I can’t give you a one-size-fits-all answer because, in truth, there are so many variables when it comes to your property and what needs to happen to get settlement over the line, however there are some essentials to factor in and some great questions to ask to know if you are really getting value for money.
I’m not going to beat around the bush here, the answer is yes: A building Inspection for your commercial property, either buying or leasing, is absolutely worth it, and to be honest, I don’t know why anyone would risk running their business from a property without it.
Ever wondered about that strip of land between your property and the road, often called the nature strip or “footpath”? It might look like it’s part of your home, but is it really yours? Let’s dive into who actually owns it, what you can do with it, and your responsibilities as a homeowner. Ownership and […]
If you are planning to put your home on the market in the coming months then sprucing up your outdoor areas can add real value to your home, no matter the season.
Conveyancing is a big part of your sale or purchase. Having the right professional at hand ensures an accurate and speedy transaction as well as getting you through any unwanted glitches that might hold up your transfer, cost money to fix or leave you disappointed with the result of the sale.
There is someone who does love the pile of legal paperwork that comes with your home purchase: your conveyancer. They love it because they know all those legal must-haves, they understand the jargon and they know inside out, back to front and in their sleep what should and should not be included in a property contract.
A conveyancer is a licensed professional who specialises in providing legal information and advise about the property sale, to either a buyer or vendor. They oversee settlement and represent the property parties for a smooth transition.
Is conveyancing the same as a solicitor? The simple answer is no, though they do work together to ensure the transaction is completed in accordance with the law. Conveyancing involves a variety of legal and administrative tasks, such as preparing the necessary documents, advising on the legal implications of the transaction and conducting searches to ensure that the property is free from any potential legal issues. On the other hand, a solicitor is a qualified legal professional who is authorised to represent clients in legal matters. While they are often involved in the conveyancing process, they are not responsible for the actual transfer of the property, as that is the task of the conveyancer.
Subdivision is the process of dividing a piece of land into smaller areas. This work is done to change the property into smaller lots or blocks. The purpose of subdivision works can vary, but it typically involves making the land more valuable by creating multiple parcels that can be sold separately. If you’re interested in doing subdivision work yourself, it’s important to understand what’s involved before getting started. This may involve taking courses or working with experienced professionals to learn about the legal and technical aspects of the process.
As of 11 October 2021, all land dealings, caveats and priority notices in New South Wales must be lodged electronically, as mandated by the Registrar General. This means that paper lodgements will no longer be accepted, and all titles must be electronic. The move towards 100% eConveyancing is aimed at making the process faster and more secure, with the ultimate record of land ownership in NSW now being recorded electronically with the NSW Land Registry Services. While the transition to an entirely electronic conveyancing system has been a gradual process, the abolition of paper Certificates of Title in NSW on 11 October 2021 marked a significant milestone. This means that all land titles in NSW are now created and managed by the NSW Land Registry Services, with the details recorded electronically serving as the ultimate record of land ownership. This change has been welcomed by many in the industry, as it streamlines the process and reduces the risk of fraud or errors.
NSW Conveyancing Licence No. 06003420
VIC Conveyancing Licence No. 002111L
