Unfortunately the price on the contract of sale for the property you are buying is not the total amount you will be required to pay at settlement. What many people fail to take into account and budget for is the price of the transfer duty that is payable on the purchase.
Buying a Property to Renovate – Conveyancing Searches:
You only have to go for a quick drive down a suburban street to see how popular the renovation game has become, with home owners making big changes to their property, spurred on by the latest raft of renovating TV shows gracing our TV screens. In Brisbane it’s grand old Queenslanders that are receiving all the attention, while weatherboard beach shacks are in vogue on the Gold Coast.
Buying an Investment Property - Transfer Duty Guide:
So You’ve Purchased a Property – What About Insurance?
So you’ve taken the plunge into the property market and purchased a property. First of all, congratulations! Deciding to buy a property is a big step forward. But here’s a tip, have you considered insurance? We know, you’ve only just signed the contract of sale and you won’t actually own the house for a while yet, but what you’re probably not aware of is that the property is already you’re responsibility.
Conveyancing Searches – Searching the Personal Property Securities Register:
Conveyancing Searches - The Queensland Heritage Register:
When purchasing a property in Queensland your conveyancing solicitor will undertake a number of searches on the property in preparation for settlement. These searches are designed to provide you with more information about the property in order to ensure that the property is free from defects and not subject to any encumbrances or restrictions. It’s important that when so much money is on the line you know exactly what you are buying.
Conveyancing Searches – Contaminated Land Register:
When you a buying property in Queensland, as part of the conveyancing process your solicitor will undertake a number of searches on the property. Making the decision to buy a property is not to be taken lightly, especially given the large amount of money involved, so it’s important these searches are undertaken to ensure the property is free from defects and as described in the contract of sale.
Conveyancing Searches – QCAT Tree Register:
When you purchase a property in Queensland your solicitor is required to carry out a number of searches on the property as part of the conveyancing process in order to prepare for settlement and to ensure that the property you are purchasing is free of encumbrances and defects and is as described on the contract of sale.
Buying a Property - Transfer Duty in Queensland:
Selling Your Property – The Conveyancing Process:
The conveyancing process in Queensland varies significantly depending on whether you are buying or selling a property. The sale process is much simpler than the purchase process, which is why your conveyancing solicitor charges much less, however there are still important steps to follow and complete as part of the sale process.