Star Settlements complete many diverse commercial property settlements. Commercial property settlements can be hard to navigate without extensive experience in the area. A commercial property settlement is best managed by a proficient conveyancer experienced in effecting these transactions, as errors and oversights can be very costly.
Some of the commercial settlement services include, but are not limited to:
- Determining if GST applies to the transaction
- Ensure an ATO certificate is obtained if applicable to the transaction.
- Examining leases and ensuring that they are removed or re-registered as needed
- Ensuring rental adjustments, where applicable, are attended to
- Making certain that any security bond is transferred
- Examining the contract, including the terms and conditions, and ensuring that the correct entity, whether a trust or a superfund, is listed on the contract.
- Determining if the property meets the criteria to be completed as an electronic transaction.
- Obtaining PPSR searches where required
- Completing the identity verification
If you are looking to buy or sell commercial property, Star Settlements can assist you; simply contact Joanne Simpson to discuss