Join the Residential Settlements’ referral network today! You’ve worked hard to get the listing. You’ve stood at home opens for weeks on end without a result. But at last, you’ve made a sale. All that stands between you and your commission is a finance approval and the settlement paperwork. Now, more than ever, you need …
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In March 2018, a young Perth girl was electrocuted after touching a garden tap which had become live because of an electrical fault. The incident left her with catastrophic brain injuries. Although the cause was likely a fault with the way the house was wired, the accident underscores the dangers of electricity in residential properties. …
Continue reading “RCDs and smoke alarms: Your rights and obligations”
In this article we outline changes to GST laws that affect relevant property transactions. These laws are set to take effect on 1 July 2018. This guide is intended to provide buyers, sellers and real estate agents with a guide to their withholding obligations. We aren’t tax advisors, lawyers or accountants. Please seek the appropriate …
Landgate’s Verification of Identity (VOI) requirements for property sellers within WA have been in place since July 2012. To date these measures have been an effective way of minimising the likelihood of fraudulent real estate transactions. Since then, updates to the Land Titles Registration policies mean there is now a requirement for VOI for property …
Continue reading “A Timely Reminder – Verification of Identity Now Required for Buyers”
If you’re buying an older property it makes sense to ensure it’s structurally sound before committing to the purchase. The most common way to obtain this assurance is to make your offer subject to a structural inspection. Because it’s so common, most agents make use of a ‘standard’ structural inspection condition that’s attached to the …
Continue reading “How the REIWA structural inspection annexure could compromise your legal rights”
Continue reading "6 things you need to do after accepting an offer"
Continue reading "6 things to do after your offer is accepted"
If you’ve bought a home using a standard REIWA Offer and Acceptance you’re entitled to complete a pre-settlement inspection. But your right to complete that inspection has limits, as we explain below. What is a pre-settlement inspection? A pre-settlement inspection allows you to check that the seller has complied with their obligations under the contract. …
Continue reading “A complete guide to completing your pre-settlement inspection”
Continue reading "Enduring Power of Attorney: Don’t overlook the details"