A GUIDE TO YOUR REAL ESTATE PURCHASE
Your Rights
You have a right to have your Settlement Agent act in your best interest at all times. These rights are detailed in the Appointment to Act document and, where applicable, the Disclosure of Interest document.
Your Obligations
You have an obligation to bring to your Conveyancer’s attention any matters that you think may affect your interests in the transaction. This is especially important where the Conveyancer prepares financial information on your behalf, which you think is incorrect, or where you intend to vary the settlement date or take early possession of the property.
General
It is important that you attend to any requests for signing of documents as early as possible and return the documents quickly, particularly when the time frame for settlement is short or if the mail is likely to take longer than the standard one business day.
Take prompt action concerning any Special Conditions, which you have either stipulated or may need to satisfy, in your Contract for Sale by Offer & Acceptance.
Make sure that payment of any monies, e.g. deposit or balance of deposit, is made by the date set out in the Contract.
If you plan to be away during the period leading up to settlement, make sure any necessary documents have been signed and notify your Settlement Agent of your alternate contact details. For example the Transfer of Land document must be an original copy and therefore cannot be faxed or e-mailed, where as many other authorities do not need original signatures so fax and email are ok.
Finance
If you require finance to complete the purchase, whether or not your Contract is conditional upon you accepting a loan offer from a financial institution, ensure that you take immediate steps to obtain the loan.
Attend promptly to any request by the financial institution concerned to sign documents to avoid delays in settlement.
Once you have accepted a loan offer you should contact your Settlement Agent and let them know that the loan is approved and advise the date on which you accepted the offer of finance. If your Lender is to be ready to settle on time, you will need to make an appointment to sign your Mortgage documents at least one week prior to the due settlement date. If you are dealing with a finance broker, please contact the broker who will assist you to find out from the Lender when the documents will be ready for you to sign. The Lender will advise you of any application, mortgage preparation fees or stamp duty which are payable in respect of the mortgage. The Lender’s fees and disbursements WILL NOT be included in the Settlement Statement you receive from your Settlement Agent, however they may be deducted from your loan funds at settlement, therefore increasing any balance amount that you may need to pay or have available prior to settlement.
Documentation and Settlement Statement
You Settlement Agent will send you a ‘Transfer of Land’ document for your signature/s, together with an initial Settlement Statement which will show amounts payable by you in respect of stamp duty, settlement fees and other disbursements. You should promptly sign and return the documents, together with a cheque for any funds requested. The statement will either apportion current rates and taxes or include an amount to be held in a trust account pending receipt of the relevant details. If you receive any accounts for rates from either the Water Corporation or the Local Government Authority soon after the settlement date, you should contact your Settlement Agent before making payment, as these accounts may already have been paid following settlement.
Stamp Duty Rebates
Depending on the purchase price of the property, you may qualify for a concession, rebate or exemption on the stamp duty where you reside in the property even if you are not a first home buyer. Currently this applies to property up to a value of $200,000.00. First home owners MUST be approved to receive the First Home Owners Grant to be also eligible for the First Home Owners rate of stamp duty on the contract. On purchase of an established home the threshold is a purchase price of $500,000 with concessions up to $600,000 and on vacant land it is $300,000 with concessions up to $400,000. Fact Sheets are available on the Office of State Revenue website at www.osr.wa.gov.au.
Rate & Service Enquiries
Your Settlement Agent will make enquiries on your behalf to the Water Corporation (concerning the availability of services and the current or outstanding rates), to the relevant local authority (concerning rates, building licenses issued, orders and requisitions and housing indemnity insurance details) and to the Office of State Revenue (concerning any current or outstanding land tax). Fees are payable to the authorities concerned to provide this information. Your Settlement Agent will advise you of the fee which applies in the case of your property and include it in your settlement statement. Responses to the enquiries mentioned above are not always received prior to the settlement date in the case of a short settlement time. You might, therefore, wish to make your own enquiries direct with the Water Corporation concerning availability of services (connection to water and sewerage and any building restrictions which might apply) and with the Local Government Authority concerned to ensure that there are no outstanding orders or requisitions which apply to the property.
Building Licenses
Unless specifically requested, your Settlement Agent will not make enquiries with the Local Government Authority in relation to approved buildings on the property. In many dwellings and structures built before 1990 records are not easily obtained and further fees and extended time periods apply to obtain the same from the Local Government Authority. If you consider that a patio, shed, games room or extension of a building was possibly erected after the main dwelling was built, you should refer your query to the real estate representative who will make initial enquiries of the Seller. Where the Seller was the owner of the property at the time these structures were built they may have retained the approvals thus reducing the time money and effort required to obtain this information.
Sewer Lines
If the property is not connected to sewerage then, in certain circumstances, it may be your responsibility to connect to the sewer line either within one year of the date of settlement or within 5 years of the Water Corporation issuing a notice to you to connect to sewerage.
Septic Tanks
Under the Health Act, if the property you are purchasing is connected to a sewer and septic tanks are still on the property and have not been de-commissioned, then within sixty days of settlement, you must de-commission any septic tanks on the property.
De-commissioning is done by:
- Emptying the tank by a person licensed to do so.
- Either removing the tank, or if that is not practical, breaking up the base of the tank.
- Back-filling the tank with clean fill and compacting.
Home Indemnity Insurance
If a building license was issued after 1 February 1997 for a dwelling or for substantial improvements of a value of $12,000.00 or more, the builder (including an owner builder) must have home indemnity insurance for the work. From 1 July 2007 the $12,000 value limit was raised to $20,000. You will need details of the insurance in the event you need to make a claim for structural defects within the period of the insurance. If you believe this applies in your situation, contact your Settlement Agent so that they can attempt to obtain the necessary details.
Owner Builders are not required to take out home indemnity insurance before they can build or undertake substantial improvements, but MUST do so if they sell the property within seven years of obtaining an owner builder license from the local authority.
An owner builder IS NOT permitted to sell the property within 3 years of obtaining their owner builder license without receiving permission from the Minister of Fair Trading, through DOCEP.
Strata Title Properties
If the property you are buying is a strata title property, the Strata Titles Act states that you must receive a disclosure statement (Forms 28 & 29) either prior to, or at the time of, making your offer to purchase the property. If you have not yet received the required disclosure information, the law gives you rights to avoid the contract. Contact your Settlement Agent if you have any queries and they will refer you for legal advice if necessary.
Inspection of the property
Your Contract gives you the right to a final inspection of the property on one occasion within 5 business days before the settlement date or possession date. You should contact the real estate agent concerned and make arrangements to inspect the property to ensure that it is in the same state and condition as it was when you made your offer to purchase. If your contract has a condition which states that certain items are to be in working order at settlement or if it states that repairs are to be carried out by the Seller, you will need to check that these have been attended to satisfactorily and that the items mentioned are in fact working.
Keys
You Settlement Agent will notify you once settlement has taken place, at which time you should contact the real estate agent concerned to arrange to collect the keys and any other security devices to the property. If the property is the Seller’s normal place of residence, the Seller is entitled to stay in possession, i.e. occupy the property, until 12.00 noon on the day following settlement. That provision is intended to allow adequate time for the Seller to vacate the property.
After Settlement
If a Mortgage is to be registered on the property by your Lender, the Certificate of Title will be held by the Lender as security for the loan. If you are paying “cash” for the property, we will forward the Certificate of Title to you by registered mail once it has issued back from Landgate. We recommend that you make arrangements for safe keeping of the Certificate of Title since it can be difficult and expensive to replace. You might, for example wish to make arrangements for the Title to be held in a safe custody packet with your Bank.
Safety Switches (RCD’S)
New legislation has passed and comes into effect on 9 August 2009 by the State Government to enforce owners and landlords to install a minimum of two safety switches to each residential property if one or both are not in existence.
Safety switches became mandatory in new houses after 1990. Since 2000 this was expanded in WA to require at least two for each new house.
If you have any questions regarding your settlement transfer or your real estate transaction please don’t hesitate to contact Jan Bullen on 08 9582 3300 or email Jan at Riverside Settlements
Great wordpress blog here.. It’s hard to find quality writing like yours these days. I really appreciate people like you! take care
Hi there! Someone in my Myspace group shared this website with us so I came to take a look. I’m definitely loving the information. I’m book-marking and will be tweeting this to my followers! Exceptional blog and great style and design.
An outstanding share! I have just forwarded this onto a friend who had been doing a little homework on this. And he actually bought me breakfast simply because I found it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanx for spending time to talk about this matter here on your web page.
I blog often and I truly appreciate your content. The article has really peaked my interest. I will book mark your website and keep checking for new details about once per week. I opted in for your Feed too.
Hello there, I found your blog via Google while looking for a related topic, your web site came up, it looks great. I have bookmarked it in my google bookmarks.
Just checking in to show my agreement. Your piece is well put together Great job!
I always was concerned in this subject and still am, regards for putting up.
Its good as your other content : D, thanks for putting up. “The squeaking wheel doesn’t always get the grease. Sometimes it gets replaced.” by Vic Gold.
cialis 40mg sale – tadalafil price buy tadalafil generic
order hydroxychloroquine pill – buy hydroxychloroquine cheap hydroxychloroquine 400mg
how much is ivermectin – stromectol us ivermectin 6 mg online
cephalexin 500mg ca – cephalexin without prescription erythromycin buy online
purchase fildena pill – disulfiram 500mg tablet disulfiram without prescription
rhinocort cost – seroquel us cefuroxime without prescription
careprost uk – buy careprost generic buy trazodone 50mg generic
viagra pills 25mg – order generic viagra buy zantac 150mg online cheap
buy cialis 10mg pills – cialis pills stromectol order
cialis sales – ivermectin otc natural pills for erectile dysfunction
real money casino – best casino games order prednisone 5mg pills
prednisone 40mg cost – buy accutane 10mg for sale buy isotretinoin generic
buy amoxil 1000mg generic – viagra for men over 50 viagra 100mg ca
cialis 20 mg – cialis 5mg brand buy generic cialis 10mg
ivermectin 6mg without prescription – generic ivermectin online azithromycin 250mg cheap
buy azithromycin online cheap – furosemide 100mg canada methylprednisolone 4mg for sale
baricitinib usa – buy priligy online cheap order priligy 90mg for sale
metformin 1000mg over the counter – best online pharmacy canada order atorvastatin pills
buy norvasc 5mg online – brand lisinopril 10mg prilosec 10mg price
lopressor online – order atenolol 100mg for sale purchase tadalafil pills
tadalafil 20mg over the counter – cialis 5mg price female viagra
buy ivermectin for humans australia – ivermectin 3mg over the counter ivermectin 3mg tablets price
order clomid 50mg – buy clomid 50mg sale order generic cetirizine
order clarinex 5mg without prescription – order triamcinolone without prescription buy triamcinolone 4mg
order generic misoprostol 200mcg – order misoprostol generic synthroid 100mcg tablet
sildenafil 100mg england – female viagra sildenafil gabapentin canada
Whats up very cool site!! Guy .. Beautiful .. Amazing .. I will bookmark your website and take the feeds additionallyKI’m satisfied to seek out numerous helpful information right here within the publish, we need work out more techniques on this regard, thank you for sharing. . . . . .
brand cialis 20mg – cialis over the counter purchase cenforce without prescription
cheap diltiazem 180mg – allopurinol 100mg without prescription zovirax pill
order hydroxyzine 10mg generic – buy rosuvastatin 10mg for sale oral rosuvastatin 10mg
order ezetimibe 10mg sale – motilium online buy buy citalopram 40mg pill
order generic sildenafil 100mg – order flexeril online cheap flexeril cost
us viagra – sildenafil 200 mg canadian cialis online pharmacy
buy toradol sale – baclofen 25mg pill baclofen uk
buy generic colchicine 0.5mg – inderal 10mg oral strattera ca
cheap viagra sale – order methotrexate generic plavix 150mg over the counter
sildenafil 150mg cheap – order plavix 75mg online buy plavix 75mg generic
viagra pill – buy sildenafil 100mg pills purchase sildenafil without prescription
esomeprazole price – buy promethazine 25mg sale phenergan over the counter
tadalafil 5mg generic – Cialis non prescription order cialis 20mg online
modafinil online order – ed pills online medicine for erectile
This design is incredible! You obviously know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job. I really loved what you had to say, and more than that, how you presented it. Too cool!
accutane over the counter – order amoxicillin 500mg generic buy azithromycin 500mg pills
lasix 40mg pills – buy doxycycline online sildenafil 150mg for sale
buy cialis canada – viagra tablet buy sildenafil 150mg for sale
order cialis 20mg for sale – coumadin 5mg tablet buy warfarin 2mg online cheap
cost topamax 100mg – order topiramate sale buy sumatriptan 25mg pills
avodart pills – dutasteride pill tadalafil sale
sildenafil 100mg sale – cialis 40mg price cialis without prescription
top rated ed pills – buy best erectile dysfunction pills buy prednisone 10mg pill
buy generic accutane 10mg – order amoxicillin without prescription amoxicillin cost
buy furosemide generic – buy zithromax 500mg sale order azithromycin pill
buy doxycycline pill – chloroquine online chloroquine 250mg oral
Hey I am so delighted I found your weblog, I really found you by accident, while I was searching on Google for something else, Anyways I am here now and would just like to say thanks for a marvelous post and a all round exciting blog (I also love the theme/design), I don’t have time to look over it all at the minute but I have bookmarked it and also added in your RSS feeds, so when I have time I will be back to read much more, Please do keep up the fantastic work.
buy generic cialis 5mg – Buy cialis on line sildenafil 150mg usa
This was really awesome to read. Thanks for creating it. You made a long-term reader and I’ll return to see more. Thanks for sharing.
provigil 200mg usa – provigil 100mg canada viagra 50 mg
pills erectile dysfunction – buy prednisone 10mg buy prednisone 10mg online
Great blog.Really thank you! Great.
cost accutane 20mg – buy amoxil pill celecoxib 100mg drug
order tamsulosin 0.4mg online cheap – ondansetron buy online buy aldactone for sale
buy zocor pills – do my research paper pay essay writing
online casino gambling – academic writing support buy dissertation online
best online casino – buy ampicillin 250mg pills brand ampicillin 500mg
buy ciprofloxacin 500mg online – generic for cialis order cialis 20mg online
buy viagra 100mg pills – buy vardenafil in canada canadian pharmacy generic vardenafil
order prednisolone 40mg online – canadian cialis and healthcare brand tadalafil 40mg
I’ll right away grab your rss feed as I can not find your email subscription link or newsletter service. Do you’ve any? Kindly let me recognize so that I may just subscribe. Thanks.
buy clavulanate – cialis tadalafil 20mg cialis tadalafil 40mg
order bactrim 480mg generic – cheap bactrim sildenafil over the counter
buy generic cephalexin 250mg – order erythromycin online erythromycin 500mg generic
I truly appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again
order fildena 100mg pills – buy fildena 100mg generic ivermectin australia
buy rhinocort online cheap – cheap antabuse buy disulfiram 250mg
order ceftin 250mg without prescription – buy tadalafil online cheap purchase tadalafil
acillin price – cialis 10mg generic order cialis 5mg
I was curious if you ever thought of changing the page layout of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two pictures. Maybe you could space it out better?
order amoxil 500mg for sale – order amoxil 500mg pill vardenafil 20mg oral
stromectol generic name – order vardenafil 10mg generic buy levitra 20mg without prescription
смотреть онлайн сериал «Мисс Марвел» смотреть онлайн сериал «Мисс Марвел» Посмотреть сериал Мисс Марвел 1 сезон 1 серия онлайн
order doxycycline 200mg online – doxycycline for sale brand tadalafil 5mg
buy cialis 5mg sale – online pharmacy non prescription drugs provigil pills
buy deltasone 40mg – ed pills no prescription order isotretinoin
cheap amoxicillin without prescription – cost amoxicillin viagra 150mg for sale
brand prednisolone – gabapentin 800mg brand 50mg viagra
hhiag
77yp6
7ow8
lasix 40mg for sale – doxycycline for sale online ivermectin 12mg pills for humans
Смотреть видео онлайн – Вся информация о фильмах и сериалах. 10 свиданий смотреть онлайн Список всех старых фильмов, фильмография.
44692987 72762859 5840677523 8916780875388632647
4168833 2830880 71410264384 31611854175172054953
67716873 85328148 20051842327 89389011210899924952
Просмотр телеканала в режиме онлайн. Форма воды смотреть онлайн Смотреть мультфильмы онлайн бесплатно и легально.
60825122 23652996 266839229976 77616050586553247420
92311972 18952812 728384895989 42933185151081267965
45543840 3911465 493456584626 1421511362103186843
2hpyr
qhdum
fc0i
hydroxychloroquine uk – chloroquine cost baricitinib ca
glucophage 1000mg over the counter – order amlodipine 5mg for sale order amlodipine 10mg sale
lisinopril 5mg pills – prilosec pill tenormin brand
ppw45
stgmt
o5ov
buy levitra 10mg online – pregabalin 75mg usa buy clomid generic
ventolin inhalator over the counter – writing paper online buy priligy 30mg pills
viagra sale europe buy viagra kamagra order viagra from mexico
albuterol nebulizer dosage albuterol ipratropium
anti fungal pills without prescription prescription drugs online without doctor
oral synthroid – order synthroid 150mcg for sale hydroxychloroquine 200mg canada
amoxicillin without a doctor’s prescription buy prescription drugs online
https://bit.ly/Shkala-tonov
13235862 16672191 445813651264 34175170826868834986
54343493 28509318 343748422404 78255100687783123422
74613495 15085003 998218575177 36143593403172031874
Мир Юрского периода: Господство http://bit.ly/mir-yurskogo-perioda-2022
47025378 31508421 53649977708 63109799865874799559
88533890 75062088 85826921446 3973369302221653739
12207831 5683103 69260653469 434460967966043493
Мир Юрского периода: Господство http://bit.ly/mir-yurskogo-perioda-2022
42526675 13831470 290916637129 88635602809949628279
47645725 86908952 21536278246 89592505380869742768
61418825 47397954 843679012112 8330658692717509889
overnight delivery cialis – canadian viagra sildenafil pill
viagra cost per pill cvs where can i buy cialis or viagra on line
ventolin hfa inhaler coupon 2020 albuterol 90 mcg cost
can you order viagra online pfizer discount coupons for viagra
ventolin coupon 2019 albuterol for sale usa allergic reaction to albuterol inhaler how fast does albuterol inhaler work
neurontin symptoms neurontin medication how to buy neurontin online how safe is gabapentin
prednisone 10mg canada – prednisone 10 amoxil 250mg us
http://chilp.it/41a5ad5
brand diltiazem 180mg – neurontin 600mg us order gabapentin 100mg generic
buy viagra online canada buy viagra online canada
http://tinyurl.com/27bhhzss
http://tinyurl.com/2byrv4yj
lasix 40mg usa – cost allopurinol 100mg purchase doxycycline sale
http://tinyurl.com/2xp6svhj
over the counter viagra viagra pills
levitra vardenafil hcl tablets levitra on line sales levitra cheapest how long does levitra kast
http://images.google.co.zw/url?q=http://netstate.ru/
neurontin dosages gabapentin 600 mg tabs what is the medication neurontin used for what can i do about gabapentin edema
viagra online usa best place to buy generic viagra online
order cenforce 100mg without prescription – order crestor for sale domperidone 10mg generic
viagra over the counter sildenafil
sildenafil 50mg – female viagra sildenafil canadian cialis
https://sildenafilmg.com/ generic viagra walmart
diltiazem price walmart cardizem la 120 mg can you take vitamin d with diltiazem what can i use instead of diltiazem
zanaflex and meltonin tizanidine 6 mg tab is zanaflex better than robaxin what is the 2016 street value of zanaflex
clomid clomiphene buy clomid canada pharmacy
doxycycline uk doxycycline 60 mg
I would like to thank you for the efforts you have put in writing this site. I am hoping the same high-grade blog post from you in the upcoming as well. Actually your creative writing abilities has encouraged me to get my own blog now. Really the blogging is spreading its wings rapidly. Your write up is a great example of it.
generic for amoxicillin amoxicillin 500 mg where to buy
provigil 100mg brand – deltasone 5mg usa order budesonide without prescription
mail order prednisone buying prednisone
ampicillin amoxicillin amoxicillin buy canada
https://prednisoneforsale.store/# buy prednisone no prescription
zithromax cost australia zithromax prescription online
lipitor 30 mg lipitor no prescription
order generic isotretinoin 20mg – amoxicillin 250mg sale cheap tetracycline 500mg
cialis tablet viagra over the counter australia does viagra stop premature ejaculation where to buy cialis online
tadalafil tadalafil 20mg price in india
электрический штабелер
http://www.elektroshtabeler-kupit.ru
buy flexeril pill – toradol 10mg canada propranolol tablet
is cenforce legit cenforce 100 preis sildenafil cenforce 200mg buy cenforce 150 online
propecia prescription doctor buy genuine propecia long term effects of propecia how good is rogaine plus propecia
https://buylasix.icu/# lasix tablet
clopidogrel ca – reglan pills buy metoclopramide 20mg generic
https://buymetformin.best/# metformin tablets where to buy
generic ivermectin where to buy ivermectin
furosemide 100 mg lasix
pastillas cenforce cenforce viagra soft 100mg pills cenforce 160 cenforce 50 vs viagra
https://erectionpills.best/# ed meds
losartan online buy – order topiramate 200mg online phenergan us
ed medications ed drug prices
Pingback: 1abjured
ivermectin dog wormer at walmart stromectol for humans
https://withoutprescription.store/# canadian drugstore online
ed meds online without prescription or membership canada ed drugs
I really like examining and I think this website got some genuinely utilitarian stuff on it! .
штабелер электрический самоходный
https://shtabeler-elektricheskiy-samokhodnyy.ru
levaquin usa – viagra price buy cialis sale
cialis 200 mg cialis 5mg prix pharmacie acheter cialis super active en ligne ou acheter du vrai cialis sur internet
cialis viagra levitra cialis insurance coverage blue cross how to buy cialis in australia how to get prescribed viagra from a doctor
free slots win real money
igt slots downloads
online casino slots
https://erectionpills.best/# male ed pills