Conveyancing
* Standard Fee for Conveyancing $990 + GST
Occasionally a transaction may be more complicated and as such involves more work than usual. If there is an encumbrance for example on the title this will require more time & an additional fee.
From 28th April 2014 all parties to LTO documents must undertake Verification of Identity (VOI). We undertake this procedure in-house or remotely via InfoTrack and a fee of $60 plus GST is charged per person.
Most land transactions in Australia are done via PEXA the electronic settlements platform. Pexa charges various fees per type of transaction. Currently [in 2024-2025] a one title Transfer transaction is $137.39 inc GST.
If you are buying a property the Land Titles Offices will charge you a Transfer registration fee calculated using a sliding scale based on the purchase price of the property.
If you are buying a property Stamp Duty on the Transfer is paid to Revenue SA and is based on the purchase price. see https://www.revenuesa.sa.gov.au/stampduty/calculate-stamp-duty
If you are selling a property the Land Titles Offices charges a fee for the registration of a discharge of a mortgage (if applicable). The fee is currently [in 2024-2025] $197.00.
CONVEYANCING: VENDOR
Christine is qualified and has had many years experience in the field of Conveyancing.
If you have sold or intend to sell a property, you will need a Conveyancer to attend to the transfer of the property.
Conveyancing is a complex series of tasks that require knowledge and skill – the reason that Conveyancers must hold special qualifications and be licensed.
Below is a basic list of the tasks a conveyancer may undertake in the settlement process for a vendor.
Basic Tasks
- Client Authorisation
- Open matter and set up file
- Carefully peruse the contract, Form 1 and any ancillary documents
- Obtain appropriate statutory searches. Check contract and Form 1 against searches. Get instructions if appropriate
- Check search Certificate of Title for any unregistered documents
- Diarise Date conditions due and settlement date
- Check/ensure deposit is paid
- Consider if client needs GST or other tax, legal or professional advice and obtain instructions
- Send letter to Agent requesting balance of deposit
- Prepare and arrange for Vendor to sign discharge authority
- Send signed discharge authority to Lender requesting loan payout figure and preparation of Discharge of Mortgage
- Confirm conditions of contract are fulfilled by parties by the due dates
- Deal appropriately with any encumbrance on the title
- Prepare any required documents (eg Application to Note Death, Transmission Application)
- Obtain appropriate documents from client (eg death certificate, probate)
- Receive balance deposit from Agent
- Confirm outstanding amounts with rating authorities for payment
- Advise Vendor to arrange final readings in respect of utilities and telephone
- Order SA Water special meter reading certificate
- Adjust rates and taxes and any community or strata levy
- Prepare Purchaser’s adjustment statement and send to Purchaser’s Conveyancer
- Receive loan payout figure from Lender
- Prepare Vendor’s settlement statement and send to Vendor
- Book settlement via PEXA
- Advise Vendor of completion of settlement
- Send change of ownership letters to rating authorities and any community or strata corporation
- Pay any rates and taxes outstanding at settlement
- Calculate usage from special meter reading, pay appropriate amount to SA Water to put Purchaser into credit and advise Purchaser’s Conveyancer
- Prepare final account for fees & trust account statement and send to Vendor
- Check search Certificate of Title to confirm registration of Transfer
CONVEYANCING: PURCHASER
If you have purchased a property, you will need a Conveyancer to attend to the transfer of the property.
Below is a basic list of the tasks a conveyancer may undertake in the settlement process for a purchaser.
Basic Tasks
- Take initial instructions from Purchaser and advise Purchaser to get insurance cover immediately.
- Client Authorisation
- Carefully peruse the contract, Form 1 and any ancillary documents
- Ensure purchaser is getting the correct property – eg client signed plan for land or
- community/strata property
- Obtain appropriate statutory searches. Check contract and Form 1 against searches. Get instructions if appropriate
- Diarise date conditions due and settlement date
- Ascertain if Property to be owner occupied or for investment purposes
- Consider if client needs GST or other tax, legal or professional advice and obtain instructions
- Ascertain if there are any stamp duty concessions available to client
- Ascertain if Purchaser is a first home buyer
- Ascertain the manner in which joint Purchasers are to hold the Property
- Confirm conditions of contract are fulfilled by parties by the due dates
- Ensure that any encumbrance on the title is dealt with appropriately and get purchaser sign off that they understand
- Confirm finance arrangements with Purchaser and deal accordingly with lender
- Obtain ACN from ASIC for any corporation
- Confirm amount to be provided by Lender at Settlement
- Advise Purchaser to liaise with Agent to arrange collection of keys after settlement
- Advise Purchaser to arrange for utilities and telephone to be put in Purchaser’s name
- Order SA Water special meter reading certificate
- Adjust rates and taxes and any community or strata levy
- Prepare Purchaser’s settlement statement
- Send settlement statement to Purchaser requesting balance of funds
- Receive funds from Purchaser
- Book settlement via PEXA
- Stamp and certify Transfer
- Check search Certificate of Title immediately before settlement
- Advise Purchaser of completion of settlement
- Send change of ownership letters to rating authorities and any community or
- strata corporation
- Confirm Vendor’s Conveyancer has paid rates and taxes unpaid at settlement
- Prepare final account for fees and trust account statement and send to client
- Provide purchaser with a Confirmation of Registration
Standard Fee for Conveyancing $990 + GST
Occasionally a transaction may be more complicated and as such involves more work than usual. If there is an encumbrance for example on the title this will require more time & an additional fee.