Upon purchasing a property in Australia, the “Title” to the land is acquired. A Certificate of Title will be issued to record the transfer of ownership and may refer to qualified or limited title on the document. These notations are given to titles which have been...
On Wednesday 3 June 2020, the Federal Government announced their intention to offer grants worth $25,000 for eligible Australian’s building or renovating their homes between June and December 2020. The stimulus aims to boost demand of construction, which has...
Sometimes a purchaser does not have sufficient cash to pay the usual 10% deposit when purchasing a property. While there is sometimes the option to pay lesser deposit, a deposit bond can provide an alternative. The deposit bond is effectively a policy document that...
Can I buy with my parents and still be eligible for first home benefits? Receiving financial assistance from a family member or other non-eligible first home buyer may be the only way you can get your foot in the real estate door. How does this affect your eligibility...
The time since Contracts were exchanged has quickly passed and you’re now getting ready to settle on the purchase of your home. But what else should you be doing now? A pre-settlement inspection should be arranged with the real estate agent (or the seller direct, if...
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...
