Conveyancing is the term to use for transactions relating to the purchase and sale of real estate in Australia. In New South Wales if you are selling property you are referred to as the "Vendor" and if you are purchasing you are referred to as the "Purchaser". In Queensland the terms differ slightly and if you are selling a property you are referred to as the "Seller" and you are purchasing property you are referred to as the "Buyer".

At Property Law & More we can manage all your conveyancing needs regardless of if your property is located in New South Wales or Queensland. We have the expertise to ensure seamless conveyancing of both New South Wales and Queensland properties.

Terri Smith is a Licensed Conveyancer who has been practising in this area of law for over a decade. Doug Bassett holds specialist accreditation in the area of property law and has a passion for this type of work. The team at Property Law & More are here to assist you with all matters in relation to the selling or purchase of all kinds of real estate including houses, home units, vacant land, commercial properties or farms.

Purchasing a home is often the most significant purchase or transaction that anyone will do during their lifetime. A person’s home is often the greatest asset and whether it’s time to buy or sell you want to ensure that the legal aspects of the transaction are undertaken by people with the appropriate expertise and professionalism. We want to ensure that the transaction is as stress free as it can possibly be.

The team at Property Law & More are here to assist you with all aspects of the process. We will advise you at the beginning of the transaction how much it will cost and we will complete the process for a fixed fee.

When you are selling we will:

  • Prepare the Contract of Sale based on your instructions;
  • Provide a copy of the Contract for Sale to your nominated Real Estate Agents to allow them to market the property.;
  • Provide a copy of the proposed Contract for Sale to you

Once a purchaser is found by your Real estate agent we will

Update the Contract of Sale to reflect the agreement you have reached with the Purchaser;

  • Forward the Contract of Sale to the purchaser’s legal representative for their consideration;
  • Arrange for the contract to be signed by you as well as all other documents required to transfer your property to the purchaser;
  • Liaise with your bank or financial institution should the property the be mortgaged;
  • Check that all outstanding services such as water in council rates have been paid for in full;
  • Check that the settlement figures prepared by the purchaser’s legal representative are correct;
  • Attend at settlement and collect the money payable on your behalf and account to you for this;
  • Provide a complete reporting of the entire transaction to you at the conclusion

When you are buying we will:

  • Thoroughly examine the Contract for Sale provided for the consideration by the sellers solicitor;
  • If you instruct we can provide advice for arrange for a survey to be undertaken and obtain building and pest inspection is on your behalf.
  • provide a detailed letter clearly explaining all the terms and documentation contained in the contract. In this letter we will provide you with advice about:
  • all conditions contained in the contract and their likely implications for you.
  • Tax implications of the transactions, particularly involving commercial and investment properties, particularly GST and Capital Gains Tax implications.
  • If you should you obtain a survey, or building certificate,
  • mining rights and their implications on your property.
  • Other people's rights over your property.
  • Restrictions on building or further developing your property.
  • Easements and restrictions on the use of your land.
  • Fencing and tree issues.
  • Contamination issues.
  • Water rights
  • Native title.
  • We will arrange for execution of the contract by you once you are satisfied with the final terms of the contract.
  • Liaise with your bank in situations where you are borrowing money to assist with the purchase;
  • Attend to the payment of Stamp Duty on the purchase or attend to the completion of documentation to obtain any exemption that you might be entitled to, such as the First Home Purchasers exemption
  • Prepare settlement figures and arrange for settlement to occur;
  • Attend at settlement to pay for your purchase using money either provided by you, the financial institution or a combination of both.
  • Provide a complete reporting of the entire transaction to you at the conclusion

While these may sound like relatively straight forward processes there are many pitfalls that may be encountered during both the sale and purchase processes that may be detrimental to you. By engaging Property Law & More to assist you with your sale or purchase you can be assured that we have the expertise and knowledge to ensure that we pick up on any issues and resolve them before they become a problem for you.

Do not hesitate, contact us now to discuss your legal matter