A MESSAGE FROM ownit

At Ownit, our top priority is the safety and well-being of our clients and staff during Cyclone Alfred. In light of the storm, we’ve made the decision to temporarily close our office to ensure everyone’s safety.

However, rest assured that your property transactions are still our focus! We’re implementing our Business Continuity Plan to ensure that our team remains available to support you during these challenging times.

While the office will be closed, our experienced legal team will be working from home and are ready to assist you remotely via phone and email.

Please do not attend our office this week. Our team is here to help and will be available to answer your questions and support you as we navigate through this storm together.

Stay safe, and thank you for your understanding.

Certificates of Title

Q. What changes are being introduced in respect of Certificates of Title?

A. From 1 October 2019, a paper Certificate of Title will become an item of historic or sentimental value only and will no longer need to be deposited with the Titles Registry when a transaction is lodged over the title. Until 1 October 2019, the current legislative provisions that govern paper Certificates of Title remain in place.


Related:
What are the essential elements of a contract of sale on lands?
Buyers Guide
Sellers Guide

TIP – Until 1 October 2019, Sellers need to ensure the security of their original Certificates of Title as these will still be required to be produced by the Seller at settlement.

Please don’t hesitate to contact us if you have any queries regarding the new changes, we are more than happy to assist.

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