Buying or selling a property is a major financial transaction, and the settlement process involves more than just handing over the keys. An important aspect often overlooked is the settlement adjustment sheet (also known as the settlement statement). Settlement...Read More
Strata living has become a cornerstone of urban life, offering convenience and potentially more affordable housing options for many Australians. Living in a strata scheme can offer benefits such as shared amenities and a sense of belonging within a community. However,...Read More
Buying ‘off the plan’ generally means purchasing a property that is not yet built. It might also involve buying a vacant lot in a planned subdivision. Unlike buying an existing property, a purchaser’s decision is based on plans and designs as opposed to a finished...Read More
A conveyancing transaction involves transferring legal title (ownership) of real estate from one party to another. For most people, buying or selling property is one of the highest-valued transactions they will ever make, and the legal work is usually referred to a...Read More
Identifying and understanding easements in a property transaction is an important part of the conveyancing process. Vendors are required to disclose all easements affecting the land they propose to sell in a property contract, and buyers should ensure they are aware...Read More
Life throws us obstacles now and then and it’s not uncommon for some of these to challenge our financial security. Mortgage stress – when we struggle to meet our home loan repayments – probably affects more people than you think. The Reserve Bank of Australia’s...Read More
