We’re dedicated to making your property transaction as seamless as possible—whether you’re buying or selling.
From contract signing through to final settlement and beyond, we provide expert guidance to ensure you feel informed and supported at every stage. Our team is here to navigate the details, answer your questions, and give you peace of mind through every step of the journey.
Understand what’s inside your Offer and Acceptance.
We get the file moving and connect with all key parties.
We stay in touch with your broker/bank to keep things on track.
We help ensure deadlines are met for building, pest & finance.
Title searches, authority checks, and initial figures sent to you.
Accurate rates split and your final payment summary.
We settle on your behalf, then send you confirmation and your updated title.
When purchasing property with others, you must choose how ownership is shared:
Joint tenants: Each person owns the entire property together. If one owner passes away, their share automatically transfers to the surviving owner(s).
Tenants in common: Each person owns a defined share (which can be equal or unequal). Each owner has an equal or unequal shareholding in the property and upon the death of one of the owners, that owner’s interest in the property only passes as directed by the Will of the deceased.
Transfer duty (which is also known as Stamp Duty) is a State Tax imposed on certain transactions over property, including transfers of real estate. In Western Australia, the duty is generally payable within 30 days of the issue of the duties assessment notice or within 12months after the date the transaction is entered into if it relates to land/property or settlement, whichever is the earlier.
The settlement timeline begins once both the buyer and the seller have signed the contract of sale. Settlement typically takes 21 to 28 days from the contract date, depending on what’s agreed in your contract. This period generally provides sufficient time for both parties to handle necessary arrangements, including securing finance, completing documentation, organising the move, cleaning, and taking care of any other tasks required before the final settlement date.
Using your full and correct legal name on property documents is crucial for several reasons, primarily related to identification and legal clarity. Inconsistent or incorrect names can lead to delays, increased costs, and potential complications in property transactions.
The balance of the purchase price is typically paid on the settlement day, which is when the ownership of the property transfers from the seller to the buyer. This day is usually within 30 to 90 days after the contract is signed, but the specific date is agreed upon in the contract. On this day, the buyer pays the remaining amount of the purchase price, and legal documents are exchanged, finalizing the transaction.
While your conveyancer will take care of the legal side of the property transfer and arrange notification to authorities ie: Water Corporation, Local Authority and Office of State Revenue, there are a few important things you’ll need to organise on your own:
Utilities (Electricity, Gas, Water, Internet, etc.)
You’ll need to contact utility providers to set up new accounts in your name. This
might involve choosing a plan, providing payment details, and confirming your connection date.
Title insurance is a specialized type of coverage designed to protect homebuyers and current homeowners from financial loss related to issues with the property’s title. It safeguards you against potential claims or disputes over ownership. This insurance typically involves a one-time payment and remains in effect until the property is sold.
From 1 January 2025, all Australian residents selling real property must obtain an ATO Clearance Certificate and give it to the buyer on or before settlement. If the seller does not provide this certificate, the buyer is legally required to withhold 15% of the sale price and pay it directly to the ATO.
Typically, the proceeds from your property sale are released on the settlement day. If Electronic Conveyancing is used, the funds may appear in your account within hours of settlement. However, if you’re receiving a bank cheque, it could take a few days to clear before the money is accessible.
Settlement involves several important steps, and having the right information at hand can make the process much easier.
We’ve put together a selection of helpful resources to support you at every stage of your journey
