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Conveyancing Tasmania: the complete guide for buyers and sellers

Conveyancing is the legal process of transferring ownership of property from one person to another. Tasmania's version of that process has a distinctive shape, and it is defined mostly by what is missing: there is no requirement for a seller to disclose defects, and no automatic cooling-off period once you sign. The biggest cost is property transfer duty (Tasmania's name for stamp duty), which currently carries no first home buyer concession. This hub explains how it all fits together and links to eight in-depth Tasmanian guides.

What conveyancing is in Tasmania

Conveyancing covers everything between agreeing to buy or sell a property and the transfer of ownership being registered at the Land Titles Office. For a buyer in Tasmania that means more up-front legwork than in some other states: ordering your own title search and council Land Information Certificate, arranging a pre-purchase building inspection, and negotiating whether a cooling-off clause will be in your contract at all. For a seller it means preparing a contract, but not a mandatory disclosure statement, which does not exist here.

The defining fact of Tasmanian conveyancing, stated directly by Consumer, Building and Occupational Services Tasmania (CBOS), is that "'Buyer beware' is the position you should take." What that means in practice, and the checklist it implies for a buyer, is set out in full in the buyer beware in Tasmania guide.

Who does conveyancing in Tasmania

Two kinds of professional can act on a Tasmanian transaction:

Either way, engaging your professional early matters more in Tasmania than in a state with mandatory disclosure, because the searches your conveyancer runs are the main source of property information you will get. If you are weighing the two, see conveyancer versus solicitor.

The stages, from search to settlement

  1. Search and inspect, before signing. Your conveyancer orders a title search and a council Land Information Certificate (337 Certificate); you arrange a pre-purchase building inspection, since none of this is provided by the seller as a matter of law.
  2. Negotiate the cooling-off clause, if wanted. Raise it during negotiation, because the standard contract only includes it if both parties agree.
  3. Signing and deposit. Signing the contract is the point of commitment in Tasmania. The buyer pays the deposit, held in trust.
  4. Cooling-off, if included. If a clause was negotiated in, you have that window, commonly 3 business days, to withdraw. If not, there is nothing to exercise.
  5. Between contract and settlement. The conveyancer assesses property transfer duty, finalises searches, and coordinates finance and rate adjustments.
  6. Settlement. The transaction completes electronically or in person: funds transfer, any mortgage is discharged, duty is paid, and the title transfers. The agent releases the keys.

The full walkthrough is in the Tasmanian conveyancing process guide.

What conveyancing costs in Tasmania: at a glance

A Tasmanian conveyancer or solicitor typically charges about $500 to $2,200 for a standard residential matter (a market estimate), a wider spread than in some larger states. That professional fee is usually smaller than what a buyer pays in property transfer duty, set by the State Revenue Office Tasmania. The duty figures below are computed from the current official rate scale, and, unlike Victoria or NSW, they are the same whether or not you are a first home buyer, because Tasmania currently has no first home buyer duty concession.

Purchase price Property transfer duty
$400,000 $13,998
$600,000 $22,498
$800,000 $31,185

The full breakdown, including the professional fee, disbursements and registry fee, is in the conveyancing cost Tasmania guide, and you can estimate your own duty with the stamp duty Tasmania calculator.

All eight Tasmanian guides

The Tasmanian cluster is eight in-depth guides plus this hub. Start with whichever matches where you are:

Calculators and state comparisons

To compare Tasmania against other states, or to estimate your own numbers:

Buying or selling in New South Wales or Victoria instead? See the NSW conveyancing guide or the Victoria conveyancing guide.

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Frequently asked questions

Conveyancing Explained provides general information about property transactions in Australia. It is not legal advice and does not create a client relationship. For advice on your situation, engage a licensed conveyancer, settlement agent, or property solicitor in your state or territory.