For contracts of sale of real estate worth $2M or more entered into from 1 July 2016 new property rules state that all purchasers of such real estate must withhold 10 percent of the purchase price unless they are given a clearance certificate by the vendor. Vendors of...
Today I am discussing the need for Verification of identity and e-conveyancing. To reduce the risk of property fraud, states across Australian are introducing verification-of-identity (VOI) legislation for transfers of property. It also compulsory for property sales...