The Australian Registrars’ National Electronic Conveyancing Council (ARNECC), has published Version 6 of both their Model Operating Requirements (MOR) and Model Participation Rules (MPR), with an announcement that they will come into effect from 12 April 2021. ARNECC, the body established to oversee and manage the regulatory framework for electronic conveyancing in Australia, had been consulting industry on Version 6 of […]
A WA family from Thornlie has had their property dreams shattered when they lost their entire $133,000 house deposit in a cyber-fraud recently. The couple had signed an offer to purchase a property in the southern-Perth suburb of Piara Waters and shortly after received an email purporting to be from their conveyancer requesting payment of […]
Government incentives, low-interest rates and favourable market conditions have seen WA experience a surge in first homeowners entering the market. The latest data from WA’s Office of State Revenue reports that FHOG applications and paid grants are at their highest levels since early 2016. In January 2019, 426 FHOG applications were received and 433 grants were paid, compared to […]
Buyers may not realise that mortgagee sales usually differ from regular property sales and often pose a number of risks. Despite the appeal of these properties, the sales are often far more complex with a number of legal conditions. With some of the finest settlement agents in Perth, KDD Conveyancing Services understands all of those risks and can […]
Buying or selling your property is one of the most exciting milestones for many people. It can also be an overwhelming process which means there are six essential professionals you need on your team – a property conveyancer, mortgage broker, property manager, financial planner, real estate agent and property inspector. Property conveyancing is one of the […]
WHAT IS VOI? Verification of Identity (VOI) is required whenever property is being sold or transferred in Western Australia in order to protect against land title fraud. Since the introduction of electronic conveyancing, both sellers and buyers are required to verify their identity before residential settlements or other conveyancing transactions can be completed. At KDD Conveyancing, we work with you […]
Settlements can become tricky when unexpected things happen and your property is damaged. This article covers the legal details around storm damage before a property settlement in Western Australia. The following information assumes your contract is covered by the Joint Form of General Conditions – JFOGC 2018 Version. For storm damage, Clauses 8 & 9 are the ones […]
Many buyers and sellers think the moment a contract of sale has been signed that the hard part is all over. They crack open the bubbly and celebrate! The reality, however, is that signing the contract is just the beginning of the property transfer process. All manner of delays or obstacles suddenly pop up when […]
If you want to buy a property in WA, there’s a chance that your ideal property already has tenants. While this can make a great investment, it can also complicate the buying process. At KDD, our expert settlement agents can help you buy a tenanted property smoothly. WHAT TO CONSIDER WHEN BUYING A TENANTED PROPERTY Consider your intentions […]
Have you heard of Title Insurance before? KDD Conveyancing is Perth’s leading settlement agency and we’ve prepared a resource to run you through the must-knows. So, what is it? WHAT IS TITLE INSURANCE? This area of insurance protects against potential risks that can impact the legal ownership of a purchased property (or your right to occupy and use […]
