Author: Shane
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Section 32 Vendor Statement
The Section 32 Vendor Statement is a legal document that the seller prepared to an intending purchaser. It is regulated by section 32 of the Sale of Land Act of Victoria These information must be included in the Vendor Statement -Building approvals -Building Guarantee (owner builders) -Insurance (owner builders) -Restrictions -Outgoings and Statutory charges -Notices… Read more
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How to get Title Search fee in NSW
There are some common disbursements fees, including Title Search, Council Rates Fee, Water Rates Fee, and Transfer of Land fee, regardless of the property type. Here I would discuss how to know how much they cost and what is the official information in both NSW and VIC. Read more
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landata.online
While completing the learning activity—Preparing a Conveyancing Quote and Costs Disclosure—I finally understand how to use the VIC Landata website. To get started, visit https://www.landata.online/title-search/ or navigate to landata.online > Products > Title Search, and click any of the banner buttons. Enter the address provided, 99 Swan St Richmond 3121, and you’ll find at least… Read more
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Cost Disclosure Agreement
When reaching out to a conveyancer, the most important question to ask is the cost of their services. Conveyancer fees generally consist of two parts: their professional fee (plus 10% GST) and disbursements. The total fee can vary depending on individual circumstances. For example, Australian residents or PR holders may not require foreign approval, and… Read more
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Stamp Duty Calculator
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Update: Strata
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Update: Surcharge Purchaser Duty
Surcharge Purcha Effective Date 1 January 2025 Change Surcharge Purchaser Duty rate has increased to 9% Result Purchasers You check original content from Revenue NSW https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/transfer-duty/surcharge-purchaser-duty Transactions dated From 1 January 2025 9% 1 July 2017 – 31 December 2024 8% 21 June 2016 – 30 June 2017 4% Read more
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Update: FRCGW changes
Effect Date 1 January 2025 Change * Threshold removed* Withholding rate increased from 12.5% to 15% Result for vendors Must apply to ATO for Clearance Certificate to avoid the withholding amount.Application takes up 28 days to process, so early action is encouraged. FRCGW stands for Foreign Resident Capital Gains Withholding, ATO QC48972 has official information.… Read more