Hockingstuart

Conveyancing A conveyancer is required to oversee the legal transfer of property ownership. Conveyancing costs vary based on the property type and complexities of the sale. Lender fees Exiting your home loan contract post-sale may entail early exit fees (for contracts entered before 1 July 2011) or administration, discharge, or settlement fees. Ask your lender or mortgage broker to find out what fees may be applicable. Taxes If you’re selling a rental property, you may be subject to Capital Gains Tax (CGT) on any sale profits. Consult the Australian Taxation Office (ATO) or your accountant to understand your tax obligations. 9

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