A title deed is the official legal document proving ownership, and a property is only transferred once it is registered at the Deeds Office.
The transfer process is handled by conveyancing attorneys appointed by the seller, while buyers are responsible for transfer costs and related fees. Transfers usually take up to three months, depending on factors such as bank approvals, compliance certificates, and Deeds Office timelines. Before finalising a purchase, buyers should ensure all property details are verified, including ownership history, servitudes, and restrictions.
Certain compliance certificates—such as electrical, plumbing, gas, beetle, and electric fence certificates—must be issued before transfer. The seller must ensure the property meets these requirements and cover the cost of any necessary repairs.
Buyers should also budget for property transfer costs, which can significantly affect the total purchase price. These typically include transfer duty, conveyancing fees, administrative charges, and, if applicable, bond registration costs. Transfer duty is calculated on a sliding scale based on property value, with lower-value properties falling below the current exemption threshold.
Proper planning, budgeting, and working with experienced property professionals help ensure a smooth, stress-free transfer while protecting the buyer’s investment.
