Blog - Pearson Chambers Conveyancing

What Does "Due Diligence" Actually Mean?When people say 'do your due diligence', they're talking about a simple idea. It means taking reasonable steps to investigate a property before you're stuck with it. In real life, that's less about fancy reports and more about asking the right ques... Read More

You spot a 'sold' sticker slapped across a board on a quiet Brunswick street and wonder what that really means. A mate says the contract just went unconditional. Another insists it is not truly sold until settlement day. You can almost hear the tram rumble past as you weigh it up. Let's cut the n... Read More

If you have been house hunting around St Kilda, Elwood or Hawthorn and spotted a listing that says 'stratum title', you are looking at an older style of ownership that still pops up across Melbourne. In simple terms, a stratum title usually gives you two things at once: ownership of your individu... Read More

The short answerIn Melbourne, a 'strata title' property is simply a home you own inside a larger complex, where you share parts of the land or building with your neighbours. You own your individual lot outright, and you also share ownership of the common bits, like hallways, driveways, l... Read More

The Short AnswerIn most Melbourne purchases, the final inspection is your last check that the place you are buying is in the same condition as when you signed, fair wear and tear aside. It is not a magic button that lets you cancel the deal on the spot.If you uncover issues, the u... Read More