Thinking about transferring a property from an estate or sorting ownership changes? Understanding how conveyancing fits into estate planning can save you time, stress, and unexpected costs. In this post, I’ll walk you through practical conveyancing tips that make estate transfers smoother and legally secure — so you can protect your assets and your loved ones’ peace of mind. […]
Purchasing property and nominating another buyer later might seem straightforward, but it carries risks—especially when land development is involved. If you nominate a new buyer i.e. before settlement, after any development activities, you may be hit with a second round of stamp duty, commonly called ‘double duty.’ Many buyers and even some professionals misunderstand what counts as land development, which […]
Stamp duty, or land transfer duty, is a tax paid when acquiring property. It’s calculated based on the property’s value and usage. Various concessions and exemptions are available, such as for first home buyers, principal place of residence, and off-the-plan purchases. Understanding these can lead to significant savings. What Is Stamp Duty, When Must We Pay It, and […]
Buying property in Victoria? You’ll likely come across something called a Section 32. It might sound like legal jargon, but it’s actually an important document that can help you decide whether the property is really the right one for you. In this blog, we’ll walk you through what a Section 32 is, what it should include, and what red flags […]
A Deed of Nomination allows a buyer to nominate someone else (like a spouse, trust, or SMSF) to take ownership of a property after signing the contract. It’s often used for tax or planning reasons, but there are legal steps you must follow to avoid extra stamp duty or complications. This blog explains what a Deed of Nomination is, why […]
Land tax and vacant residential land tax are state taxes that you might have to pay if you own property besides your main home. These taxes apply to things like investment properties, holiday homes, and even vacant land. This blog gives you a clear explanation of who needs to pay, what exemptions exist, and what to do if you receive […]
Ever heard of GST in property deals but not quite sure how it works? This blog explains what GST is, when it applies to the sale of land or property in Australia, and why it’s important to get professional advice before signing anything. Whether you’re a buyer or seller, understanding GST could save you from costly surprises. Thinking […]
When buying or selling land, it’s easy to focus on the big things—price, deposit, settlement dates—but one area that often gets overlooked is entitlements. These are crucial rights or approvals linked to the land, and they can affect what you can do with the property. In this post, we’ll explain what entitlements are, why they matter, and what […]