Are you aware that your build might have extra costs to meet the requirements of Bushfire Attack Level (BAL) assessment/report being obtained and being below a certain level to ensure building is less prone to bushfire loss.These requirements monitored by the local council could add thousands of dollars to your build costs. More information might be obtained here along with map of prone areas.https://www.dfes.wa.gov.au/waemergencyandriskmanagement/obrm/Pages/default.aspx The building standards are not retrospective. Only new class 1, 2, 3 or 10a buildings (and additions/extensions in certain...
Spring time sees more property settlements and transactions across Australia than any other season, according to leading conveyancing technology experts GlobalX.GlobalX CEO Peter Maloney said from September to November the grass is greener, gardens are in full bloom and the weather is comfortably warm, making for optimal house selling conditions.Mr Maloney said spring sales were often driven by the desire for a new beginning, with individuals, couples and families preferring to move before the end of the year.“Buyers who have...
Things could be looking up for homebuyers, with a new report forecasting a drop in property prices over the next three years. But could this also signal the end of the Australian property market golden era?According to BIS Shrapnel’s Residential Property Prospects 2016-2019 report, median house and unit prices in our capital cities will be lower by 2019. This is due to a perfect storm of slower population growth, falling immigration levels and an oversupply of new homes.The Australian Prudential...
FOR LAND CREATED DURING 2015-16 AND STILL OWNED AT 30 JUNE 2016Land Tax Assessment Act 2002 section 43A As at 1 July 2016 Section 43A of the Land Tax Assessment Act 2002 provides a concession for the amount of land tax payable on subdivided lots owned at 30 June each year.This concession allows subdividers to pay land tax and metropolitan region improvement tax on the lower undeveloped or englobo value of land holdings, rather than the full subdivided value of lots, for one year...
AICWA recently advised members of the decision by The Registrar of Titles Ms Jean Villani to introduce a change of lodgement processes by August 1st 2017.On August 1st this year, Landgate introduced changes to lodgement process affecting mortgagees, specifically, for the electronic lodgement of mortgages and discharges of mortgages (via PEXA).It is now envisaged that the next step towards paperless conveyancing is for the scope of eligible document types to be broadened so as to include: Transfers Caveats and withdrawals...
Why does it matter that ‘A1 Conveyancing are a BETA tester for CSolutions Pty Ltd Software solution of Setts Plus’ and what does it mean to you? A1 Conveyancing like to be able to deliver you the best stress free settlement service possible in updating Real Estate property ownership for you. We often volunteer to test leading industry innovations like CSolutions advanced integration into PEXA (e-settlement) to remain at the forefront of Customer Service & Innovation. CSolutions ‘Setts Plus’ software is a Western...
