11 Saville Street, Burnside VIC, Australia
Frequently Asked Questions
Please reach us at info@aloraconveyancinggroup.com.au if you cannot find an answer to your question.
Conveyancing is the legal and administrative process of transferring ownership of a property from one person to another.
A conveyancer helps manage the important steps involved in buying, selling or transferring property, including reviewing or preparing contracts and Section 32 statements, conducting property searches, preparing legal documents, communicating with the other parties, and arranging settlement through PEXA.
At Alora Conveyancing Group, our role is to protect your interests, explain the process clearly, and guide you from contract to settlement as smoothly as possible.
A Section 32, also known as a Vendor Statement, provides important information about the property that must be disclosed to a prospective purchaser before they sign the Contract of Sale. The Contract of Sale sets out the terms and conditions of the transaction, including the purchase price, deposit, settlement date and any special conditions.
Yes, definitely!
If you are considering purchasing a property, we can review the Contract of Sale and Section 32 as many times as you need until you find and purchase your dream home. We want you to feel confident before signing or making an unconditional offer. If your matter is urgent, simply let our team know when contacting us.
It is strongly recommended that you have the Contract of Sale and Section 32 reviewed before signing. This gives your conveyancer an opportunity to identify important conditions, potential issues and obligations before you become legally bound by the contract.
No, you don’t need to come into our office. For most property transactions, attending our office is completely optional, as conveyancing transactions are completed electronically through PEXA.
We can conduct meetings via secure video conference or phone, allowing us to assist you wherever you are in Victoria.
However, if you prefer to meet us in person, we would love to welcome you to our Burnside office. Simply contact our team to arrange an appointment.
Whatever works best for you, we’re here to make your property journey as simple and convenient as possible.
Yes. We are proud to be a multicultural and multilingual team. In addition to English, our team can communicate in Vietnamese and Korean, helping clients and their families feel more comfortable and confident throughout their property journey.
If you would prefer to communicate in your own language, simply let us know. Where available, we can assist with both spoken and written communication in your preferred language, making the conveyancing process easier to understand from start to settlement.
Yes. We can assist with preparing your Contract of Sale and Section 32, obtaining the required property information and searches, liaising with your real estate agent and the purchaser's representative, and managing the matter through to settlement.
PEXA (Property Exchange Australia) is a secure electronic platform used to complete property settlements and lodge property transactions online. It allows conveyancers, lawyers and financial institutions to work together electronically to complete your settlement.
This means that for most property transactions, you do not need to attend our office or be physically present on settlement day. Our team can manage the process electronically and keep you updated throughout your property journey.
Yes. Alora Conveyancing Group assists with residential investments and commercial property transactions, subject to the nature and complexity of the matter.
Our professional conveyancing fees start from $990, depending on the type and complexity of your property transaction. Before we begin, we will provide you with a Cost Disclosure Statement so you clearly understand our professional fees and the other costs associated with your matter.
In addition to our professional conveyancing fees, there may be third-party fees and government charges associated with your property transaction. These costs are separate from Alora’s professional fees and will vary depending on your property and the type of transaction.
Depending on your matter, these may include property searches and certificates, stamp duty (land transfer duty), PEXA fees, Land Use Victoria registration fees, and bank or lender fees.
We will calculate and explain the relevant costs before settlement, so you have a clear understanding of what you will need to pay.
We believe conveyancing should be professional without feeling impersonal. Our focus is on clear communication, careful attention to your matter and making sure you understand what is happening throughout your property journey.
A Client Authorisation Form (CAF) is a document that gives your conveyancer or lawyer authority to act on your behalf in an electronic property transaction.
By signing the form, you authorise us to complete certain conveyancing tasks for you, such as signing and lodging electronic documents, completing your settlement through PEXA, and carrying out other authorised steps required for your property transaction.
Before you sign the Client Authorisation Form, we will also need to verify your identity (VOI) as part of the conveyancing process.
The form does not transfer ownership of your property by itself. It simply gives us the authority to represent you and complete the authorised conveyancing steps on your behalf.
It is important that you are aware of all the costs associated with buying and selling property. Some costs may be unexpected so it is important to prepare yourself for all possible expenses, including, but not limited to:
- Fees and charges payable on mortgages: Your mortgagee may charge fees, you should contact them directly to find out
- Stamp Duty: Stamp Duty is usually payable on the purchase of property. You will be notified of an estimate of this amount in due course. Alternatively you can access the stamp duty calculator at RevenueSA.
- Registration fees: Registration fees are paid to the Lands Titles Office (‘LTO’). You will also be notified of these in due course. The registration fee calculator is available from Land Services Group.
- Rates and Taxes for the period that you will own the property: An adjustment will be calculated for rates and taxes from the date of ownership until the date they are paid up to.
- Removalist costs
- Title Insurance is a specialised insurance which provides protection to both home buyers and existing owners of residential property for certain unknown & hidden risks which may exist at the time of purchase. Some examples may be illegal buildings works, survey & boundary defects, fraud and identity theft.
- Professional Fee: This is the fee which applies to the usual tasks undertaken for transactions of this type and includes checking the Contract and other documentation and advising of any implications, checking Statutory Searches, attending to the preparation of documents usually required to transfer the property, liaising with the Real Estate Agent and Purchaser’s Conveyancer, liaising with your financial institution in relation to your mortgage, preparing a Settlement Statement and undertaking all relevant financial calculations, coordinating and attending settlement at the Lands Titles Office, advising you once settlement has occurred and notifying the real estate agent that settlement has taken place. Robbins Conveyancing can provide you with a detailed quote for your transaction. This fee also includes the costs of disbursements that will be incurred as part of our service to you, for such things as postage, file storage (for a minimum of 7 years), courier costs, faxing, telephone usage, etc.
- Government prescribed searches: Often there will be a need to order government prescribed statutory searches where enquiries need to be made on your behalf to prepare the appropriate forms to transfer ownership of the property. These costs are additional and your conveyancer can advise you further what cost will apply.
- Verification of Identity and Authority: New legislation now requires your conveyancer (or an agent appointed by the conveyancer) to verify the identity of each client through a face to face interview and must certify each document lodged with the Lands Titles Office. They must also verify that you have the authority to enter into the transaction.
- Special conditions and “subject to” clauses
It is always best to ask your conveyancer if you are unsure of the costs, as there can be unexpected fees and charges associated with your transaction
Just as with buying property, there are costs associated with selling property, which can include, but are not limited to:
- Loan repayments: Your mortgagee will provide your conveyancer with a final payout figure on the day of settlement.
- Fees and charges to discharge any mortgages/encumbrances/caveats: If you have a mortgage, encumbrance or caveat on your title that needs to be removed, the Lands Titles Office will charge a fee for this to be discharged.
- Agent sales commissions and advertising costs: If you are using a real estate agent, they may be entitled to commission and advertising costs. You should contact your agent for full details.
- Search charges: Government prescribed enquiries may need to be made on your behalf to prepare the appropriate forms to sell and transfer ownership of the property.
- Rates and Taxes for the period that you will own the property: An adjustment will be calculated for rates and taxes until the date of settlement. If you have outstanding amounts these will be paid at settlement.
- Removalist costs
- Conveyancing fees
- Professional Fee: This is the fee which applies to the usual tasks undertaken for transactions of this type and includes checking the Contract and other documentation and advising of any implications, checking Statutory Searches, attending to the preparation of documents usually required to transfer the property, liaising with the Real Estate Agent and Purchaser’s Conveyancer, liaising with your financial institution in relation to your mortgage, preparing a Settlement Statement and undertaking all relevant financial calculations, coordinating and attending settlement at the Lands Titles Office, advising you once settlement has occurred and notifying the real estate agent that settlement has taken place. Robbins Conveyancing can provide you with a detailed quote for your transaction.This fee also includes the costs of disbursements that will be incurred as part of our service to you, for such things as postage, file storage (for a minimum of 7 years), courier costs, faxing, telephone usage, etc.
- Government prescribed searches: Often there will be a need to order government prescribed statutory searches where enquiries need to be made on your behalf to prepare the appropriate forms to transfer ownership of the property. These costs are additional and your conveyancer can advise you further what cost will apply.
- Verification of Identity and Authority: New legislation now requires your conveyancer (or an agent appointed by the conveyancer) to verify the identity of each client through a face to face interview and must certify each document lodged with the Lands Titles Office. They must also verify that you have the authority to enter into the transaction.
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ALORA CONVEYANCING GROUP PTY LTD
Licence number: 002429L
ACN: 701 813 649
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