A1 Conveyancing based in Joondalup & Osborne Park Perth Western Australia
Call Us At: 08 9300 9750

Trade Secrets

E-Conveyancing is merely e-settlement

9/5/2015
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E-conveyancing as touted by PEXA is coming to WA soon, but just to clarify some points of misconception around e-conveyancing in Perth WA; Nomenclature; the misnamed “e-conveyancing” does not encompass the entire process of transferring property into some other persons name. Merely the electronic equivalent of the final stage of the conveyancing process often referred to as “settlement” which includes booking, title check, attending settlement, lodging title forms, and funds distribution. Thus more apt term would be “e-settlement”. That process (at least in current manual process)...

Landgate updates fees

8/5/2015
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In case you were wondering Landgate have increased their fees from 1/7/15. Fees_after_1_july_2015_100k_-_3.4m_email.pdfDownload Fi Regulated products and services From 1 July 2015, some of Landgate’s regulated products and services will be subject to new fees by no more than the Consumer Price Index (CPI) increase of 2.6 per cent*. New Registration and Search Fees Payable from 1 July 2015 have been approved by the Governor of Western Australia in Executive Council. The current 2014/15 Registration and Search fees are located on Landgate’s Forms...

Strata Reforms Could Change the Face of Urban WA

5/5/2015
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Long-awaited reforms to strata laws in Western Australia promise to have a dramatic impact upon the state’s urban landscapes by fostering the creation of dense infill developments and raising the sustainability of the built environment. Amendments to Western Australia’s strata laws have long been waiting in the wings, with the Barnett government flagging reforms toward the end of 2013 in the wake of the NSW’s government’s unveiling of proposed overhauls to its own system. The proposed changes that are being...

First Home Owner Grant (FHOG) for FIFO’s

12/4/2015
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Just in case you missed it, the $3000 First Home Owner Grant was removed for eligible contracts dated from and including 3 October 2015. Here’s the run down… The good news is this only affects existing residential properties. However where eligible you should still be able to attain the ‘First Home Owner Transfer Duty Concession‘ namely Nil duty for approved First Home Owners in the price $430k and under, then scaled up to normal levels up to $530k. The ‘New Homes‘ Grant of...

When writing Settlement Date as due x days from condition- please add one considerate word ‘notice’.

1/3/2015
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Just a tip for the Real Estate Offer and Acceptance Authors: When the settlement date mentions “x days from Finance Approval” please add one word “notice” so that the countdown to the settlement date can then begin once the seller or their agent actually receives the notice.  As some Brokers/Lenders/Buyers often forget or are simply unaware they should immediately forward the approval notice to the Seller’s side so they can also prepare for the settlement date.  Without ‘notice’ mentioned in settlement date x days from… would...

Author, Damien McDonnell

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Damien McDonnell betrothed to my first true love & father to 5 fantastic little persons and one food obsessed beagle.

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