Archive for March 2015

So you’re in the beginning stages of a real estate transaction or have already started the conveyancing process and the professionals you are dealing with tend to be using some language you don’t understand. Do you let it slide or should you ask questions? Definitely ask questions. Conveyancing is a legal process of transferring the…

You’ve saved your deposit (apparently it takes three years for a couple to save $94 000; the deposit required for a median priced home in Perth) and you’ve spotted a house you would like to buy when a friend asks, “So, who’s your settlement agent? I hear you should choose one before you choose your…

Stamp duty is a tax placed on legal documents, usually in the transfer of assets or properties. Each Australian state and territory has its own legislation for stamp duty and in Western Australia it is the Duties Act, 2008. Simple enough? Then, let’s dig a little bit deeper! One of the largest and sometimes unexpected…