What Is a Discharge of Mortgage, and Why Settlement Won’t Happen Without It?
A discharge of mortgage removes your bank’s mortgage from the title so your buyer can take the property. Without it, settlement can’t happen. Here’s what it is, how long your lender needs, and why to sign the form the day you exchange.
What Is a Best and Final Offer in NSW Property?
A best and final offer sounds official, but it is an agent’s request, not a legal process. Here is what you are really committing to when you submit one in NSW, and how to protect yourself.
Buying Into a Retirement Village in NSW: What Will It Cost and What Are Your Rights?
Thinking of moving into a retirement village in NSW? Here’s what you’ll pay to move in, live there and leave, the documents you should get, and your cooling-off and settling-in rights.
I’m Thinking of Selling My House in NSW. Where Do I Start?
Call your conveyancer before you call an agent. Here is what to do first when you are selling a house in NSW, including pools and inclusions.
Buying in a Flood Area in Maitland: What to Check Before You Exchange
Buying in Maitland? Check the flood notations on the planning certificate, get Council’s flood information and get a written insurance quote before you exchange.
What Is a Release of Deposit in NSW, and Should You Agree to It?
A release of deposit clause lets the seller use your deposit before settlement. Here is how it works in NSW, the risks for buyers and sellers, and what to ask for before you sign.
What Happens If the Buyer Pulls Out After Exchange in NSW?
Once contracts are exchanged and the cooling-off period has passed, a buyer cannot simply walk away. Here is what you can do if they try.
What Do the New NSW Underquoting Laws Mean for Buyers and Sellers?
Price guides are about to become compulsory in NSW property advertising, backed by comparable sales evidence and a Statement of Information. Here is what changes and what buyers and sellers should do.
How Are Council Rates and Water Adjusted at Settlement in NSW?
Council rates, water and strata levies are split by the day at settlement in NSW. Here’s how the adjustments work, with a worked example.
What Happens If Settlement Is Delayed in NSW?
A missed settlement date doesn’t end a NSW contract. Here’s how a notice to complete works, who pays for the delay, and what to do if your settlement is running late.