Blog - Pearson Chambers Conveyancing

 In Victoria, the standard contract of sale usually lets the vendor charge penalty interest if the buyer settles late, but it does not usually give the buyer the same automatic right when the vendor is late. If the seller misses settlement, the buyer’s... Read More

Treat an agent supplied building report as background, not protection, because it was usually ordered by the vendor or platform and the inspector’s duties are usually owed to that client, not to you. In a Victorian private sale, GC21 usually only helps if t... Read More

We get asked about this when a buyer spots solar panels at an inspection and assumes they come with the house. Then the contract review begins, and everyone realises the real question is not whether the panels are on the roof, but who owns them.... Read More

From settlements on or after 26 November 2025, the Victorian foreign purchaser additional duty test for New Zealand citizens is no longer based only on whether the buyer holds a Special Category Visa (Subclass 444) at settlement. A New Zealand citizen must satisfy the Commissioner that they ordin... Read More

In Victoria, almost all settlements now happen electronically through PEXA, and new Victorian certificates of title have been electronic since 3 August 2024. Before settlement can finish, the party who controls the electronic Certificate of Title, often the selle... Read More