Hi
I was wondering if there is a volatility in disbursements charged by lawyer to IP buyer?
So here are mine, roughly
First letter with costs:
Land & Prop info office for Final search $25 + 2.5 gst
Property inqu w/ var govments author: $350 + 5 gst
Settlement Agent's fee: $65 + 6.5 gst (Other conveyancers I have seen charge $60+gst)
Office of St Rev for stamping fee: $25.8 + 2.58 gst (other conveyancer charge $7)
Plus B&P inspection $500 that I paid myself direct! (took 2 times for them to react to this and note that I paid them all the above less the B&P)
then the adjusted invoice comes as:
Local gov searches : $444 + 3.64 gst ( I have seen max $350 elsewhere)
Final search: $14.21 + 1.43 gst
Suddenly I note that the last bill adjusted ie: with additional cost gives me more cost, and less GST!
Stamping fee: $22.72 + 2.28 gst, this is different too from the first bill
Settlement agent fee: same
Copy for mortgagee: 11 (forget about mentioning it is $10 + 1 gst)
Postage, stat, bank fees, photostating: $66 (which is they state GST elsewhere separately, they should note it here to and separately, anyway that it just to increase my ..)
So I note that the final invoice bill me less gst in local gov and search than before, that all is charged more and sometimes over 3 times more than other will charges as I can see online.
It looks like some are doing well inflating disbursements!
Altogether a simple transfer for me will cost me: $lawyer fee (oh, sorry, $ plus gst! as found out in the last bill)... I believed it was compulsory to state ones's fee inclusive of GST! mainly if Not claimable!
and $100 + gst in 'acting for you on mortgage' : what the heck!
and $637.72 of cost that includes gst here and reduced gst there ....
GOD!
I was wondering if there is a volatility in disbursements charged by lawyer to IP buyer?
So here are mine, roughly
First letter with costs:
Land & Prop info office for Final search $25 + 2.5 gst
Property inqu w/ var govments author: $350 + 5 gst
Settlement Agent's fee: $65 + 6.5 gst (Other conveyancers I have seen charge $60+gst)
Office of St Rev for stamping fee: $25.8 + 2.58 gst (other conveyancer charge $7)
Plus B&P inspection $500 that I paid myself direct! (took 2 times for them to react to this and note that I paid them all the above less the B&P)
then the adjusted invoice comes as:
Local gov searches : $444 + 3.64 gst ( I have seen max $350 elsewhere)
Final search: $14.21 + 1.43 gst
Suddenly I note that the last bill adjusted ie: with additional cost gives me more cost, and less GST!
Stamping fee: $22.72 + 2.28 gst, this is different too from the first bill
Settlement agent fee: same
Copy for mortgagee: 11 (forget about mentioning it is $10 + 1 gst)
Postage, stat, bank fees, photostating: $66 (which is they state GST elsewhere separately, they should note it here to and separately, anyway that it just to increase my ..)
So I note that the final invoice bill me less gst in local gov and search than before, that all is charged more and sometimes over 3 times more than other will charges as I can see online.
It looks like some are doing well inflating disbursements!
Altogether a simple transfer for me will cost me: $lawyer fee (oh, sorry, $ plus gst! as found out in the last bill)... I believed it was compulsory to state ones's fee inclusive of GST! mainly if Not claimable!
and $100 + gst in 'acting for you on mortgage' : what the heck!
and $637.72 of cost that includes gst here and reduced gst there ....
GOD!
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