VIC - Purchase of Land

This article will show you how to:

To create a new purchase matter, follow the steps below:

  1. Click New Matter from the Home Screen
  2. Select State: VIC
  3. Select Matter Category: Conveyancing 
  4. Select Matter Type: Purchase 
  5. Click Create
  6. Enter the parties, including all relevant details. To add an additional party, such as the Purchaser, right click on the Purchaser and select Add Purchaser. 

  1. Select Property Details to enter the the Address,  Property Details, Improvement Details, Property Details and Manner of Holding. 

  1. Click on the Title Particulars tab to input the relevant title type, plan registration and particulars. 

  1. If there is more than one property, you may enter additional Properties by right-clicking on the first Property Details layout and selecting "Add Property Details"

  1. Select Conveyancing Details and input the Price, Deposit Breakdown and Key Date Details. You can use the Date Calculator to calculate the date of settlement. 

  1. Select the Stamp Duty, Tax & Registration tab to review the stamp duty informaiton. Stamp Duty will prepopulate based on the purchase price entered on the Contract and Settlement Details page. Use this tab to add any concessions or exemptions and Transfer Registration Fees (if applicable).
  2. Select the Sunset Details tab to input the Sunset Details where applicable. 
  3. Select Settlement Financials and input relevant adjustments by clicking on the title and description of the adjustment and inputing the relevant details. For further information on how to complete Settlement Financials, click on the Quick Guide on the bottom left hand of the Settlement Financials screen.
  4. Review and complete the payment directions by clicking on the Payment tab. Stamp Duty and Registration Fees will prepopulate based on information already entered under Amounts Required to Settle. These amounts may be adjusted and deleted as required. For further information on how to complete Settlement Financials, click on the Quick Guide on the bottom left hand of the Settlement Financials screen.

  1. Any payments that you input in Time and Expenses will automatically prepopulate under Our Fees on the Payment Directions. 

  1. You can add details for the following common contacts:
    • the Vendor's Agent as well as the Agent's commission and fees under Agent's Details;
    • the Incoming Mortgagee including the Mortgage Details;
    • Settlement Agent;
    • Council; 
    • Water Authoirty; and
    • Revenue Office.
  2. To add Uncommon Contacts to your matter, open the Matter Settings and select the appropriate contact from the Parties & Data available for your matter.
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