Property Law & ConveyancingIncluding transactions involving houses, units, hotels, office blocks, resorts, abattoirs, co-operatives, farming estates, tree farms, aircraft, ships, marine chandlery, specialised personal services, businesses as diverse as computer consultancies and valuable licences such as abalone and crayfish, property development including subdivisions and leasing. We also specialise in Stamp Duty, Capital Gains Tax, GST and Foreign Investment advice.
Bishops can resolve the Risks and Dangers Buying or selling property is a major legal and financial transaction. There are numerous legal requirements to be met and many pitfalls to avoid. Outsourcing by lenders of mortgage processing to the mainland and frequent changes in practice are a constant threat to settling on the due date.
Hidden title problems may be exposed and unpleasant discoveries can be made. More and more complex laws mean more and more traps for the unwary.
You need someone who is trained and experienced to protect you during what will most likely be the most expensive investment you will make. It's a harsh fact of life that only you and your lawyer will watch out for your rights, and some people will take advantage of you if they can.
Bishops can give you Peace of MindBuying or selling your property should be a quick, simple and pleasant process but it can easily become a stressful experience if even the slightest issue starts to go wrong. When you come to your friends at Bishops you can relax and leave the hassles behind. Our knowledgeable and friendly team will handle your transaction with dedication and efficiency. Using Bishops will ensure that your hard earned savings are secure. We check to see what rights others may have over your property by carrying out searches of records kept by the government instrumentalities.
We ask questions about adverse rights which may not be discoverable by public search. Our fee is your insurance premium against unexpected consequences. Our searches and advice will provide you with the information you need to ensure security and peace of mind.
Bishops has competitive Costs and DisbursementsThe Law Society of Tasmania has a recommended scale of charges for the conveyancing of property based on the price of your property. Bishops is always happy to quote your conveyance and any additional services you may be requiring. It is important to keep in mind that all property purchases are also subject to stamp duty which is based on a percentage of the purchase price. This government duty charge must be taken into account in your overall purchase costs. Stamp duty costs many thousands of dollars and is levied in proportion to the price of the property. To assist you in determining an indicative costs for stamp duty (plus GST) we have provided a quick calculator below.
www.treasury.tas.gov.auThe other fees paid to Government bodies usually amount to approximately $400.00 when purchasing and $250.00 when selling. You are welcome to call for estimations from our friendly staff prior to purchasing.
Rates of Property Stamp DutyDuty (a state government tax) is payable on transfers and transactions effecting transfers of land (real property) and other dutiable property. It is crucial to note that the purchaser is responsible for payment of the duty within three months of the date of transfer or if the transfer is effected by a written instrument, within three months of when the instrument is first executed. Stamp Duty is an extra cost that must be provided for when calculating the overall price of any property you are considering purchasing. As Stamp Duty rates are subject to legislative changes from time to time we have provided a convenient speed link to the Stamp Duty calculator on the website of the State Revenue Office which controls Stamp Duty.
You may also contact Bishops staff directly as they will happily assist you to calculate your overall costs in any transaction.
www.treasury.tas.gov.auBishops offers great Value for MoneyBishops conveyancing fees give you value for money and are highly competitive. Our informed and highly experienced conveyancers offer a first class service with the benefit of having all the resources of a highly respected and experienced law firm law firm behind them. You will receive considerate and friendly service, the guidance and support of highly experienced conveyancers and the timely and professional completion of your settlement.
Exceptional ServiceOur philosophy is to excel in the conveyancing market through exceptional service with a friendly attitude. Your transaction is important to us and we offer you first class personal service. If you are a first home buyer, we will help you apply for the First Home Owners Grant. If you need finance we can refer you to helpful and respected people across a wide range of lending bodies.
If your transaction requires additional clauses, we endeavour to draft or approve these as quickly as possible.
Is your contract already signed ? Ask your real estate agent to fax a copy of the contract to us on 03 - 6334 0996 for our Launceston Office.
About to sign a contract or going to auction ?If you are preparing to go to auction we can assist in advance with advice regarding the auction contract. If you are contemplating buying and are presented with a contract you don't understand we are more than willing to assist with interpretation and provide advice specific to your circumstances.
Call us at our Launceston Office on (03) 6334 1667 or email us.
Want to know the exact costs ?Call Bishops and ask for one of our friendly conveyancers who will be delighted to advise you of the costs involved in effectively managing a property conveyance.