Blog - Pearson Chambers Conveyancing

In Victoria, your house deposit usually goes to the seller's estate agent, who holds it as stakeholder in a regulated trust account until settlement. It does not go straight to the seller. If the seller wants the deposit before settlement, section 27 of the Sale ... Read More

We get asked this most weekends, usually after a buyer has found a promising Melbourne property and the agent says, ‘Make an offer now, the Section 32 is coming.’ It sounds like a small timing issue, but signing too early can turn Saturday excitement into Monday stress.... Read More

We hear this question regularly from Melbourne couples, often while they’re comparing contracts after a Saturday inspection: ‘My partner owned a place years ago, so can we buy the new home in my name and keep the first home buyer duty exemption?&rsquo... Read More

We get this question from Melbourne buyers who have already signed a contract and are watching rent pile up while an empty home waits for settlement. It often comes up midway through a 60 or 90 day settlement, when moving dates and real life stop lining up.... Read More

A staged subdivision means the plan of subdivision you're buying into is being registered in parts, not all at once. Under section 37 of the Subdivision Act 1988, later stages can create more lots, change common property and adjust lot entitlements or lot liabili... Read More