Waterways Conveyancing

Tips for Seamless Purchase and Sale with Settlement Services WA

Tips for seamless purchase and sale with settlement services WA

When you engage any professional settlement services WA, they bridge the gap between the seller and buyer and ensures the deal to go through seamlessly. Settlement services have been in the industry for years and gained experience in this particular area. They know all the details of paperwork so the individuals do not have to go through the tiresome process during the settlement services. Who is a settlement agent? A settlement agency performs the transfer of a property’s ownership. You should appoint a settlement agent in Perth before you finally buy the property.. What comprises a settlement agency? A settlement…

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What You Need to Know About Foreign Transfer Duty?

About Foreign Transfer Duty

The recent jurisdiction in Western Australia (WA) states that from 1st January 2019, foreigners purchasing a residential property in WA must pay an additional 7% stamp duty. This dictate comes in WA after being introduced in the other Australian states. Stamp duty surcharge or Foreign Transfer Duty encompass certain rules and regulations when a residential property is acquired by a foreign person. The foreign transfer duty becomes effective from the day the document for the transaction is signed. In this blog, we shall discuss some important highlights of the foreign transfer duty. 1. What is a residential property? Residential property…

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