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Why conveyancing is important when selling property in SA

 

Conveyancing refers to everything that needs to be checked, searched, signed, and certified in order to sell your property. Our conveyancing team is experienced, reliable, and backed up by a team of lawyers, which means you are in good hands, no matter how complicated things get.

Some of the key ways our team can help you is with the contract, searches and settlement.

CONTRACT

Before a real estate agent can advertise your property, you’ll need a Contract for Sale and the Form 1 (or Vendor’s Disclosure Statement). It’s important that the contract is drafted correctly with nothing missing, because that would give the buyer the option to pull out of the sale. The contract is the foundation of the agreement between you and the buyer, and every potential buyer will have access to it. The Form 1 is the document with all the information that you’re required by law to provide to a buyer, so it’s important to get it right. To create a valid and binding contract, you will need to include ‘searches’, which brings us to our next point.

SEARCHES

To sell your property, you’ll first need to get all the information about it. Just like when selling a car, a buyer will want to know the year the car was made, the odometer reading, and whether it’s registered. To sell a house you need the title deed, registered dealings against the title, land tax, property plans, planning certificate and so much more. To get all this information ‘searches’ must be completed with the local council and authorities. Our team will do this for you, so can be confident everything is in order to make the sale.

SETTLEMENT

Settlement is where everything comes together. There is quite a lot of paperwork to complete and lodge, a lot of money changing hands, and several people who need to be kept up to date – like the real estate agent, the seller’s conveyancer, the banks, authorities and land registry. One of our lawyers will be your representative to all these different people. They’ll make sure all the right documents are signed and everything is filed correctly to the right government department.

Across South Australia, 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 is all the essential behind-the-scenes work.

Which is why you need the right people by your side to complete the process correctly and legally. Conveyancing.com.au is here to 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.

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