homestart.com.au

Website:https://www.homestart.com.au/
Upvotes received0
Downvotes received0
Karma:0 (upvotes-downvotes)



0 earned Badges

No badges were found



Definitions (88)

1

0 Thumbs up   0 Thumbs down

Zoning


The permissible uses of an area of land stipulated by the council.
Source: homestart.com.au

2

0 Thumbs up   0 Thumbs down

Variable interest rate


A rate that varies in accordance with the money market rates.
Source: homestart.com.au

3

0 Thumbs up   0 Thumbs down

vendor


The person selling the property.
Source: homestart.com.au

4

0 Thumbs up   0 Thumbs down

Torrens Title


A system of title by Lands Titles Office registration that is governed by the Real Property Act.
Source: homestart.com.au

5

0 Thumbs up   0 Thumbs down

Valuation


An estimate of the value of a property by a registered valuer, usually for a fee.  Only a qualified valuer can undertake valuations. A land agent can only perform an appraisal.
Source: homestart.com.au

6

0 Thumbs up   0 Thumbs down

strata title


Individual ownership of an apartment or unit within a block or multi-unit complex. This is separate from and additional to the joint ownership of common areas shared by all the property owners in the [..]
Source: homestart.com.au

7

0 Thumbs up   0 Thumbs down

Tenants in common


A form of joint ownership in a property in which each person owns a share of property, equally or unequally. On the death of one owner, the deceased’s share passes to his or her heir/s, who assume/s t [..]
Source: homestart.com.au

8

0 Thumbs up   0 Thumbs down

TITLE SEARCH


A check of public records to ensure that the vendor has the right to sell and transfer ownership.
Source: homestart.com.au

9

0 Thumbs up   0 Thumbs down

stamp duty


A state government tax, based on the sale price of a property, paid by the buyer when property ownership is transferred or on the amount of a loan.
Source: homestart.com.au

10

0 Thumbs up   0 Thumbs down

SOLICITOR


A legally qualified and licensed person who undertakes legal work and provides legal advice for a fee. A solicitor may specialise in conveyancing and property law.
Source: homestart.com.au


To view all 88 definitions, please sign in.