LCN Conveyancing

02/12/2023

Last week, the Victorian Government introduced laws in Parliament aimed at prohibiting builders from accepting deposits for Major Domestic Contracts without having the necessary insurance. The Building Legislation Amendment (Domestic Building Insurance New Offences) Bill 2023 seeks to ensure that consumers have insurance coverage before making any payments to a builder for domestic building projects exceeding $16,000.00. This legislative initiative is a response to the collapse of Porter Davis Homes and other domestic volume builders, which brought to light various problematic practices, including the failure of companies to secure the required insurance prior to accepting deposits under a Major Domestic Building Contract. The newly proposed offences carry penalties of up to $96,000.00 for individuals and $480,000.00 for companies if they fail to meet the insurance requirements. It provides some level of comfort consumers considering a new build project. For more information, read more here:

The Allan Labor Government is delivering on its promise to provide stronger protections to Victorians building or renovating their homes with the introduction of new legislation into the Victorian Parliament today.

08/09/2023

https://www.realestate.com.au/property-house-vic-macleod-142981976

Architect designed in 1962 and lovingly maintained by its original owners since, this four bedroom two bathroom Mid-Century Modern home is an enthusiasts dream. Exceedingly private and arranged around a central alfresco courtyard, this time capsule home with its exposed beams and extensive...

12/08/2023

https://www.abc.net.au/news/2023-08-09/conveyancers-paying-fees-to-real-estate-agents-for-referral/102539502?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web

If you have been recommended a Conveyancer or Lawyer
by your agent or broker, ask them the following questions:

1. Do you get paid any fee or other reward whatsoever from that Lawyer or Conveyancer that you have recommended, if I choose them to act for me?

AND

2. How can I be satisfied that if something goes wrong on the file, especially if caused by you as my agent, that the Conveyancer or Lawyer YOU recommended will look after ME ahead of YOU?

LCN Conveyancing believe in being open and transparent. We do not engage in any form of paid referral or kickback schemes. Our commitment is to protecting our clients interests AT ALL TIMES.

It's banned in three states, but in other parts of Australia conveyancers are paying real estate agents to recommend their services in a practice one insider has described as unethical even though it's legal.

02/08/2023

Did you know that unfair special conditions in a property contract can negatively impact both purchasers & vendors?

These special conditions, when designed unfairly, can lead to unintended consequences and disputes.

So what are special conditions?

Well, simply put, they are additional clauses included in a Contract of Sale to cater to specific requirements or circumstances. While they can be beneficial, it is crucial to ensure fairness and transparency for both the purchaser and vendor.

Common special conditions may pertain to finance approval, building inspections, property repairs, or other contingencies.

The Impact on Purchasers:
Unfair special conditions can pose significant hurdles for property purchasers. For instance, overly restrictive finance approval timelines or requirements may lead to undue pressure and difficulties in securing a loan. Additionally, vague or misleading building inspection clauses might leave purchasers in the dark about potential property issues, leading to unexpected repair costs.

The Impact on Vendors:
Vendors can also face adverse consequences from unfair special conditions. Unreasonable special conditions can deter potential purchasers from putting in an offer on your property resulting in a lost sale. Furthermore, prolonged negotiations on unclear clauses might deter potential buyers, reducing the property's marketability.

Before entering into any property transaction, it is imperative that you seek proper advice from a qualified & licensed conveyancer or experienced property lawyer.

Don’t leave one of your biggest investments to chance!

Contact us today to see how we can help!

20/07/2023

Oh I do love me a mid century home!!

What does one do on a cold Melbourne afternoon? Pop along to an open for inspection of this stunning mid century Merchant Builders home hosted by Belle Property Glen Iris
What a gorgeous little gem!😍🏠 It is mostly in original mint condition (yay!!), making it a dreamy sanctuary for any potential homeowner.
Good luck to the vendors, Belle Property & the lucky buyer, who will hopefully appreciate its unique character & the potential it holds.

Are you thinking of embarking on the exciting journey of buying or selling your dream property? If youre thinking of buying, we provide a free contract review service on most standard residential contracts of sale. We are also extremely diligent in preparing contracts of sale and vendor's statements & are extremely responsive. Contact us today to find out how we can help!

02/07/2023

Be wary of the response “of course we can!”

21/06/2023

LCN Conveyancing provides reassurance, simplicity and streamlined conveyancing services.

With us, you can expect a personalised approach that puts your interests first. We communicate promptly and transparently, keeping you informed at every stage of the conveyancing process. Our goal is to empower you with the knowledge and support necessary to make informed decisions confidently.

We are passionate in what we do and pride ourselves on delivering a seamless and hassle-free experience that minimises stress and maximises your satisfaction.

Experience the difference of being treated like a valued client, where exceptional service is the norm. Contact us today and let us handle your conveyancing needs with professionalism, expertise and a personal touch that sets us apart.