Since 2010, we have seen a gradual increase in regards to Self-Managed Super Fund property investment. Whilst there are many benefits to this like tax minimisation, discounted gains tax etc, it is not all black and white and there can be an increased risk of complications and delays attached to this type of transaction. Before … Continued
To help you navigate the world of conveyancing, Eckermann Conveyancers are constantly monitoring changes to legislation, technology and the conveyancing sector in general, to ensure you are getting the most relevant and efficient service possible.
Frequently asked questions
Conveyancing is the legal process of transferring the ownership (the rights, title and interest) of Real Estate Property from one legal entity to another. A conveyancer is required for both sides of a real estate transaction – buying and selling
At Eckermanns, we have the knowledge, systems and expertise that you’ll need as you prepare for the official transfer of your new place into your own name. We deal with Residential, Commercial, Leasing, Subdivisions, Family transfers, Deceased Estates and more. We keep you updated throughout the journey from the start until finish, liaising with all parties to ensure that everything happens as planned.
Eckermann Lawyers is an Adelaide-based boutique law firm renowned for providing service excellence across practice areas including:
• General Commercial
• Asset Protection and Estate Planning
• Hospitality & Licensing
• Aged Care and Retirement
• Renewable Projects
In South Australia, it is a legal requirement (under Section 7 of the Land and Business (Sale and Conveyancing) Act 1994) when selling a property to disclose certain particulars relating to the purchaser’s land. This disclosure is called a Vendor’s Statement or Form 1.
Serving a Form 1 to a purchaser will activate the two clear business day cooling-off period when it is possible for purchaser to change their mind and “cool-off” on the contract in writing.
When buying at auction where there is no cooling off period. The Form 1 is required to be available for viewing for at least three working days prior to the day of the auction at the office of the real estate agency conducting the sale. The Form 1 must also be on display for 30 minutes prior to the start of the auction. It is a lengthy document and we recommend you ask your conveyancer to review the Form 1 for you.
We all know that buying a new home is not just paying what’s on the tag. There are lots of hidden costs of buying a house to consider. Being aware of these costs and adding them into your calculations will help you avoid the unexpected out of pocket expenses that come with buying a property. … Continued
The last quarter of 2020 saw SA housing prices achieve a lift of 3.6%, well ahead of the 2.3% national average and they are sitting at a record high. For the full year, housing values nationally grew 3.0% while SA outpaced that number with 5.9%. What’s going on and did it all start with a … Continued
Managing your employees entitlements during the business sales process. You may wonder what will happen to your employees when you sell, especially if you feel responsible for their financial wellbeing after years of job security. We recently sat down with Adelaide based Dale Wood Business Sales to discuss the topic of managing your employees entitlements … Continued