CONVEYANCING COSTS
Sales
with no mortgage
1 mortgage
2 mortgages
3 mortgages
|
Fee
500.00
600.00
800.00
1,000.00 |
GST
62.50
75.00
100.00
125.00
|
D/bts
87.50
170.00
280.00
370.00 |
Total
650.00
845.00
1,180.00
1,495.00 |
Purchases
With no mortgage
1 mortgage
2 mortgages
3 mortgages
|
600.00
700.00
900.00
1,100.00
|
75.00
87.50
112.50
137.50
|
185.00*
272.50*
382.50*
457.50*
|
860.00
1,060.00
1,395.00
1,695.00
|
| *
Excluding any LIM fee of local council - not all purchaser's require
a LIM report |
Refinancing
1 mortgage
2 mortgages
a) with no M/Priority
b) with M/Priority
|
600.00
700.00
800.00 |
75.00
87.50
100.00 |
205.00
307.50
470.00 |
880.00
1,095.00
1,370.00 |
Mortgage
a) Freehold Title
b) As 2nd mortgage
|
300.00
400.00
|
37.50
50.00
|
132.50
185.00
|
470.00
635.00
|
Discharges
of Mortgage
1 mortgage
2 mortgages
3 mortgages
|
200.00
300.00
500.00
|
25.00
37.50
62.50
|
115.00
212.50
314.50
|
340.00
550.00
877.00
|
| Variation
of Mortgage |
240.00 |
30.00 |
115.00 |
385.00
|
| Guarantees
(each) |
200.00 |
25.00 |
35.00 |
260.00 |
| Caveats |
220.00 |
27.50 |
122.50 |
370.00 |
Easements
& Encumbrances
a) with no prior charge
b) with prior charge |
Please call us for an estimate
|
| Rating/Mortgagee
Sales |
Please
call us for an estimate
|
| Subdivisions
(including unit titles and cross-leases) |
Please
call us for an estimate |
The above cost are for straightforward transactions. If further work is required, then an additional charge will be made.
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ESTATE PLANNING COSTINGS
The normal documents which we prepare for
an estate planning exercise are:
- Deed of Family Trust
- Lease of Residence
- Agreement for Sale and Purchase
- Deed of Acknowledgement of Debt
- Deed of Forgiveness of Debt
- Gift Statement
- Transfer
- Notices of Sale
- Settlement Statement
- Will(s) or Codicil(s) to Will(s)
- Minutes of Meeting of Trustees
- Enduring Powers of Attorney for Property and Personal Care and Welfare
The cost of this is usually between $2500 and $3000. If there is a mortgage on the title, then this may also involve a discharge of same and a substitute mortgage being taken. This would cost a further $450 plus any bank consent/discharge fees.
Our costing is very reasonable.
It is necessary to compare apples with apples, as other quotations may
embrace only minimum documents.
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COMMERCIAL CONVEYANCING COSTS
| Sale
of Business |
Fee |
GST |
D/bts |
Total |
(a) Plant
& Equipment only without Assignment
of Lease of premises |
800.00 |
100.00 |
50.00 |
950.00 |
| (b)
Entire business (goodwill, plant, stock) |
|
(i) Without Assignment of Lease |
1000.00 |
125.00 |
75.00 |
1,200.00 |
|
(ii) With Assignment of Lease |
1,200.00 |
150.00 |
150.00 |
1,500.00 |
| Purchase
of Business |
| (a)
Premises only (new Lease) |
900.00 |
112.50 |
87.50 |
1,100.00 |
| (b)
Plant and Equipment only |
|
|
|
|
|
(i) Without Assignment of Lease |
1000.00 |
125.00 |
75.00 |
1,200.00 |
|
(ii) With Assignment of Lease |
1,400.00 |
175.00 |
125.00 |
1,700.00 |
| (b)
Entire Business (goodwill, plant, stock) |
|
(i) Without Assignment of Lease |
1,100.00 |
137.50 |
112.50 |
1,350.00 |
|
(ii) With Assignment of Lease |
1,600.00 |
200.00 |
175.00 |
1,975.00 |
(iii) With Assignment and Debenture or
collateral Mortgage |
2,000.00 |
250.00 |
250.00 |
2,500.00 |
(iv) Without Assignment, but with
Debenture or collateral Mortgage |
1,400.00 |
175.00 |
175.00 |
1,750.00 |
(v) With Assignment, Debenture and
collateral Mortgage |
2,200.00 |
275.00 |
275.00 |
2,750.00 |
(vi) Without Assignment, but with
Debenture and collateral Mortgage |
1,600.00 |
200.00 |
275.00 |
2,075.00 |
| Company
Formation |
300.00 |
37.50 |
175.00 |
512.50 |
| Commercial
Lease |
| Landlord
prepares: |
|
(a) With no separate personal guarantee |
500.00 |
62.50 |
62.50 |
625.00 |
|
(b) With separate personal guarantee |
600.00 |
75.00 |
75.00 |
750.00 |
| Tenant
prepares: |
|
(a) With no separate personal guarantee |
600.00 |
75.00 |
75.00 |
750.00 |
|
(b) With separate personal guarantee |
700.00 |
87.50 |
112.50 |
900.00 |
| Chattel
Mortgages (Security Interests) |
500.00 |
62.50 |
162.50 |
725.00 |
| Guarantees
(each) |
250.00 |
31.25 |
43.75 |
325.00 |
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NOTES
- The costs on the sale and/or purchase
of a business do not include the cost of special resolutions, preparation
and filing of any other company documents, surrenders of lease, the
Landlord's costs (including consent fee) on the Lease or Assignment
of Lease, stamp duty, licence fees and insurance premiums.
- If a collateral mortgage is required
over residential property, the costs will increase if such mortgage
is a second or subsequent mortgage and/or any alteration in priorities
is required.
- The costs on a sale or purchase may
also increase if the nature of the business requires the obtaining of
licences or transfer of existing licences (e.g. sale of petrol, BYO
or liquor licence etc), the obtaining of special planning consent, and/or
the approval of the local body or any other authority (e.g. Securities
Commission).
- All of the above costs assume a straightforward
transaction without disputes or protracted negotiations. Anything other
than a straightforward transaction will incur further costs.
TIME AND ATTENDANCE MATTERS
Time and attendance matters (principally litigation and opinions) are costed at a minimum of $180.00 per hour plus GST and disbursements.
WILLS
Single Will
$120 + $15.00 GST + $5 dbts = $140.00
Wills for Couple $240 + $30.00
GST + $5 dbts = $275.00
RELATIONSHIP PROPERTY AND PROPERTY SHARING AGREEMENTS
A minimum of $450 plus $56.25 GST plus
$25.00 disbursements = $531.25
NOTARISING
$50.00 plus GST for the 1st original
document
$30.00 plus GST for each further document
$15.00 plus GST for each copy of an
original document
MEDIATIONS AND ARBITRATIONS
A minimum $200.00 per hour plus GST and disbursements.
DECLARATIONS AND
AFFIDAVITS $5.00 each
PASSPORT/CITIZENSHIP
$30.00
WITNESSING/CERTIFYING
COPIES OF DOCUMENTS $3.00
each page
PHOTOCOPYING
.50c each page
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