General Knowledge - Conveyancing

Question

Answer

A situation where a property is owned by one person.

A legal document created by a person who entrusts another person to act on their behalf.

A process to reduce the risk of identity fraud and the registration of fraudulent land transactions.

A unique 8 digit identifier assigned to each property in Queensland.

What is the capital of Tasmania

A legal agreement to borrow money from a bank or other financial organization.

Caveat, Mortgage and Easements are examples of what?

It is also called as "An Early Release of Deposit" in Victoria

A legal ownership of the property is held by a trustee who manages it on behalf of the beneficiaries.

It is the most common form of sale contracts used in Western Australia

What does GST stand for?

It is an online lodgement and financial settlement platform.

What is the other name for the Vendor Disclosure Statement in Victoria

A legal right that allows a property owner to use or access a specific portion of a neighboring property or piece of land.

It is also known as the Federal Capital Territory until 1938.

How long is the cooling-off period in QLD?

How many days is the standard settlement period in New South Wales?

Two common types of conveyance in Australia.

A specific terms or clauses included in contracts to address unique aspects of a particular agreement.