For something that often costs $1M to own, a record of title is visually unappealing and difficult to understand.
Titles look like a mediocre treasure map; they use legal jargon and often your lawyer will say “it’s a cross-lease so be careful” or “it’s a fee simple so there’s no issues”.
If you do not understand your title and the interests that are registered on it, then you have spent your life savings on an unknown gamble: Daily Keno / Big Wednesday / Warriors to Win the Grand Final.
Do not leave this to chance!
Most lawyers charge hourly to review a record of title and every interest on the title.
At HouseMe Legal, we include this in our fixed fee. Even new build properties that have 20 interests registered on them!
We produce title reviews that would make Picasso proud.
Watch our easy-to-understand title review video - click here.
The following interests will impact a purchaser’s use and enjoyment of their title - we have listed these from least impactful to most impactful:
When you receive a written summary from a lawyer, even an experienced property investor will get a migraine trying to figure out what each interest means and how it impacts their use of the property.
Imagine what is like for a first home buyer with no experience!
Paper is Never Enough
On paper it is difficult to visualise how an easement works. That’s why it’s better to think like an artist.
For every purchase, we will transform the record of title into a table format that makes it easy to read.
How I Make the Easement Easy to Understand in our Example.
In our example, we detail an easement interest covering:
In our title review tables, we will have the following:
At HouseMe Legal, we pride ourselves on educating our purchasers using modern technology.
Our example was for a relatively simple fee simple title, but it was important for the purchaser to understand the easements on their title—they were receiving the benefit of some over their neighbour’s property, and their neighbour had certain rights over theirs.
No one likes surprises - especially when Gary from over the fence starts walking down your driveway to take advantage of his easement!
The best thing about using video is purchasers can:
One less meeting / Zoom for everyone!
Understanding your title is no longer a gamble – with our help, it's a clear and colorful masterpiece.
1. Confusing: Records of title are confusing documents to read.
2. Price: Purchasers worry about the price to review extra documents. We will review everything within our fixed fee.
3. Knowledge: If our purchaser cannot explain what they have bought, then we have failed.
4. Fixed Fee: Ask for a fixed fee from your lawyer to review your title and all the interests. They probably won't give you one (sigh)... but we will.
5. Technology and Color: After our Picasso-like 4min video, even the freshest first-time home buyer will know what they are buying.