Main Home Page


eNews Page


Contact Us by Email


What you gain from Brown & Brown Conveyancers?


TESTIMONIALS:
Garth Brown Endorsement

Dear Garth,

I wanted to write a brief email to thank you and the Brown and Brown team for your outstanding service through a difficult house sale. As you know we live outside Austalia so it has been very challenging dealing with the real estate agent, the tenant and the purchaser from my base in London. From start to finish you managed the negotiations thoroughly and professionally and were very proactve in keeping my wife and I informed at every step. You even manged to negotiate better terms than I was expecting. I would recommend Brown and Brown Conveyancers to any prospective clients.

Clive Robert - Director IBM, London England UK

. . . . . . . . . . . .

Hi Garth,

You are a champion!
Many thanks - I know it wasn't easy!

I'll be in touch on Monday.
Thanks again,

Bruce
Dr Bruce Schaefer
GEMOC, Earth and Planetary Sciences
Macquarie University

. . . . . . . . . . . . .

Brown & Brown e-Newsletter
by Garth Brown

Send this newsletter to your friends

Return to newsletters

"What Happens at Settlement Day?"

PURCHASER INSPECTION PRIOR TO SETTLEMENT
The Purchaser is entitled to view the property before settlement by contacting and booking a time with the Agent who will also attend this final inspection.

The Purchaser inspection ensures the property is clean and tidy and no inclusions have been removed from the property, there is nothing worse than taking possession and going to your new home only to find fixtures and fittings you agreed upon are missing. Remember ‘Caveat emptor’

(Let the buyer beware) as matters like this are very hard to resolve after

BROWN AND BROWN RECOMMEND
The course of wisdom is to view the property, either later in the day before settlement, or on the morning of completion.

WHO ATTENDS SETTLEMENT?
Settlement is attended by at least four parties - Vendors & Purchasers Conveyancer/ Solicitor - plus the discharging Mortgagee and incoming Mortgagee.

At the settlement all relevant documents are exchanged i.e. Titles and Bank Cheque to the various parties.

The Purchaser or Vendor is not required to attend the settlement – Brown & Brown Conveyancers do all this for you.

Immediately after settlement - all documents are lodged with the Land and Property Office they produce a new Title and notify different Government Depts of change of ownership.

Keys are collected from the Agents Office and you now can take full possession of your new property.

THE WAY OF THE FUTURE - ONLINE SETTLEMENTS
'Change is in the air' … It’s interesting to note that by the end of next year it is proposed that most property settlements will be conducted via the internet:

• a physical Title will be done away with;

• all parties will digitally sign documents on behalf of Clients;

• Banks will digitally sign the Mortgage documents on behalf of Borrowers; likewise with Conveyancers;

• identity checks will be mandatory;

• funds will be transferred via the internet to banks; Solicitors trust accounts;

• Council Water and Strata levies paid at settlement via the internet;

• all dealings registered instantaneous at Lands Title office rather than the way it is now having to wait up to 3 or 6 months for new Titles to be registered.

PHYSICAL TITLES vs ONLINE TITLES
The Physical Title or cardboard Title held by Banks was introduced to prevent fraud - now it is increasing fraud because fraudsters are able to produce (forge) Titles better than the Lands Title office, and as some recent cases have shown it is usually family members hooked on gambling who resort to forging titles; although internet fraud is also a problem it is thought that in this instance an Online title will be more secure.

Next: "Is your Credit Rating HEALTHY" September 2010

In the meantime you can keep in touch with Garth Brown on

		Youtube			Facebook			Linkedin			Twitter

Send this newsletter to your friends

PLEASE DOWNLOAD OUR FEATURE CONVEYANCING ARTICLE IN AUSTRALIA'S BEST BUILDING, CONSTRUCTION & MINING MAGAZINE.

Garth Brown Endorsement.

. . . . . . . . . . . . .

Thank you again for your valued custom.

License No: 1055854

We appreciate the referrals.

. . . . . . . . . . . . .

Sign up for our e-newsletter: