise their dream of owning a home. If you’re eager to step into the realm of homeownership but facing the challenge of a limited deposit, […]
Introduction to property caveat removal in Victoria
Introduction to caveat removal in Victoria Caveat removal in Victoria is a crucial process that property owners must understand thoroughly. Property caveats serve as cautionary notices, signaling to potential buyers and to the rest of the world that a third party, known as the caveator, may have an interests in the property. Knowing how to […]
The different types of conveyancing services
The different types of conveyancing services When you’re buying or selling a property, you’ll need to use a conveyancer to handle the legal paperwork. But what are the different types of conveyancing services available, and which one is right for you? In this article, we’ll take a look at the different types of conveyancing services, […]
Victoria to abolish stamp duty on commercial property: what you need to know
Victoria to abolish stamp duty on commercial property: what you need to know The Victorian Government has announced plans to abolish stamp duty on commercial property from July 1, 2024. This is a major reform that is expected to boost economic growth and encourage investment in the state. Under the new system, purchasers of commercial […]
What is a terms contract and how to avoid it?
What is a Terms Contract? A terms contract is a type of contract for the sale of land where the purchaser is obliged to make two or more payments to the vendor other than a deposit or final payment on completion. This means that the purchaser is essentially financing the purchase of the land over […]
Should you get a pre-purchase building and pest inspection?
Buying a home is a big investment, and it’s important to make sure that you’re getting what you paid for. A pre-purchase building and pest inspection can help you identify any potential problems with the property before you sign on the dotted line. Why should you get a pre-purchase building and pest inspection? There are […]
Update on section 27 deposit release statements: recent case highlights limitations for Victorian vendors
In the world of real estate transactions, the early release of deposits to vendors is a matter of great significance. However, recent developments in Victorian property law have brought this practice under scrutiny. A landmark decision by Justice Riordan in the Victorian Supreme Court case of GLP Batesford Pty Ltd v 68 Bridge Road Land […]
Do you need to use a local conveyancing firm? Exploring the benefits of online conveyancing
Do you need to use a local conveyancing firm? Exploring the benefits of online conveyancing with PEXA and electronic verification In the past, using a local solicitor for conveyancing was the norm due to its convenience and familiarity with the local area. However, with the rise of technology, the process of buying or selling a […]
Do I need a conveyancer before making an offer?
Do I need a conveyancer before making an offer? Why engaging a conveyancer is vital for property buyers Buying property is an exciting journey, but it can also be overwhelming and filled with uncertainties. To navigate the complex legal aspects of property purchases, having the right experts in your corner is essential. Among them, a […]
What are the differences between conveyancers and solicitors?
Understanding the Difference Between Conveyancers and Solicitors in Property Transactions Are you wondering about the key difference between conveyancers and solicitors in property transactions? In this comprehensive guide, we’ll explore how these professionals play distinct roles in facilitating real estate transfers. Discover how conveyancers specialise in guiding you through property purchases, while solicitors bring broader […]