For property lawyers and conveyancers, the property settlement process is complex, requiring careful management to protect clients from potential legal and financial risks. A recent New South Wales Supreme Court case has underscored the critical need for conducting final title searches, which serve as a vital layer of security in transferring property ownership.
Property settlements in Western Australia have gone through a major change over the years with electronic conveyancing being introduced. Standalone transfers in Western Australia were mandated back in December of 2018, however there are still exemptions for certain scenarios that require paper settlement/lodgment and are currently out of scope for eConveyancing in Western Australia.
Property settlements have evolved significantly from the days of face-to-face transactions, requiring meetings, phone calls, wet signatures, and witnesses. The advent of electronic settlements has streamlined the process, making it more efficient. However, the importance of due diligence in eConveyancing remains paramount.
Property settlements in Western Australia have gone through a major change over the years with electronic conveyancing being introduced. Standalone transfers in Western Australia were mandated back in December of 2018, however there are still exemptions for certain scenarios that require paper settlement/lodgment and are currently out of scope for eConveyancing in Western Australia.
At SettleIT, we recently had the pleasure of hosting an insightful webinar, “Cultivating strong culture and a high-performance organisation.” This event featured two esteemed professionals: Dom Meli and Hollia Lam.
The Australian Institute of Conveyancers (AIC) NSW recently hosted an enlightening Kiama Education Day, bringing together industry experts to discuss critical topics in conveyancing and property law. The event covered a range of subjects from plan reading and the complexities of easements and covenants, to managing strata defects and understanding the nuances of planning law. Each speaker provided valuable insights into their respective fields, highlighting the importance of staying updated with the latest developments and legal requirements in the ever-evolving landscape of conveyancing in New South Wales.
A withholding legislation for GST was introduced on 1 July 2018. This legislation requires purchasers to withhold the GST amount of the purchase price and remit it to the Australian Taxation Office (ATO) upon settlement.
The commitment to evolving property conveyancing in Australia has seen a huge shift in the way the industry operates.
As the legal landscape in Australia continues to evolve, the dawn of a new year presents a golden opportunity for lawyers and conveyancers to reflect on their practices and set ambitious business goals.
How your firm can thrive this holiday season The holiday season is usually a time of year for people to wind down and take a break, however firms and business owners often have more responsibilities to consider during this period. Running a firm can be demanding at the best of times but Christmas can be particularly overwhelming with an influx of settlements and the challenge of managing your workload while staff take leave. SettleIT is here to support you this holiday season, ensuring your clients’ needs are met and your practice continues to seamlessly operate, so you can enjoy a well-deserved break. Why taking a break is a priority Australians are collectively sitting on a near-record 209 million days of accrued annual leave as they approach the 2025 summer break (Source: Roy Morgan). When that tidal wave of leave finally breaks over the holiday period, business owners are faced with the challenge to handle a sudden resource gap while still managing client expectations, and tight settlement schedules. It’s indicated that the main stresses business owners face are profitability, long work hours, staffing concerns and the general survival of the business, however taking annual leave is essential to your wellbeing and it can
