
Legal steps to selling a house
Whether working with a real estate agent or selling your house privately, the legal requirements of selling property in your state or territory apply to you in the same way. Here we breakdown...
Disbursements refer to the act of paying out money to cover specific costs related to a particular service, transaction, or activity.
Disbursements refer to the act of paying out money to cover specific costs related to a particular service, transaction, or activity. In real estate, these would be costs incurred by your agent which are then passed onto you. These may include activities such as advertising fees, photography costs and land title searches.
A conveyancing disbursement or disbursement fee refers to the expenses that a lawyer or conveyancer pays for on your behalf during the process of transferring property ownership. This will later be added to your final bill for you to reimburse them.
These expenses are additional costs associated with the legal work involved in buying or selling a property. Conveyancing disbursements can include fees for services like property searches, land registry fees, and other necessary paperwork.
Some of the most common examples of disbursements in real estate include:
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