Glossary
Glossary of terms and acronyms related to Australian banking, finance and investments.
Title Fees
The title fee is a state tax paid for the title search for the registration of a mortgage or sale, transfer, or discharge of a property. The title search is a mandatory step wherein all aspects of the title are inspected to make sure there are no encumbrances or restrictions in the document. In Australia, title fees usually payable to the state's Titles Office. The fee is usually a flat rate determined by the lender or broker, and may include other charges such as solicitor's fees, processing fees, and additional charges for each lien found.
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