From 2016, the Titles Office holds conveyancers and solicitors liable for identifying all parties to transaction. The Titles Office have their own specific requirements for the check. We are not allowed to complete your transaction unless the Titles Office requirements have been satisfied.
You will need to provide:
Category 1:
Passport and Driver’s License and present the originals of these at our office and we will photograph them and you.
Category 2:
FULL Birth Certificate, Change of Name Certificate (if your current name differs from your birth certificate — i.e., marriage certificate), Driver’s License and Medicare Card. You will need to present the originals of these at our office and we will photograph them and you.
Real estate agents often request their clients to arrange for the early release of deposit monies so that they are paid their commission before settlement. You may also need the money to pay a deposit on your new house.
Under Section 27 of the Sale of Land Act, a seller can request the early release of deposit monies before settlement if:
After the Section 27 Statement is sent to the buyer’s representative the buyer can either:
The buyer’s representative must find out what rates, taxes and other outgoings are attached to the property. The buyer’s representative calculates the adjustments from the settlement date and sends their calculations to the seller for verification. The buyer will also calculate the amount required at settlement less the deposit, plus or minus adjustments.