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What is Conveyancing?
Conveyancing is the process of transferring ownership of a legal title of land to a new owner, whether it be from a person or entity. It involves the legal and statutory elements that are required in transfering ownership of property in Australia to another owner.
What's an online Settlement and does it have advantages?
Why should I hire RHC?
The conveyancing process can be daunting for most people, especially if you're unfamiliar with how to complete title registry documents, knowledge of legal and contractual terms, and troubleshooting processes. This isn't to mention the importance of complying with critical dates, financial obligations and the risk of losing your deposit or contract.
What third-party fees are involved in a conveyance?
Third-party fees, expenses and disbursements are sums of money which we may pay, or may become liable to pay, to other people or entities on your behalf. These can include search or enquiry fees, lodgement fees, government charges, duties or taxes, transaction specific bank fees, postage or courier fees, and external fees that are imposed by someone else other than us.
What do I need to do to get the process underway?
All you need to do is send us a copy of your identification and your contract, and we will be in touch with some documents that you will need to complete so that we can begin the process.
Do I have to pay Stamp Duty or Capital Gains Tax?
Stamp Duty - Buyers
What if I’m not satisfied with the building and pest inspection report?
What if I need more time to obtain finance or a building and pest report?
We highly recommend that, upon becoming aware of the risk that you may not have the building and pest report or finance approval by the due date, you contact us so that we can seek an extension of time for you to fulfil your obligations.
Can I change the settlement date?
Yes, as long as all parties are in agreement, including any financier or outgoing mortgagor.
What happens if finance isn’t approved?
If your contract is subject to finance and you are unable to obtain approval, you should contact us immediately so that we can terminate your contract on your behalf and in accordance with the contract terms.
Does RHC have insurance?
Of course. As an incorporated legal practice, we are required to hold and maintain insurance.
When should I take out insurance over the property?
In accordance with Clause 8.1, of the REIQ Standard Terms of the Contract for the Sale, the property is at the Buyer/s risk from 5:00pm on the first business day after the Contract Date.