Conveyancers in Perth

A settlement agent in Western Australia is the equivalent of a conveyancer in other states. They are licensed under the Settlement Agents Act 1981 and regulated by the Department of Mines, Industry Regulation and Safety. Settlement agents handle the legal and administrative process of transferring property ownership.

Unlike most other Australian states, Western Australia does not have a statutory cooling-off period for standard private property sales. This means once you sign an Offer and Acceptance and it is accepted, you are generally bound by the contract. This makes it especially important to conduct your due diligence before making an offer.

Settlement agent fees in WA typically range from $500 to $1,100 plus GST for a standard residential transaction. Disbursements for searches and certificates usually add $200 to $400. WA tends to be one of the most affordable states for conveyancing services.

Western Australia uses a unique two-part contract system. Instead of exchanging formal contracts, the buyer makes a written offer on a standard form, and the seller either accepts, rejects, or makes a counter-offer. Once both parties have signed, a binding contract is formed. This is different from the exchange system used in NSW, Victoria, and other eastern states.