How much does PodProperty's Co-Ownership service cost?
Now for the good news. PodProperty has made it easy for you to buy your home with others as tenants in common by keeping our overheads to a minimum. So with no branches and a small office of experts servicing the whole of Australia over the phone & by email, the bottom line is that we pass these savings on to you. We literally save you thousands of dollars by arranging everything you need to buy a property together all in the one high quality, low-cost package.
| Co-ordination & Assistance |
FREE! |
PodProperty's team will co-ordinate all aspects of your purchase from start to finish, free of charge!
| Co-ownership Agreement & Advice |
$350 per person |
If you are purchasing a property with others as tenants in common, it is strongly recommended that you put in place a legal co-ownership contract or agreement between yourself and your co-owners to protect everyone's interests.
PodProperty is delighted to assist with your Property Co-Ownership Agreement AND to provide you with a letter of advice prepared by PodProperty's lawyers explaining the PodProperty Co-Ownership Agreement.
Lawyers would normally charge thousands of dollars to prepare a co-ownership agreement and provide this advice but you can purchase both for only $350 per person (incl. GST).
The letter of advice provides an overview of this complicated area of law. It explains the standard PodProperty Co-Ownership Agreement in plain English so you understand your rights and obligations.
| Legal advice & drafting | $250 per hour |
It may be necessary to tailor the PodProperty Co-ownership
Agreement to suit your particular circumstances.
Normally,
lawyers would charge around $300-$400 per hour for this work, which
could take several hours. The great news for you is that our specialist
lawyers have agreed to reduce their fees for providing this legal
advice and tailoring the agreement to $250 (excl GST) per hour.
| Finance |
FREE |
PodProperty does not charge to advise or assist you.
| Conveyancing | $2000 |
Conveyancing is the process of transferring the ownership of a property from one person to another. Depending on the complexity of the conveyance, our conveyancing partners will charge $2000 (ex GST) to carry out the legal transfer of your property to you and your co-owners. Many law-firms charge per contract reviewed - our price includes unlimited review of purchase contracts (no matter how many times you get trumped!!).
Disbursements, searches and building reports incur additional charges, which will be explained to you by your conveyancer at the relevant time.
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