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If you're buying or selling a property, you'll need to satisfy a range of legal requirements in order to transfer its ownership from one person or entity to another. This work and all the...
APRA stands for the Australian Prudential Regulation Authority. They are a body that oversees and regulates financial institutions, such as banks and insurance companies.
APRA stands for the Australian Prudential Regulation Authority. They are a body that oversees and regulates financial institutions, such as banks and insurance companies, to ensure their stability and compliance with standards.
Some other responsibilities held by APRA include:
The APRA’s influence is also prevalent in the space of real estate, ensuring banks have sound lending standards and mortgage criteria for financial responsibility and stability for both lenders and borrowers.
This helps mitigate the risk of individuals defaulting on loans and financial institutions taking advantage of this.
Compare your property to recent sales in the area to get a current market estimate.
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