Author: Tony Cheney

Posted by Tony Cheney Conveyancing

FOREIGN RESIDENT CAPITAL GAINS WITHHOLDING

There have been changes to the “Foreign Resident Capital Gains Withholding” (“FRCGW”) rules. FRCGW first applied to vendors disposing of certain taxable Australian property under contracts entered into from 1 July 2016.   New rules for FRCGW apply to vendors of certain taxable property under contracts entered into from 1 July 2017. The changes will […]

Posted by Tony Cheney Conveyancing

CONVEYANCING BASICS – HOW LONG UNTIL I CAN MOVE INTO MY NEW HOME?

You have found the property that you will soon call home. Contracts have been signed by all parties and have been exchanged so the deal is binding on you and the seller. But how long do you have to wait until you can move in? The standard settlement period (that is the time between exchange […]

Posted by Tony Cheney Conveyancing

E-CONVEYANCING IS ON THE MOVE

Victor Dominello, the Minister for Finance, Services and Property, has recently announced that by July 2019, all standard property transactions in NSW will be conducted electronically and all Certificates of Title will be phased out in favour of e-Titles. e-Conveyancing provides an option for parties to complete property transactions electronically. PEXA is the organisation which […]