Selling
Fees
We offer fixed professional costs that reflect the knowledge and service we provide.
As part of the service we offer, we undertake various searches of the local Councils, the Land Titles Office and other relevant organisations for information about the property you are selling. There are various fees attached to these searches and there are also registration fees payable to the Land Titles Office.
Sale Disbursements
You will need to budget for approximately $600-$700 in fees and disbursements in addition to our professional costs (see below for further information on our professional costs).
This includes a fee of $202.46 to register the discharge of any mortgage registered against your property, as well as relevant title, rates and land tax searches.
If you don’t have a mortgage, your fees and disbursements will be approximately $300.
Sale Transaction Guide
VOI to enable us to act on your behalf we are required to take reasonable steps to verify your identity. This can be done in several ways:
INFOtrack remotely or in our office by appointment
Australia Post
Right to Deal – It is now a legislative requirement to prove not only your identity but your actual ownership of the property by way of documentation additional to your name being on the title. With the other documentation you return to us, please also include a copy of either your:
Rates notice
Tas Water Notice
Land Tax Notice
Obtain your Foreign Residential Capital Gains Withholding Certificate from the ATO (all Vendors including Australian Citizens)
Specific to the property being sold.
Arrange to sign any discharge of mortgage documentation with your finance institution.
As utilities are personal, you’ll need to organise final readings and disconnection or transfer of services to your new home.
Notify change of address to relevant organisations (bank, insurers, doctors, telecommunications, electoral roll, etc).
Building and contents insurance should not be cancelled until after the settlement, as the property may be at your risk until that date.
Tips for selling property in Tasmania.
Selling a property can be complex, but being prepared makes all the difference. Below are a few key things to help ensure a smooth process from start to finish.
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Titles in Tasmania are still paper and have not yet been made electronic – although electronic titles are coming. Settlement cannot occur without your original Certificate of Title. If your property is under mortgage then the mortgagee will likely hold your title however, if your property is not under mortgage it is important to know the location of your Certificate of Title as if this cannot be located, it is timely and costly process to replace this document which may result in settlement being or delayed or the Contract coming to an end in certain circumstances
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It is a requirement that all parties to a transaction now complete a Verification of Identity to ensure that clients are who they claim to be to ensure the integrity of the Land Title Registry is maintained. We must adopt the Participation Rules Tasmania which adopt the Model Participation Rules created by Australian Registrars' National Electronic Conveyancing Council. You will be required to have either of the following:- Passport, Government issued identification card ie. licence and a Medicare card OR Birth Certificate, Medicare card and Government issued identification card ie. licence. If the names do not match, then you may be required to produce further evidence ie. Certificate of Name Change and if you do not have such documentation, you may be required to obtain additional documents, and other circumstances may be accepted by the firm that you engage. Further information on Verification of Identity in Tasmania and the Recorders Directions can be found at the below page.
Verification of Identity | Department of Natural Resources and Environment Tasmania Verification of Identity | Department of Natural Resources and Environment Tasmania -
Foreign resident capital gains withholding must be applied on all property sales, unless the vendor is:-
an Australian resident for tax purposes (Australian resident) with a valid clearance certificate issued by us at, or before settlement – without a clearance certificate, FRCGW must be withheld from the sale proceeds by the purchaser and paid to us
a foreign resident (also known as a non-resident) with a variation notice specifying a reduced rate of Withholding – without a variation, the purchaser must withhold the full rate of the Withholding from the sale price and pay this to the ATO on settlement.
** Australian Taxation Office, n.d. Foreign resident capital gains withholding overview. [online] Australian Government. Available at: https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/foreign-residents-and-capital-gains-tax/foreign-resident-capital-gains-withholding/foreign-resident-capital-gains-withholding-overview [Accessed 21 Jul. 2025]
