In Western Australia, who typically handles the conveyancing process for a property transaction?
Correct Answer
C) A licensed settlement agent
In WA, conveyancing is usually handled by licensed settlement agents, who prepare transfer documents, conduct searches, calculate adjustments and attend to settlement. Lawyers can also do this work. Settlement agents are licensed under the Settlement Agents Act 1981, and in most other states the equivalent role is filled by solicitors or licensed conveyancers.
Why This Is the Correct Answer
In WA the conveyancing for most sales is done by licensed settlement agents acting for each party.
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In WA, which of the following searches would a settlement agent typically conduct prior to settlement?
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A freestanding NSW house with a swimming pool is about to be listed. The pool is registered, but an inspector found the barrier non-compliant. Which document can be attached to the contract to meet the pool requirement?