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Stamp Duty explained in South Australia

Are you about to enter the real estate market and struggling with the idea of paying a substantial amount of money, on top of the purchase price, for stamp duty? Firstly, let me explain what stamp duty is. Stamp duty is a tax and is payable to the state government. As with other taxes, the […]

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Cyber-Crime Advice

Recently in Australia, there have been victims of conveyancing fraud resulting in purchasers loosing nearly 1 million dollars to cyber-crime in South Australia alone. The issue is currently being investigated and the Australian Institute of Conveyancers has released guidelines to protect parties to transactions. As a party to a property transaction, there may be circumstances […]

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More than just bricks and mortar – Understanding Form 1 Disclosure Statements

Did you know that there are many hidden facts about a house that you need to tell a potential buyer about before you can sell? Just like a building inspection will reveal the hidden secrets behind the walls in a house, the Form 1 will explain all the hidden legal secrets that are not written […]

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Form 1 Part D – Agent’s Certification

There is ongoing debate in the real estate industry about who should be signing Part D of the Form 1. Conveyancers are constantly being told that they must sign (and therefore be liable for) the Agent’s Certification contained in Part D.  Geoffrey Adam, experienced property and commercial lawyer with the Australian Institute of Conveyancers, recently […]

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Buying off the plan and selling while under construction

Buying off-the-plan and selling while still under construction Often a developer will sell land “off the plan” to have sufficient funds to construct buildings. Usually a minimum number of buildings will need to be sold before construction can begin. A deposit is usually paid when a contract is made between the developer and the purchaser, […]

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