Jay Pagkatotohan Articles by: Jay Pagkatotohan

Buying or Selling Property? Here Is What’s Included in a Property Conveyancing Quotation

April 2, 2018 at 6:34 pm Comments are Disabled

Couple signing a contractBuying or selling property comes with many costs. Apart from the actual buying or selling price of the house, you need to factor in professional fees in your transaction. One of the key professionals in your estate transaction is a conveyancer or conveyancing lawyer.

These professionals will handle the legal aspects of your transaction. You will sift through various quotations to get one that fits your budget.

There are multiple costs included in a property conveyancing fees quotation. Here are some of these typical costs.

Professional Fees

These refer to the initial fees you pay your professional. A conveyancer’s fees are typically lower compared with a solicitor’s. Some conveyancing firms run special promotions on special occasions, and you might be able to negotiate lower professional fees during these periods.

Disbursement Fees

These are the costs your conveyancer or solicitor needs to pay third parties. Disbursement fees typically include property searches, planning, council building, water rate and land tax searches.

The costs vary depending on the extent and number of your property searches. A settlement, anti-money laundering, and property fraud costs are some of the other disbursement fees you might have to pay.

Statutory Charges Quo

When buying property, you might need to pay transfer fees and stamp duty depending on your state laws.

The conveyancer or solicitor you choose will check your title and revenue office and inform you if there are any concessions or exemptions available. Sellers selling investment property typically pay capital gains tax on their properties.

Your conveyancing quote might also include adjustment fees, which could include water and council rate adjustment fees. The buyer is to pay this, but if the seller pays them, the buyer should reimburse them at the time of closing of the transaction.

Other conveyancing adjustment costs include discharge of mortgage, body corporate and licence fees.

Disney World Admission Increased To $99

February 26, 2014 at 9:52 am Comments are Disabled

Disney WorldFor the second time in eight months, Disney’s Magic Kingdom has increased its admission ticket. A one-day admission to “The Happiest Place on Earth” is priced at $99 for adults and children ages 10 and older.

Rite Gone Wrong

In what has become a yearly rite for the major parks in Orlando, the daily admission price rose $6, making it $95. It started last June. Disney also disclosed that they would increase admission prices for their other parks like the Animal Kingdom, Epcot, and Hollywood Studios. Ticket prices at these parks increased $4, making it $94, and they are just for a single-day admission.

Domino Effect

It has seemingly become a trend among Orlando parks that when one park hikes admission fees, others will usually follow. Last year, Universal Orlando Resort was the first theme park in Orlando to increase the ticket cost. Industry experts already forestalled these hikes, but what caught them off guard was the timing.

Digital Giants’ Bid To Simplify Landscape, Reduce Jargon

May 8, 2013 at 9:03 am Comments are Disabled

Digital titans Google and the Interactive Advertising Bureau (IAB) are on separate charges to raise publisher and brand awareness about the intricacies of the advertising sector, especially on mobile, with focus on streamlining the landscape and removing jargon.

digital playersThe IAB has already started convincing media-owners and planners about the benefit of making use of real-time bidding (RTB) technology to market and buy ad inventory.

The focus of the scheme is to reduce the amount of jargon in the programmatic ad trading, which aims to build target markets for its ad-serving products. Damian Lawlor, a key person from Google, said the series of “roadshows” intend to make brands and media owners realize that such technologies are no longer on the same plane. Lawlor added that the effort is also to dispel the publisher worries that marketing their technology will result in lower ad costs. Read the rest of the story here.