NEWS2020-03-15T11:57:13+10:30
2702, 2020

COVID-19 and buying and selling Property

By |February 27th, 2020|Categories: Conveyancing News|

Yes, you can still buy and sell property during the Covid-19 crisis. Real Estate agents are adapting to the changes announced by the Prime Minister in relation to bans on open inspections and auctions as a measure to stop the spread of Covid-19. Many agents are offering private and/or virtual inspections together with online auctions. There is strong buyer interest possibly due to the low interest rates and drop [...]

302, 2020

Transferring property between family: Insights from a Conveyancer.

By |February 3rd, 2020|Categories: Conveyancing News|

There are many reasons you might need to transfer property between family members. From divorce to succession plans, to married or defacto relationship transfers, as well as recently separated couples. Transfer of property can include all or part of an ownership of the matrimonial home or family property. At Strathalbyn Conveyancing, we often encounter clients who are under the impression that a transfer of family property should somehow be [...]

812, 2019

The Changing landscape of Conveyancing

By |December 8th, 2019|Categories: Conveyancing News|

Over last 5 years, our industry has seen a number of major changes since the adoption of the Torrens Title system in 1858. Torrens Title The Torrens Title is proudly a South Australian invention that revolutionised the method of recording and registering land ownership. The purpose was to provide certainty, or indefeasibility, of title to land. The Torrens Title is named after its inventor, Sir Robert Torrens, who was [...]

411, 2019

Fencing, Boundary and Encroachment Matters

By |November 4th, 2019|Categories: Conveyancing News|

Fences built between neighbouring properties should be positioned on the property boundary. A property boundary defines the extent of legal ownership of a parcel of land and can only be determined by a licensed surveyor. A fence shouldn’t be relied upon as an accurate representation of the boundary line, as it doesn’t alter the actual boundary location or the legal rights regarding the ownership to land. Who owns the [...]

110, 2019

What is an Easement?

By |October 1st, 2019|Categories: Conveyancing News|

An Easement is a right to use part of land belonging to someone else. Easements are usually, but not always, registered on your Certificate of Title. There are 2 types of easements; Private and Public. Private easements are between two private property owners usually for rights of way or party walls. Public easements are usually for the supply of utilities; power, water or gas. If an easement is registered [...]

3008, 2019

Subdividing Land

By |August 30th, 2019|Categories: Conveyancing News|

How do I subdivide my land? This is a common question that we get from clients. The Process The process of subdividing land can be quite time-consuming, complex and expensive. Subdividing or land division includes the following: The alteration of the boundaries of land, The division of land into at least 2 or more allotments, and Large scale developments containing numerous allotments. Dividing land is a complex process and [...]

2607, 2019

Proposed Land Tax amendments – Are you ready for a big increase?

By |July 26th, 2019|Categories: Conveyancing News|Tags: |

As part of the State Budget 2019-20, the Government announced amendments to the Land Tax 1936 Act, subject to the approval by Parliament. The proposed amendments will introduce new land tax aggregation provisions to apply from 30/06/2020. How is land tax calculated? Currently, land tax is calculated based on the legal ownership of land. This has allowed individuals to create separate entities and ownership structures to enable land tax [...]

107, 2019

RATES AND TAXES – How are they adjusted at Settlement?

By |July 1st, 2019|Categories: Conveyancing News|

With a new Financial Year upon us, we thought it pertinent to discuss the adjustment of Rates and Taxes as part of a property settlement. This in an important task This task is performed by your Conveyancer when buying or selling property. What adjustments are made? The most common adjustments made are Local Council SA Water Rates Emergency Services Levy Land Tax (if the property is a Strata Unit [...]

3005, 2019

What a May we had!

By |May 30th, 2019|Categories: Conveyancing News|

Wow! What a May we have had at Strathalbyn Conveyancing. Firstly, after years of study, Karen is now licenced as a Registered Conveyancer. This is an exciting time, as this has culminated in studying all aspects of Conveyancing and legal requirements for the Land Registry System in South Australia. Karen is friendly, meticulous and looks forward to assisting you in your next property transaction. Secondly, Nicole attended the National [...]

2305, 2019

Foreign Ownership Surcharge

By |May 23rd, 2019|Categories: Conveyancing News|

Foreign Ownership Surcharge and The ‘Ten Pound Pom’ Dilemma Tuckfields recently had a delayed settlement whereby a purchaser did not realise they were considered a “Foreigner” under the Foreign Ownership Surcharge. This Surcharge came into effect on 01/01/2018. In simplified terms, any ‘foreign person’ purchasing Residential Property is required to pay a 7% surcharge on the purchase price of that property. eg a property purchased for $100,000 will attract [...]

504, 2019

DELAYED SETTLEMENT – Penalties May Apply

By |April 5th, 2019|Categories: Conveyancing News|Tags: , , |

Beware – make sure that you have arrangements in place to settle on time. If settlement of the sale of a property does not occur on the contracted settlement date, the defaulting party may incur financial penalties. Most contracts for sale and purchase will state that the party not in default is entitled to apply a penalty in the form of default interest. Standard form contracts vary in establishing [...]

1902, 2019

Why do I need a Conveyancer?

By |February 19th, 2019|Categories: Conveyancing News|Tags: |

Buying or selling property is one of the biggest and most important financial decisions you will make. It can be an exciting time, however, it can also be complex and involve a pile of paperwork. What is Conveyancing? Conveyancing is the process of transferring the ownership of property from one person to another. Conveyancers are usually engaged after the contract has been signed with a Real Estate Agent. It [...]

2301, 2019

Introducing Strathalbyn Conveyancing

By |January 23rd, 2019|Categories: Conveyancing News|

Strathalbyn Conveyancing, formerly Chris Rodgers Conveyancing, have provided professional Conveyancing advice to the Strathalbyn area for over 30 years. Our business The business was first opened in 1988 by Chris Rodgers in Albyn Terrace. Soon after they tool over the practice of GW Montgomery and Son and moved into Dawson Street where Chris’ business grew to include Heather Harley as receptionist. Nicole Cleggett joined Chris as a Conveyancer’s Assistant [...]

3004, 2018

Why Should You Use a Conveyancer for Property Settlement?

By |April 30th, 2018|Categories: Conveyancing News|

When you part with your savings to purchase a property, you need to make a decision about whom you will choose to do your conveyancing. Choosing a specialised conveyancer will not only save you time, it will save you money long term. Expert Knowledge in Conveyancing in South Australia There is a lot of documentation and property knowledge required when it comes to property conveyancing. Conveyancers have concentrated knowledge [...]

3004, 2018

Buying or Selling Property – Talk to Strathalbyn Conveyancing

By |April 30th, 2018|Categories: Conveyancing News|

The process of buying or selling property in South Australia can be overwhelming. As expert Conveyancers, we work with you to ensure that the transaction goes smoothly. We can draw up contracts for sale, add relevant clauses to your agreement, and ensure that the contract is designed to meet your needs. We take care of the entire legal side of your sale or purchase, freeing up your time and [...]