Blogs
Navigating Interstate Property Transactions: A Guide for Buyers and Sellers
For both newcomers venturing into their first property purchase and seasoned property investors, the prospect of buying property in a different state presents a unique
Are you selling your home in Victoria and need access to your deposit money early?
Are you selling your home in Victoria and need access to your deposit money early? If so, you can use a Section 27 Statement to
What is ‘cooling off’? And under what conditions?
What is “cooling off”? And under what conditions? In Victoria, the Sale of Land Act allows a purchaser who signs a Contract to purchase real
What is vacant residential land tax?
The vacant residential land tax (also referred to as the vacant residential property tax or vacancy tax) is a tax on residential properties in Melbourne’s inner
What is the difference between a Lease and a License?
Fundamentally, a Lease and a License is much the same, in that both grant a right to use property in a certain way. However, there
What is a License to Store?
A Licence to Store, is a legal document that will allow one party to store their belongings in a property that belongs to another. The
When does the foreign resident CGT (Capital Gains Tax) Withholding apply in Real Estate?
All purchasers of real estate worth $750,000 or more must withhold 12.5% of the purchase price from the seller unless the seller can provide a
Does Bond deliver Contracts within two business days?
We’re excited to announce that we’ve just launched a new SLA (Service Level Agreement) that guarantees we’ll prepare your Contract of Sale of Real Estate
When is GST payable on a property sale?
Goods and Services Tax (GST) is a 10% tax that is applied to most goods and services sold in Australia. However, there are some exceptions,
What are Material Facts and why are they important when buying property in Victoria?
If you’re buying property in Victoria, it’s important to understand what a material fact is. A material fact is any information that could affect a
What is Net Promoter Score (NPS)?
A Net Promoter Score (NPS) is a metric that measures customer loyalty. The score ranges from -100 to +100, with a higher score indicating higher
What is Verification Of Identification (VOI)?
It is a legal requirement for any person involved in a property purchase or sale to undergo Verification of Identity (VOI). Identity verification is vital
Are you interested in buying a property at an auction?
Purchasing a property at an auction can be an exciting way to buy a home. However, there are some legal aspects of buying a property
What are some of the best practices for working from home?
Nowadays, with the increasing trend of remote work, many people are finding themselves working from home. But working from home can be a bit challenging
What is the importance of finance pre-approval?
If you’re planning to buy a property, then securing finance pre-approval should be one of your first steps. A finance pre-approval lets you know how
What is PEXA?
PEXA, or Property Exchange Australia, is a secure digital platform that enables parties involved in the buying and selling of property to complete the entire
What should first home buyers do?
If you’re a first-time homebuyer, you may find the process of buying your first home to be daunting. Here are some tips to help you
What is the importance of “subject to finance”?
When you make an offer to purchase a property, you want to make sure that you are protected in case you are unable to get
Why did Bond Property Lawyers choose a B2B2C model?
Legaltech is so far behind similar industries such as real estate (proptech) and finance (fintech) that the idea of creating a digitally enabled property law
Why choose a law firm over a Conveyancing firm?
Choosing a Law firm over a Conveyancing firm is a smart choice for a variety of reasons. While both are professionals who specialise in property
What are the four most important tips for a winning auction strategy?
To real estate agents, sellers and buyers of real estate, Saturday’s is often referred to as Game Day. That is because most residential property auctions
Can the seller of property access the deposit before settlement?
In Victoria, the seller of property can request access to the deposit monies paid by the purchaser prior to settlement. To gain access to the
What is buying “off the plan”?
Buying “off the plan” means buying land, a townhouse, or an apartment that does not yet exist other than as a drawing on a proposed
What is “cooling off”? And under what conditions?
In Victoria, the Sale of Land Act allows a purchaser who signs a Contract to purchase real estate to terminate the Contract, under certain conditions,
What is a Section 32 Vendors Statement?
A Section 32 Vendors Statement is a mandatory document provided by the seller of real estate (vendor) to any prospective purchasers, with serious ramifications if