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 conveyancing specialists are supported up by a team of experienced lawyers. That means you’re in safe hands – no matter how complicated things get.
We have all the 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 your contract of sale. The contract is the foundation of the agreement between you and the seller. Sellers and agents have their own interests in mind, so it’s important to have skilled conveyancers negotiate your interests.
Our team will make sure everything is in order and guide you through the terms of the contract – as well as give you written advice on any special conditions. It means no nasty surprises, like finding out that the previous owner is going to take all the light fittings with them when they go!
Get a building and pest inspection
When you buy 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 make the best possible property-buying decision, we recommend getting a building and pest inspection from a qualified building inspector. This provides a full picture of the property before you committing to buying it.
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 that provide detailed information about the property, including the zoning of the building, body corporate or strata information, heritage listings, copies of the property plans and any major construction projects coming up (like a new highway being built nearby).
Without searches, you won’t know whether you’re making a smart property investment or an expensive mistake. In this final phase of your property settlement journey, the title deed is legally transferred into your name, so you’re the official new owner.
Settlement
Settlement is where everything comes together. There’s a lot of paperwork to file, money changing hands, and several people who need to be kept in the loop, such as the real estate agent, the seller’s conveyancer and financial institutions. One of our team members will be your representative to all these different people. We’ll make sure you sign all the right documents and ensure that everything is filed correctly to the right government department.
To make the whole process more convenient for you, we use PEXA, which allows settlement to happen electronically for everyone involved. PEXA makes it possible to automatically transfer funds into your bank account quickly. It’s just another way Conveyancing.com.au helps get you to a successful and on-time settlement.
Conveyancing isn’t just something that happens in the background when you buy a property – it’s what makes buying a property possible! From a contract review, to searches, and reaching settlement – conveyancing covers all the essential behind-the-scenes work, which is why you need the right people by your side to complete the process legally and smoothly. We’ll guide you through that vital work and 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.
