by admin | Jul 8, 2024 | Uncategorized
The Settlement Date is the deadline for all promises made in the contract to be completed. If all the terms on the Offer and Acceptance contract have been satisfied, Landgate (the Office of Titles) will, upon lodgement of the relevant documents, transfer the title for...
by admin | Jul 8, 2024 | Uncategorized
It is recommended that you check out your financial abilities early, research what you can borrow and select your finance provider prior to looking for your new property. Making your offer first, then applying for finance is a sequence of events that puts unnecessary...
by admin | Jul 8, 2024 | Uncategorized
This is necessary to fully understand the nature of the transaction and to anticipate any problems that may arise during the settlement process. A settlement agent who does not ask questions and simply provides a quote based on the amount of the transaction, may...
by admin | Jul 8, 2024 | Uncategorized
Some time ago we attended a settlement at the Commonwealth Bank for a Buyer client who was purchasing a property in Morawa. To finance the purchase the bank had taken a mortgage over the property being purchased, together with a mortgage over another property that the...
by admin | Jul 8, 2024 | Uncategorized
Title Insurance is a special type of insurance which provides protection to home buyers and existing home owners of residential property. This insurance covers certain unknown or hidden risks such as: Illegal Building Work Survey/Boundary Defects Fraud Forgery &...
by admin | Jul 8, 2024 | Uncategorized
In the past we have had a property settle where we acted for the Seller. The Seller had signed a Sellers Appliance and Fitting Warranty included on the Offer & Acceptance (O & A) contract, which “warrants that all electrical, gas and plumbing fixtures and...
by admin | Jul 8, 2024 | Uncategorized
The Dividing Fences Act 1961 provides a process for neighbours to agree on the fence that divides their properties, and to share the cost of construction and maintenance. The Act also provides for the courts to deal with disputes that may arise over dividing fences....
