Blog
Category: Conveyancing & Property Law
Calculating rates and other expenses when buying or selling property
In this article, we outline how the balance to be paid by a purchaser on completion of a property conveyance, is calculated when considering these rates and expenses.
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Pre-purchase property inspections NSW
When purchasing property in NSW, it's important to take steps before exchanging contracts, including if purchasing at auction or where no cooling off period applies, to ensure you know the property and how you are going to purchase it.
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Electronic witnessing of legal documents is here to stay
The remote witnessing of important legal documents such as Wills, Statutory Declarations and Affidavits over audio-visual link technology is now here to stay in NSW!
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Transferring property to a spouse or partner after death
If you own property in NSW and intend for the title in the property to pass to your spouse in the event of your death, the process of ensuring this occurs is different depending on how the property is owned
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NSW paper Certificates of Titles abolished October 2021
As part of the transition to an entirely electronic conveyancing system, the NSW Government abolished all paper Certificates of Title in New South Wales on 11 October 2021.
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At what point of my NSW property transaction will stamp duty be payable?
Stamp duty (now called transfer duty in NSW) is a tax imposed by the NSW Government upon the transfer of the title to the property from a Vendor to a Purchaser. In this blog, we look at when NSW stamp duty is payable on property transactions for both commercial and residential properties.
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Stamp duty exemptions when transferring property to include a partner or spouse
If you own property in NSW in only your name, it may be possible to add your spouse or partner to the title of the property without incurring stamp duty. This blog is intended to explore some of the important considerations before you proceed further with adding your partner to the title.
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The risks of rushing to unconditional exchange of contracts
When purchasing a property by negotiation there can often be an urgency to exchange contracts quickly in order to secure the property at the price agreed and to lock out any other potential purchasers. This can be fraught with risks for the purchaser.
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Buying or selling property in NSW – when to involve your lawyer
The number of things you need to consider when buying or selling residential property can be intimidating, particularly when it is your first time buying or selling, or if it has been a long time since you last went through it.
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Land tax liability when property is held in a trust
If property is held in a trust, then depending on the type of trust, there are different rules and requirements in respect of how land tax is treated.
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Do you need a property co-ownership agreement?
With the rising cost of housing, particularly in Sydney, situations of co-ownership of property between multiple persons are becoming more common. In this article, we look at seven scenarios where having a co-ownership agreement in place could be beneficial.
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Who pays land tax and how is it calculated?
Many people have received correspondence from Revenue NSW with an invoice for multiples years of land tax because they did not know they were liable for land tax and had not registered. Find out if you have to pay and how much you might have to pay.
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