A rental bond (also known as a residential bond) is an upfront payment made by the tenant before moving into a rental property. The landlord must lodge it with Consumer and Business Services (a receipt is given to the tenant), and, at the end of the lease, it is returned to the tenant if there are no claims for outstanding rent, damage, cleaning, or other costs.
The cooling-off period is the final stage of buying a home in which you can withdraw from the purchase of the property without legal or significant financial implications, even after signing the contract. Cooling-off periods are usually only available to buyers (not sellers) and are designed to protect them in case last minute issues arise. Reasons for withdrawing may include:
Consumer and Business Services has provided this helpful guide to buying or selling a home.
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Conveyancing charges cover the transfer of property’s title from the vendor (seller) to you. Conveyancing charges are usually estimated by the conveyancer and can range between $500 and $2,000.
A Certificate of Title is a legal document which identifies the owner and any encumbrances or easements associated with a particular parcel of land. Each time ownership of a property changes, the Certificate of Title is amended to reflect new ownership.
Rental Education
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Rental Support
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Home Buyer Education
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Grants and assistance
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The South Australian and Federal Governments offer financial help for eligible first home buyers who are building or buying a new home – which potentially could save you tens of thousands of dollars.