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Frequently Asked Questions
What is Conveyancing?
Why do I need a Conveyancer?
How much will Conveyancing cost?
Can I choose my own Conveyancer?
What questions should I ask a Conveyancer?
What is Tax Depreciation?
Can I estimate the depreciation deductions my investment property has?
What do I need to know before signing a Contract?
How much will my Stamp Duty and Registration Fees be?
What is Conveyancing?
Conveyancing is the term for the process required to effect transfer of ownership of property. It includes necessary checks and searches on the property and the preparation and lodgement of numerous legal documents at the Lands Titles Office.
Why do I need a Conveyancer?
While the definition of conveyancing is simple enough, the fact that conveyancing is a legal procedure does introduce a number of complexities. Whether you are buying or selling a residential property, there are many traps for the inexperienced and unwary.
How much will Conveyancing cost?
Every transaction is unique and therefore we encourage you to contact our office for a detailed quote.
Tuckfield - Adelaide Conveyancing pride themselves on ensuring all costs associated with the transaction are disclosed up-front.
Can I choose my own Conveyancer?
ABSOLUTELY. In fact, we encourage clients this! Do not be misled into thinking it is easier or cheaper to use "the Agent's Conveyancer".
What questions should I ask a Conveyancer?
Are they members of the Australian Institute of Conveyancers?
Are they registered with the Office of Consumer and Business Affairs?
Do they hold adequate Professional Indemnity Insurance?
Do they regularly attend seminars and Best Practice Groups to keep informed of the latest developments within the industry?
Do they have systems in place to ensure efficiency?
Are they up front with all of the fees they will be charging?
Are they aligned with other property professionals to put you in touch with the right people who can give you the best advice?
Do they have knowledge in several areas of conveyancing?
Do they keep you consistently informed of the settlement process and maintain close contact with you?
Are they passionate about Conveyancing?
We say YES to the above and MORE!
Contact the team at Tuckfield Conveyancing today and let us help you.
What is Tax Depreciation?
As a building gets older and items within it wear out, they depreciate in value.
The ATO allows property investors to claim a deduction related to the building and plant and equipment items contained within it. It can be claimed by any owner of an income producing property. This deduction essentially reduces the after tax cost of owning an investment property – investors pay less tax!
Can I estimate the depreciation deductions my investment property has?
In conjunction with Tuckfield Conveyancing, BMT Tax Depreciation has provided a tax depreciation calculator on this website, whereby you can estimate the potential depreciation deductions you may be entitled to claim.
Click on this link to acess our FREE Tax Depreciation Calculator
***SPECIAL OFFER!***
As a client of Tuckfield Conveyancing, BMT Quantity Surveyors are offering a FREE review of your existing tax depreciation report/claim to identify any missed deductions.
Contact BMT on 8231 1133 or email info@bmtqs.com.au
What do I need to know before signing a Contract?
Looking to Buy a Property? Read this before you sign your Contract...
How much will my Stamp Duty and Registration Fees be?
Both Stamp Duty and Registration Fees are calculated on the consideration amount in the Contract of Sale.
These fees are payable on ALL Conveyances (speak to your Conveyancer regarding the few exceptions) and can be calculated at the Revenue SA Website - follow this link for more information.
