EB Conveyancing

EB Conveyancing EB Conveyancing is focused on professionalism and communication.

08/07/2026

We are seeing an unprecedented number of inquiries for Self Managed Super Funds.
This comes as a result of another change by the Federal Government to Limited Recourse Borrow Arrangement and Residential Properties.
This new ruling comes into affect from 10th August 2026, so now is the time to act.
Ensure you seek appropriate legal and financial advice due to the intricacies of these type of transactions.

30/06/2026

Day One for the new Anti-Money Laundering Legislation!!

Best of luck to our industry colleagues, especially those in the Real Estate Sector, who this is a whole new ball game to.

To our clients, this is just business as usual in most senses of the requirements, but a reminder that AML is more then just verification of identity and also involves many other areas, such as source of funds and source of wealth.

To both industry colleagues and prospective Purchasers and Vendors, please do not hesitate to reach out to us, if you have any questions regarding AML and how this looks for your transaction, please do not hesitate to contact us.

On the final day first home buyers had access to the duty concession, the team has gone above and beyond to ensure all t...
30/06/2026

On the final day first home buyers had access to the duty concession, the team has gone above and beyond to ensure all those with the ability to settle today did.
This resulted in tens of thousands of dollars being saved by these Purchasers, where a mere 24hrs would see things swing the other way for them financially.
Congratulations to Ellen for being apart of a transaction involving both incoming and outgoing lenders, settling not only in a mere 25 days, but also doing so via PEXA and to Emmi and the team, for pushing a matter and calling in some pretty big favours to have a matter settle just after 4pm (this is extremely unusual and settlements do not occur at this time).
These are but a snippet of today's settlements, but some of worthy mention.
Well done team!!

Tasmania’s property system is officially going paperless!From 1 September 2026, the Tasmanian Land Titles Office will pe...
25/06/2026

Tasmania’s property system is officially going paperless!

From 1 September 2026, the Tasmanian Land Titles Office will permanently retire paper Certificates of Title. Here is what you need to know about the switch to e-titles:

🚫 No more paper titles: Physical title documents are no longer required for property transactions.

🔒 100% digital lodgments: Settlements and dealings are now securely processed through online systems like TOLD and PEXA.

📄 Keep it for sentiment: If you still have your old physical paper deed, you can keep it as a keepsake—it just holds no legal value anymore.Whether you are buying, selling, or managing property, the process is now faster, more secure, and entirely digital.

With so many changes in the industry, ensuring we stay at the top of our game is extremely important. Our amazing team i...
18/06/2026

With so many changes in the industry, ensuring we stay at the top of our game is extremely important.
Our amazing team is the reason for this one, now 4 years recognised as the Tasmanian Residential Conveyancing Firm of the Year.

Verification of Identity is nothing new in AML.... but SOF / SOW.... now that's a big change Conveyancers have not had t...
08/06/2026

Verification of Identity is nothing new in AML.... but SOF / SOW.... now that's a big change Conveyancers have not had to deal with until now.

The biggest change for clients and industry partners is 'source of wealth and source of funds'.

They sound similar, but are a different side of the same coin.

Source of Wealth refers to the clients origin of wealth (how did they accumulate the funds to be utilised in the transaction).
Evidence of this could be payslips, accumulated savings, profits from investments etc to prove the origin of the total accumulated over time and how does the client have the assets they do.

Source of Funds is more specific and refers to the origin of the funds to be utilised for a specific transaction.
Evidence could include proceeds from a recent property Sale, salary payments or proceeds from other investments.

Both operate both separately and jointly and are in integral part of customer due diligence.

As a business we would love to not have to hound you for evidence of savings through payslips or to assess if your income is sufficient to have saved the funds you are contributing to a transaction.

But to ensure everyone does their part in regards to Anti-Money Laundering, it is an essential part of the process which is now the norm.

What changes will AML bring?This is entirely dependent on your practices prior to AML being introduced.One of the initia...
04/06/2026

What changes will AML bring?

This is entirely dependent on your practices prior to AML being introduced.

One of the initial stages of the process is Know Your Client (KYC) or Know Your Business (KYB).

For a business currently conducting ARNECC standard verification of identity, this initial change is simply a renaming of a current process.

KYB/KYC becomes part of a bigger picture as part of customer due diligence, but for us this is simply business as usual.

We are one month away from the biggest change to the Real Estate and Conveyancing scene.For the past 12 months we have b...
01/06/2026

We are one month away from the biggest change to the Real Estate and Conveyancing scene.

For the past 12 months we have been tirelessly reading discussion papers, meeting with government representatives from AUSTRAC and refining our plans to ensure it is business as usual for our clients.

AML changes come into effect July 1 and will affect both Purchasers and Vendors with the additional requirements of documentation to be provided.

Over the coming weeks we will aim to educate on what the changes mean for all parties in a transaction.

IMPORTANT INFORMATION FOR FIRST HOME BUYERSAfter the Tasmanian Government released the 2026-2027 budget, there is big ne...
26/05/2026

IMPORTANT INFORMATION FOR FIRST HOME BUYERS

After the Tasmanian Government released the 2026-2027 budget, there is big news for First Home Buyers, looking to utilise the First Home Buyer Stamp Duty Concession (for Established Dwellings).

The Duty Concession will expire on Tuesday, 30th June 2026, meaning that all transactions settling on, and from, Wednesday 1st July 2026 will not be eligible for the Duty Concession.

The operative date for being eligible for the Duty Concession is the date settlement takes place, not the date the Contract is entered into.

The First Home Owner Grant, for newly built dwellings, has also changed. From Wednesday, 1st July 2026, this has decreased from $30,000 to $20,000.

This represents a major change to the property market for many aspiring homeowners.

If you have a current Contract of Sale we urgently advise you to speak to your Lender/Broker and Conveyancer to ensure you meet any deadline.

For those looking at purchasing prior to Wednesday, 1st July 2026, again, speak to your Lender/Broker about how these changes will affect your affordability and your Conveyancer for the logistics of entering into a Contract.

We have every hope that the State Government may change their position on removing the Duty Concession in the future, but this is the current state of affairs Buyers in the property market need to be aware of.

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Hobart, TAS

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Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9:30am - 12pm

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