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Where’s my title deed? (perhaps it’s a non-issue)

By on in Buying

It’s been a month since you completed settlement of your new home.  You’ve unpacked, finalised all accounts and settled in.  But you still can’t relax – you haven’t received your title deeds. Landgate registration Once settlement is complete, documents are immediately lodged at Landgate to transfer the property into your name as buyer. Generally, Landgate will complete examination and registration of […]

Penalties for late settlement

By on in Buying, Selling

Buyers and sellers of land generally succeed in completing settlement on the agreed settlement date. However, settlement may be delayed due to an unforeseen event. So what happens if settlement is delayed? The standard-form contract used in WA, known as the Contract for Sale of Land or Strata Title by Offer and Acceptance, includes a […]

Getting in early: pros and cons of possession prior to settlement.

By on in Buying, Selling

Sometimes property buyers want to move in before settlement is completed.  Reasons vary, but commonly it’s about keeping removalist bookings or a sale and purchase that didn’t coincide, leaving the buyer without a roof over her head. Under the standard-form contract used in WA, known as the Contract for Sale of Land or Strata Title […]

Buying a property “subject to finance”

By on in Buying

You’ve signed a contract to buy your dream home subject to finance. Time’s now ticking on the finance approval deadline. The seller may end the contract if you don’t get your finance approved on time. What does the contract say? The standard-form contract used in WA, known as the Contract for Sale of Land or […]

Selling your property “subject to finance”

By on in Selling

You’ve sold your home and the contract is subject to finance. The latest date set by the finance clause has come and gone and you’re still waiting for the buyer to send you finance approval. What do you do? The standard-form contract used in WA, known as the Contract for Sale of Land or Strata […]

LJ Hooker Settlements’ lies

By on in Featured posts

Nobody does it better than LJ Hooker Settlements (according to Mr LJ Hooker). Visit LJ Hooker’s flashy website and a sombre voice warns that cheap offers from competitors “generally reflect the type of service you will receive”. “Some offer a flat fee”, says Mr Hooker ominously. “But these are generally topped up with extra fees […]

Join our busy team of talented professionals!

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Now hiring: Graduate Executive – Settlements We need an aspiring business professional with a flair for customer service and business administration to join our tight-knit real estate settlements team. Permanent full-time position Up to $60k pa + super Applications close 28 November 2014. Visit our web page for more information about the position, selection criteria, […]

Help! My home has unlawful buildings

By on in Buying

Oh no!  Not another one. It’s an all-too-common story.  The buyer signs a home contract, without first obtaining legal advice.  Prior to settlement he visits the Local Government (council) offices and makes the unpleasant discovery that some of the buildings don’t have approval. As a general rule, most substantial renovations to homes require council approval […]

Do I need a settlement representative?

By on in Buying, Selling

You’ve signed a contract to buy or sell a house and the real estate agent asks you to appoint a settlement representative. What is a settlement representative? Read our blog post to find out. What do they do? A settlement representative arranges to transfer the legal ownership of the property from the seller to the […]