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Off-The-Plan Stamp Duty Threshold Increased to $600,000

Off-The-Plan Stamp Duty Threshold Increased to $600,000

What’s New in Duty Rules For Off-The-Plan Properties? The ACT Government’s ongoing project to abolish stamp duty has continued, with the increase of the threshold for duty on Off-The-Plan units and townhouses to $600,000. This increase comes after the government first abolished stamp duty for Off-The-Plan properties

The ACT Land Titles Office’s new ID check procedures

The ACT Land Titles Office’s new ID check procedures

The ACT land titles system had a makeover this year. Of particular importance are the strict identity verification requirements that came into effect as of 1 September 2020. As of 1 September, lawyers and banks are required to complete a new verification and authorisation procedure. We must verify the identity of our clients and coordinate […]

COVID-19 Series: An Update to the HomeBuilder Grant

COVID-19 Series: An Update to the HomeBuilder Grant

The HomeBuilder scheme has been updated with additional information published on 13 August 2020. This article provides a summary of the updated information and a complete overview of the scheme as it now stands. What are the HomeBuilder updates? As promised, the HomeBuilder scheme is now available for off-the-plan purchases. The ACT Revenue Office is […]

COVID-19 Series: What we know about HomeBuilder (so far)

COVID-19 Series: What we know about HomeBuilder (so far)

The newly announced HomeBuilder scheme aims to boost activity in the construction market in response to the covid-19 crisis. The scheme provides a cash grant of $25,000 to eligible home owner-occupiers, including first home buyers, towards renovating their properties or building a new home. HomeBuilder is available: 👉🏻 for Contracts signed between 4 June 2020 […]

Canberra: E-Conveyancing is finally here!

Canberra: E-Conveyancing is finally here!

The future is now! From 1 July 2019, we implemented electronic contracting for all clients who requested it. On 1 June 2020, ACT legislation commenced that implemented the Electronic Conveyancing National Law and allowed for digitisation of the Land Titles Register. Canberrans will soon be able to experience the delightful convenience of electronic settlements in […]

Remote Possibilities: Contactless Legal Services

Remote Possibilities: Contactless Legal Services

In these uncertain and crazy times, things still need to get done. Our team has worked remotely and flexibly, using technology as our friend, since Day Zero. So, converting our team to full-time work from home has seen no interruption or downtime. We are here and ready to assist you with remote meetings and special […]