What are Property Searchers?

Did you know about SEARCHES?

People selling or buying property are often confused when they see a conveyancing quote.

Wherever you go for conveyancing services, you will be charged for disbursements on top of the amount for professional fees. These disbursements are the standard search and registration fees part of the conveyancing process.  They are charged by Government departments and other third-party organisations that provide the reports and search results for the property sold or purchased. Some of the searches are mandatory, and some are strongly recommended.  You can opt to do extra searches if you are concerned about anything about the property that will not be covered in the standard searches.

On this financial year’s fee schedule, the searches and registration fees for a standard purchaser are approximately $800.00 inclusive of GST plus Stamp Duty. The current searches and registration fees for a standard seller (vendor) are approximately $400 (for vendors with a mortgage), including GST.

Therefore, when considering pricing for conveyancing services, you should focus on the cost of professional fees as they are the fees that vary from firm to firm and not the disbursements.

Contact Caitlin if you have any concerns or questions about search and registration fees, or check out the Pricing page for a breakdown.

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