Categories for Selling

e-Settlement may roll over-What is the latest time slot for e-settlement

17/8/2020
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‘Looks like Settlement may roll’. What is the latest time slot my e-settlement can happen? This can happen if ALL participants have not completed all their tasks and signed off to make ready by the booked start time, it automatically gets post-poned every 30 minutes (½ hour) till about 14.00hrs (WST) during Daylight saving -also on Eastern state public-holidays or 15.00hrs (WST) which is 17.00hrs E(D)ST as that is when most of the staff at the Reserve Bank of Australia...

Buying & Selling in a Pandemic

17/4/2020
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Property Tips Buying & Selling in a Pandemic While buying or selling a property may not be high on everyone’s “to-do list”, there are many reasons and circumstances why property will continue to be bought and sold in the coming weeks and months. For the time being property professionals along with the government agencies who support the transfer of property are all open for business. If you are looking to buy or sell here’s what you need to know… Sellers...

Biosecurity and Agricultural Management (BAM) Act and Settlement

6/4/2020
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Biosecurity and Agriculture Management Act 2007 Western Australia’s defences against potentially devastating pests and diseases were strengthened with the Biosecurity and Agriculture Management Act 2007 (BAM Act) coming into effect on 1 May 2013. What the BAM Act does. The BAM Act and associated regulations were enacted on 1 May 2013. The new BAM Act takes the place of 16 older Acts and 27 sets of regulations with one Act and nine sets of regulations and enhances protection of the...

Moving or relocating across WA regions -travel exemption COVID-19

1/4/2020
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Due to the COVID-19 state regional restrictions as of midnight 31/3/2020 (https://www.mediastatements.wa.gov.au/Pages/McGowan/2020/03/WA-travel-restrictions-come-into-place-from-midnight-Tuesday.aspx) if you are moving across regions (within WA) to travel to your new home… Clients Who Are Relocating Across Regions or the BOUNDARY CHECK https://www.mainroads.wa.gov.au/AboutMainRoads/News/Pages/COVID-19.aspx & https://www.wa.gov.au/organisation/department-of-the-premier-and-cabinet/covid-19-coronavirus-regional-travel-restrictions UPDATE: 1 May 2020  visit the above WA.Gov.Au link to get your ‘G2GPass’ and app on the above link.

Can a Deceased Joint Tenant Buyer Or (minor) under age of 18 – be e-settled within scope in WA?

16/1/2020
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Question: Can a Minor, or Deceased Joint Tenant Buyer – be settled within an e-settlement scope in WA? A: You may know that the Client Authorisation Form (CAF) immediately ends upon the death of that client (except in South Australia -ref https://www.arnecc.gov.au/__data/assets/pdf_file/0012/698718/MPR-Guidance-Note-1-Client-Authorisation.pdf). Office of State Revenue (OSR) using Revenue-On-Line (ROL) might have an issue with an incompletely signed substituted buyer form. Unless the surviving Joint-Tenant is able to execute for the deceased and provide the Death certificate as evidence with...

Finance Formally Approved, or Contract now unconditional – what is next?

27/12/2018
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We usually send our clients ALL the required ‘wet-ink’ paperwork with our initial postal package. Sometimes we need to allow for the other party to complete certain forms first, so thanks for your patience and understanding if you receive more than one form requiring ‘wet-ink’ execution. Buyers;That Loan Amount on the Unconditional/Formal approval is usually NOT the exact amount your lender will make Available as Funds (aka funds your lender will bring) for Settlement.The Lender will usually take their fees...