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Advanced Diploma of Conveyancing : RMIT University : Australia : Legal question Please explain and advise in details below questions; Before you start the task

Advanced Diploma of Conveyancing : RMIT University : Australia : Legal question

Please explain and advise in details below questions; Before you start the task you can visit following site: www.revenue.nsw.gov.au, www.fairtrading.nsw.gov.au, www.aicnsw.com.au, www.nswlrs.com.au, www.legislation.nsw.gov.au, Conveyancing Act 1919 NSW; etc..... I break down the question here

Q: Three:

How do the new privacy principles and identification requirements affect your conveyancing industry? If there is uncertainty in the identity of your client or the property to be conveyed, what are your policies and procedures in your industry? What are the costs for a title search and who do you contact? What documents have to be prepared for the conversion of transfer of title and what are the associated costs? What are the current requirements for first home buyers and what benefits are they eligible for in NSW and VIC? And also explain the components of the Land Register Book.

Explain the difference between a Register Search and a Final Search and what a search contains.

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