Gently there's been a rise in the number of Real Estate Agents outsourcing the preparation of Form 1 preparation to for Vendor clients. With the many changes to the law In relation to disclosure, //Adcocks support the practice. However as with all of these things, provided it's done appropriately! If your Agent is using an outside firm to prepare the Form 1 there are some things you should consider. * Who is paying for the service (if engaged by the Agent, it should be them that pays the account) * Can the Conveyancer who prepared the Form 1 also act for you as a Vendor or Purchaser or is this a conflict of interest? * who is liable if the Form 1 is found to be incorrect? Call //Adcocks if you want these questions and more answered - protect yourself!

The government has announced a new land administration system to replace the current (and very old) system. Of course, this means yet another levy on all land transactions!

An additional $15 will be charged on land dealings......for a copy of the media release click here

If it's not one fee it's another.......... for more information call //Adcocks 8340 0700

 

Well, I'm off to Bali for a week of relaxation with my wonderful husband, Phil and 15 month old daughter Zara on Sunday.

Rob and the rest of the //Adcocks team will be here keeping things running smoothly as they always do, so call them on 8340 0700 for any questions you may have in relation to buying, selling, leasing or sub dividing!

See you in a week, Bianca

Once again the First Home Owners Grant (FHOG) has been changed.... from 17 September 2010 a cap of $575,000 on the market value of a property purchased will apply. The cap will be reviewed every year in accordance with the June quarter median house price so check back then and we'll keep you posted!

For now, the FHOG is a one off payment (provided you need the criteria) of $7,000 for an existing house. A bonus grant of $8,000 is available for the purchase of a new home.

For more detail and to see if you qualify, call //Adcocks on 8340 0700 or email us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it   

On December 2, 2010 the Government announced new Swimming Pool regulations o ensure fencing and other safety measures are met. Essentailly, the regulations state that:

* all pools will be required to have a fence which isolates the swimming pool from the house

* boundary fences used as part of the child safety barrier must be a minimum of 1.8m high with a 900mm non-climbable zone located at the top on the pool side of the fence

Failure to comply may incur a maximum $15,000 fine!

This is just the basics, so if you have a pool or are thinking of buying a property with a pool, give //Adcocks a call to find out what you have to do to ensure you comply.