A strata development in Burswood, Western Australia

Buying and selling a strata title property in Western Australia

OVERVIEW In Western Australia, a strata scheme is defined as a subdivision of a piece of land that allows one large freehold lot to be divided up into many smaller lots. Lots can be individual units, apartments, townhouses or houses. There are different types of strata.  Each has different rights, rules, obligations, documents and processes …

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A young couple signing documents during a conveyancing transaction.

Home buyer and property grants in WA: Everything you need to know

To mitigate the forecast impact of the Covid19 pandemic on the Australian economy, the Australian Government announced its HomeBuilder Scheme on 3 June 2020. The construction industry support package is designed to assist industry, home owners and new home buyers alike. Grants include, HomeBuilder valued at $25,000 which is additional to existing Western Australian State Government’s First Home Owners Grant ($10,000), …

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RCDs, Smoke Alarms and Electrical Safety - Compliance Alert Reminder

RCDs and smoke alarms: Your rights and obligations

In March 2018, a young Perth girl was electrocuted after touching a garden tap which had become live because of an electrical fault. The incident left her with catastrophic brain injuries. Although the cause was likely a fault with the way the house was wired, the accident underscores the dangers of electricity in residential properties. …

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GST at property settlement: A detailed guide to the ATO withholding provisions

In this article we outline changes to GST laws that affect relevant property transactions. These laws took effect on 1 July 2018. This guide is intended to provide buyers, sellers and real estate agents with a guide to their withholding obligations. We aren’t tax advisors, lawyers or accountants. Please seek the appropriate professional advice relevant …

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A Timely Reminder - Verification of Identity Now Required for Buyers

A Timely Reminder – Verification of Identity Now Required for Buyers

Landgate’s Verification of Identity (VOI) requirements for property sellers within WA have been in place since July 2012. To date these measures have been an effective way of minimising the likelihood of fraudulent real estate transactions. Since then, updates to the Land Titles Registration policies mean there is now a requirement for VOI for property …

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How the REIWA structural inspection annexure could compromise your legal rights

How the REIWA structural inspection annexure could compromise your legal rights

If you’re buying an older property it makes sense to ensure it’s structurally sound before committing to the purchase. The most common way to obtain this assurance is to make your offer subject to a structural inspection. Because it’s so common, most agents make use of a ‘standard’ structural inspection condition that’s attached to the …

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Residential Settlements

6 things you need to do after accepting an offer

Congratulations! Your agent has done their magic and you’ve accepted an offer. Now all that stands between you and settlement is the buyers getting their finance and a couple of property inspections. Nothing to it, right?! Not so fast. Between now and settlement there’s plenty for you to do. As far as settlement goes we’ve …

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A comprehensive guide to completing your pre-settlement inspection

If you’ve bought a home using a standard REIWA you’re entitled to complete a pre-settlement inspection. But your right to complete that inspection has limits, as we explain below. What is a pre-settlement inspection? A pre-settlement inspection (sometimes referred to as a final inspection) allows you to check that the seller has complied with their obligations under …

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