FUSS-FREE CONVEYANCING SOLUTIONS
Quality, expert conveyancing to make sure your next property purchase or sale is flawless.
CONVEYANCING FOR SALES
If you are thinking of selling or have found the right buyer for your property, it’s time for the conveyance including the preparation of the contract and transferring the title of the property to the buyer
Before you or a Real Estate Agent can advertise your property for sale a Contract for sale must be prepared. The Contract for sale must include all relevant documentation and must also make certain promises about the property you are selling. We make this process as simple as possible and can get things started for you with just a phone call.
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Once your Real Estate Agent has negotiated a sale, contracts will then be exchanged and this can be with or without a cooling off period. There will be two copies of the sale contract: one for you and one for the buyer. You each sign one copy before they are swapped or ‘exchanged’. This can be done by hand or post and is usually arranged by the Agent or Conveyancer.
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If contracts are exchanged with a cooling off period (usually 5 or 10 days) the buyer will be required to pay a deposit, usually 0.25% of the purchase price with the balance of the 10% deposit payable at the end of the cooling off period. If contracts are exchanged without a cooling off period then a 10% deposit is payable. Once contracts have been exchanged unconditionally or the cooling off period has expired the parties are bound to the contract. We will walk you through this process so you know exactly what is happening.
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The next step is settlement, which is the conclusion of the sale and we will arrange this on your behalf. We will keep you updated as your sale progresses towards settlement. Most settlements are done electronically now and we are registered members of PEXA.
PURCHASES
Once you have found a property you wish to buy, and negotiated a price, it is important obtain a copy of the contract for review. We can then alert you to any dangers and advise you on the terms of the contract. We can then assist you in obtaining the necessary inspection reports, finalising your finance arrangements and walk you through the process towards exchange.
Buying a property can be both exciting and overwhelming. Leave the paperwork to us so you can enjoy your new home with peace of mind.
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Exchange can take place with or without a cooling-off period. There will be two copies of the sale contract: one for you and one for the seller. You each sign one copy before they are swapped or ‘exchanged’. This can be done by hand or post and is usually arranged by the Agent or Conveyancer.
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If contracts are exchanged with a cooling off period (usually 5 or 10 days) you will be required to pay a deposit, usually 0.25% of the purchase price with the balance of the 10% deposit payable at the end of the cooling off period. Contracts can also be exchanged without a cooling off period by you waiving your right to a cooling off period and paying the 10% deposit. We can arrange for the cooling off period to be waived if you are in a position to do so. Once contracts have been exchanged unconditionally or the cooling off period has expired the parties are bound to the contract.
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From exchange to settlement, we will be with you every step of the way and let you know exactly what needs to be done. We will liaise with the Real Estate Agent, other Conveyancers and your Broker or Bank and make all the necessary arrangements for settlement. Most settlements are done electronically now and we are registered members of PEXA.
TRANSFERS
Are you planning to transfer a legal title or ownership of land through the process of sale? We can ensure we won't miss a thing that could cost you in the long run.
Sometimes it may be necessary to transfer a property, or a share of a property to or from a family member or partner. This might be due to marriage, a relationship breakdown or due to personal circumstances.
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If you decide to transfer property to another family member you may be required to obtain a valuation from an independent valuer for stamp duty purposes. The is to determine the current market value of the property and depending on circumstances the stamp duty payable to Revenue NSW which is payable on the higher of the current market value of the property or the purchase price.
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When a person is to be added to the title of the property due to marriage stamp duty is usually not payable. However, the property must be your matrimonial home.
When a person is to be taken off the title due to a marriage breakdown, stamp duty is not payable.
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In all circumstances, if you have a mortgage on the property you will need to have your lender’s consent to the transfer of the property.
We are happy to discuss your exact circumstances with you and the options that may be available to you.
Our team can also assist with a variety of other conveyancing services.
Registration of documents with Land Registry Services including but not limited to Caveats and Discharge of Mortgages.
Subdivisions
Boundary adjustments
Easements
Leasing for all types of property including Residential, Commercial, Rural and Strata properties.