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Author: Melissa Warbrick

Is it a good idea to make a Contract for Land subject to satisfactory Soil Testing? Yes! We would recommend that a Contract for the Sale of vacant land be made subject to satisfactory soil testing. Soil testing will allow a Buyer to determine what the...

What happens if the property is damaged before settlement? A Seller has an obligation to take reasonable care of a property until settlement even though the property is at the Buyers risk from 5.00pm on the first business date after the Contract date. If the property...

Can a Buyer rely on the Seller’s insurance policy cover even though the property is at the Buyer's risk? It is important that a Buyer obtains their own insurance for a property  on the first business date after the Contract date as the property is at...

What is a Form 1 Transfer document? As settlement, a Seller is required to hand over a correctly signed original Form 1 Transfer document to the Buyer in exchange for the purchase money. There are very strict rules set out in the Land Titles Practice Manual...

What is a Community Management Statement? A Community Management Statement (CMS) is an important document created when developing Lots as part of a Community Titles Scheme. A CMS contains important information regarding the Scheme including the Bi Laws of the Body Corporate and Exclusive Use areas. We...

Should I obtain advice before signing a Contract when purchasing a property with a Self Managed Super Fund? Yes! It is crucial that prior to buying a property with a Self Managed Super Fund you seek your accountant's advice to ensure that it is compliant with...

Welcome Back! On behalf of the staff at Ownit Conveyancing we would like to say Welcome Back! We are looking forward to working with you all through the coming year and will again be keeping you updated with our weekly Fast Fact. If there are any topics...

On behalf of the staff at Ownit Conveyancing we take this opportunity to wish you and your families a very Merry Christmas and a safe and enjoyable New year! We thank you for your support throughout the year and look forward to working with you...