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Benefits of buying off-the-plan

By on in Buying

What does it mean to buy “off the plan”? Explore our previous article to find out. This article aims to summarise some of the many perceived benefits in buying off the plan. Lower purchase price Real estate property developers are often keen to sell as many properties as early as possible, and so prices are […]

Happy customer bursts into verse

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We love getting great feedback from our clients.  Especially in the form of a …… POEM!  Thanks Liss Mac of Greenfields for our 338th and most creative review! And congratulations to our legal executive Emily Lamberto.  Emily’s first-class service inspired Liss Mac’s burst of verse. Sending us feedback is easy and it only takes a […]

What does it mean to buy “off the plan”?

By on in Buying, Selling

The owner of a large vacant block wishes to chop it up into small parcels (lots) and sell each new lot.  However, the owner has two problems. Firstly, he doesn’t have the substantial funds he needs to construct roads and install services for each lot. And secondly, he’s not sure whether anyone will want to […]

Title Insurance: worth the investment?

By on in Buying

If you are thinking of buying a property, taking out title insurance may be a valuable option to consider. There are many risks involved in buying a property, including illegal building works, boundary defects and non-compliance with development laws, to name just a few. Title insurance may protect you against these risks. Doesn’t my settlement […]

PEXA rolls out E-conveyancing in WA

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Open for business The much-anticipated national electronic conveyancing platform opens for business in Western Australia this May.  Property lawyers and settlement agents will be able to lodge some Landgate documents electronically and complete financial settlement online for the first time. Training This week Property Exchange Australia Limited (PEXA) conducted training for WA settlement agents and […]

Auditor-General: Low risk of property fraud in WA

By on in Selling

Western Australia’s auditor-general Colin Murphy is confident new measures to reduce the risk of fraudulent property sales are strong. Sound oversight In February 2015, the auditor-general released his report into the regulation of the state’s real estate agents and settlement agents and found the state has sound oversight in place, and the risk of direct […]

Don’t get stung by the duty lodgement deadline

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What is transfer duty? Transfer duty is a state government tax imposed on all dutiable transactions over dutiable property in Western Australia. Most transfers of real estate attract transfer duty at ad valorem rates – ie according to the value of the transaction.  A transaction becomes dutiable and an obligation to lodge it for assessment […]

E-conveyancing to cut settlement costs and save time (we hope!)

By on in Buying, Selling

The Electronic Conveyancing Act 2014 (WA) has now taken effect, paving the way for digital lodgement of documents in Western Australia. Under the new legislation, settlement agents, lawyers and lenders who are subscribers to the Property Exchange Australia e-conveyancing platform (PEXA) can lodge documents and complete settlements electronically instead of using paper. National roll-out The multi-million […]

Measure-up before you take the plunge (swimming pools and fences)

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Properties with pools are a popular choice in WA.  Here are some water-safety tips for buyers. Swimming Pools The Building Act 2011 (WA) mandates that a building permit is required prior to the construction of a swimming pool or spa. Swimming pool fences Australian Standard AS 1926.1-1993 requires a compliant safety barrier for swimming pools […]