Confusion often reigns supreme over chattels and fixtures. Hopefully, this info will help you to understand what the difference is… Chattels are defined as ‘movable, tangible articles of property’ - Osborn’s Law Dictionary, and ‘movable goods’ - CCH Macquarie Law Dictionary. A Fixture is defined as 'any chattel which has been affixed to land or [...]
Settlement generally occurs between 2-4pm on the arranged date. The process can take as little as a few minutes. Following that, arrangements for key collection can be made. […]
Settlement Day is the final step of the conveyancing process – the day you assume legal ownership of your home. […]
You’ll hear a lot of talk about PEXA if you choose to settle your Property Matter with CMB Conveyancing. What is PEXA? PEXA (Property Exchange Australia) is Australia’s online property exchange network. It assists members – such as lawyers, conveyancers and financial institutions – to lodge documents and complete financial settlements electronically. In short, it’s [...]
What is a Building and Pest Inspection? A Building Inspection is an important check to complete when buying a property. The building inspection report is a written account of the property’s condition. It will include any significant building defects or problems such as rising damp, movement in the walls (cracking), safety hazards or a faulty roof. A Pest inspection involves a [...]
The short answer to this question is YES! Clean the property. The long answer is: There is a LEGAL and MORAL answer to this question. We’ll give you the LEGAL ANSWER first: (we are, after all, a LAW firm) If, during a pre-settlement inspection, the house is found to be in poorer condition than when [...]
During challenging times, making financial decisions can feel overwhelming. And if you’re like most people, you don’t really know what to do or when to do it. So here’s a little guidance: Step 1: Assess your personal financial situation – it is unique and it needs to be treated as such. Step 2: Don’t panic, [...]
The property settlement process can be quite confusing. Fear not – help is at hand! Follow these FIVE tips to ensure you have a successful and smooth settlement. Prepare your finance application in advance A wise home buyer will already have their loan pre-approved before they start shopping around. Pre-approval is an indication of what [...]
