Transfer Home Ownership

Transfer Home Ownership
Buying or selling is not the only time a Victorian title changes hands. Every week Melburnians gift properties to children, add a spouse to the title, adjust ownership after a break-up, or tidy up a deceased estate. The paperwork may feel arcane, yet a sound transfer protects both the outgoing an... Read More

What is General Condition of Contract?

what is general condition of contract
Buying or selling property is one of the biggest financial decisions most Melburnians will make. At the heart of every transaction sits the Contract of Sale, a stack of pages that can look alarmingly legalistic. The first part of that contract, and the part lawyers pore over first, is a set of ru... Read More

What is a Deposit Bond

What is a Deposit Bond
If you have been scouring Domain or realestate.com.au recently you will know that homes across Melbourne often sell within days. Sellers still expect the standard 10 per cent deposit when the contract is signed. Getting that much cash together at short notice can be tough, especially when your fu... Read More

Can a buyer pull out of an unconditional contract?

can a buyer pull out of an unconditional contract
If you have just won an auction in Brunswick or signed a private-sale contract in Frankston without any special conditions, you have almost certainly been told that the agreement is "unconditional" and cannot be broken. That statement is mostly true, yet not entirely. Victorian law still provides... Read More

How to find encumbrances on property

How to find encumbrances on property
Few things sour a property purchase faster than discovering, after settlement, that you cannot build a garage, extend upwards or even fence your land the way you planned. In most cases the culprit is an encumbrance: a legal or financial interest that someone other than you holds over the land. Mo... Read More