Conveyancing News
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Coronavirus – COVID-19 January 2022 Latest Update
Here at OWNit we have taken steps to implement policies and procedures to ensure that we are able to continue to represent our clients during these unprecedented times. We are able to settle electronically via PEXA as well as complete verification of identity using facial recognition technology, without our clients
Merry Christmas from Ownit
To all of our clients and friends of Ownit we would like to take this opportunity to thank you for your support during 2021. 2021 has been a busy year for the property industry and
Deposit Amounts
Q- Are you unsure of what deposit to offer when entering into a contract? A- It is important to remember that the deposit amount on the contract cannot exceed a total of 10% of the
Settlement before Christmas
Buyers and Sellers are often eager to complete their settlement prior to the end of year shut down. The following requirements must be met prior to settlement being brought forward: 1. Documents in order;
3 Things You May Not Know About Cooling-off Periods
So, you’ve just signed the paperwork for that dream home. Congratulations! But what if you have a change of heart? This might happen for several reasons. Perhaps you learn that your bank won’t cover your monthly
Disclosure Statements
It is important to remember to include the disclosure statement with the contract prior to the buyer receiving it to sign. The seller is required to provide relevant disclosure to the buyer prior to the
Property condition at settlement
Moving in and out of a property can be a tedious task. So what condition does it need to be left in to ensure compliance with the contract? The terms of the contract provide that
When the buying entity is a Company
Q- Did you know that a registered company has the same legal rights to purchase property as an individual? A- A registered company is considered a legal entity just like an individual person and as
Amending the conditions of the contract after signing
Q- The contract has been signed by I now need to add a special condition, can the contract be changed? A- Once the contract is signed, it can be difficult to make amendments unless all
Early Possession v Early Access
There is often confusion from buyers and sellers alike between early possession and early access. Early possession is taking full possession of the property and moving in like the property is yours (subject to terms
Early Possession
We all know that moving house is extremely stressful and being able to move in prior to the settlement date can take stress off the buyer so that the move in process is smooth sailing.
Coronavirus – COVID-19 August 2021 Latest Update
OwnIt Conveyancing have taken steps to implement policies and procedures to ensure that we are able to continue to represent our clients during this lockdown. Good news for those wanting to continue to settle during
Bringing the Settlement Date Forward
When all parties are eager to settle the property early, we may be able to negotiate to bring the settlement forward.Before making any requests, it is important that both the buyer and seller’s banks are
