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Home>Need to know>Why conveyancing is important when buying in QLD

Why conveyancing is important when buying in QLD

Conveyancing can be complicated but put simply, it refers to everything that needs to be checked, searched, signed, and certified to make you the new legal owner of a property. This protects the new owner of a house from any unwanted surprises, such as tax bills, structural defects, or zoning issues.

Our reliable, professional team of specialist conveyancers is supported by experienced lawyers. That means you’re in safe hands – no matter how complicated things get.

We have the expertise and up-to-date knowledge you need to guide you through the three main phases of the conveyancing journey.

 

Contract

Before you sign on the dotted line, we recommend you get a review of your contract of sale. Sellers and agents have their own interests in mind, so it’s important to have specialised conveyancing experts negotiate your best interests.

Our lawyers will make sure everything is in order, guide you through the terms of the contract and can give you written advice on any special conditions, which means no nasty surprises (like finding out that the previous owner is going to take all the light fixtures with them when they go!).

 

Get a building and pest inspection

When you buy a property, it means you accept it in its current condition. This includes any defects you may not have seen when you first visited the property. So, to help you make an informed decision before you buy property, we recommend getting a building and pest inspection from qualified inspectors. This provides a full picture of the property before committing to the purchase.

 

Searches

To know the full story about the property you want to buy, you’ll need searches. The most important reason you’ll want searches done is because they can uncover any outstanding debt attached to the property – debt that could be passed on to you.

Searches are also checks with local councils and authorities about the zoning of the building, body corporate or strata information, title and heritage listings, outstanding bills, copies of the property plans and any major construction projects (like a highway being built nearby).

As part of this process, we’ll also make sure the title is transferred into your name correctly, so you’re the official (and legal) new owner.

 

Settlement

Settlement is where everything comes together. There is quite a lot of paperwork to file, a lot of money changing hands, and several people to be kept in the loop (such as the real estate agent, the seller’s conveyancer, and the relevant financial institutions).

One of our team members will be your representative in every interaction with each one of these different people. We’ll make sure all the right documents are signed by you and everything is filed correctly to the right government department.

To make it more convenient for you, we can use PEXA, which allows settlement to happen electronically for all the parties involved and allows for fee payments and funds transfers to be handled automatically.

It’s just another way Conveyancing.com.au helps you achieve a successful and on–time property settlement.

 


 

Conveyancing isn’t just something that happens in the background when you buy a property – it’s the critical legal process that makes buying a property possible! From a contract review, to searches, and reaching settlement – professional conveyancing takes care of all the essential behind-the-scenes work.

To complete your property purchase correctly and legally, having experienced conveyancing specialists by your side matters. Conveyancing.com.au is here to guide you through buying a property – every step of the way – and our team can answer any questions you may have. We’re here to help and make the process as easy as possible.

This article is provided for general information purposes only. Its content is current at the date of publication. It is not legal advice and is not tailored to meet your individual needs. You should obtain specialist advice based on your specific circumstances before taking any action concerning the matters discussed in this article.

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