Buying a property off the plan means it is under construction or not built yet. Why do people do this and what should you consider before doing so? Let’s find out. It’s vital to consider several factors before you sign a contract to buy a property off the plan and KDD Conveyancing can fill in […]
Sometimes, a buyer does not or cannot pay their property deposit on time. What are the potential implications? Here are some tips on what preparatory actions to take and why. WHAT DOES PAYING A DEPOSIT MEAN FOR PROPERTY SETTLEMENT IN PERTH? WHAT IS A DEPOSIT? A deposit is a sum of money paid by the […]
Let’s look at how Conditions differ from Warranties in the O&A when conducting property settlement in Perth; what to look out for during pre-settlement inspections; and what rights and responsibilities buyers and sellers have to delay settlement in the event that a condition or warranty is not adhered to.
Further to our previous blog post which provides definitions on strata terminology and tips on selling a strata titled property, here’s what to look out for from the buyer’s viewpoint. Are you in the process of buying your first strata unit? You love the convenient location, gated safety, view from the balcony, and the fact […]
WHAT IS STRATA A strata, as in strata titled property is a form of property ownership. It allows someone to buy and own part of a larger building or property with subdivisions called lots, for residential, commercial, or industrial use. Typically, the buyer purchases their own lot (for example, one of several apartments, units, townhouses, […]
With the Australian property market experiencing a surge in demand, many consumers are experiencing settlement delays due to their lender being overwhelmed, and unable to meet the contracted settlement date. A combination of recent federal and state government support programs, as well as record-low interest rates, are considered to be the key drivers of the […]
As the weather starts to cool, it’s only too tempting for homeowners to be dormant about home and property maintenance. Here are some of KDD Conveyancing‘s top winter home maintenance tips to make it easier to take action! Your reward? Taking small preventive actions now can reap you a host of benefits in future. GREAT REASONS […]
You may have heard about the advantages of buying property under a trust, and be curious about what it is and if it’s right for you. Here’s a quick brief to understand the gist of it, courtesy of the KDD Conveyancing experts. WHAT IS A TRUST? A trust is a fiduciary relationship between legal entities, […]
Even when you’re selling a property to a family member, there are still legal obligations to which you must adhere. For instance, you are still required to meet RCD and smoke alarm compliance, and legal obligations such as the ATO’s Foreign Resident Withholding and GST at Settlement. It is important to understand that selling a house […]
The process of selling or buying a property can be a stressful time for buyers and sellers. What can make it even more stressful is a delay in settlement. These delays occur when the buyer or seller is unable to meet the agreed date and can have many consequences. THE TOP CAUSES OF SETTLEMENT DELAYS The […]
