For most Australians the purchase or sale of their family home or investment property will be the most important decision of their life, and any mishap can be costly.
Whether you are a first home buyer, seasoned home owner, or property investor, our advice is personally customised for each of our clients to ensure that your conveyance (sale or purchase) goes through as stress free and smoothly as possible.
Our fixed conveyancing Sydney, Parramatta & Canberra service includes:
In addition to our fixed conveyancing services we also offer:
Conveyancing is the act of transferring an interest in property to another person. It is most commonly referenced with work involved in the transfer of property (sale and purchase), and the registration and or discharge of a mortgage registered over the title of a property.
Most people will engage either a solicitor or conveyancer to act on the sale or purchase of property. If you are selling a property, a solicitor or conveyancer should be engaged before listing the property for sale. This is because it is an offence under the Property and Stock Agents Act (NSW) 2002, for an estate agent to offer (list) a residential property for sale without a completed contract.
In circumstances where you are purchasing a property, a solicitor or conveyancer should be engaged before signing the contract for the purchase of land to enable appropriate searches, investigations and legal advice to be provided. Once a contract has been signed, the cooling off period has expired, and the contract has become unconditionally exchanged, it is too late to negotiate any amendments to the contract. If a purchaser later finds out that there is a problem with the contract it will be too late, and they will have to proceed with the contract unless they want to forfeit their deposit (or on other limited grounds).
A conveyancer undertakes a conveyancing course, specific to the transfer of property. A solicitor undertakes the study of law, which includes conveyancing and property law. Often a solicitor will be able to provide broader, more comprehensive advise, including advice on easements, caveats, development applications, strata law, and insurance law.
The legal term for completing a contract for the sale or purchase of land is called settlement. The usual contract for the sale or purchase of land will take 42 days to settle, however the special conditions may lengthen or shorten the settlement period depending on the requirements of the buyer (purchaser) or seller (vendor). The length of settlement may also depend on the property itself, as it is not uncommon for the sale of an off-the-plan house or unit to take years to settle whilst the property is being built, this is because the property may only be in early developmental stages when the contract is signed.
Contact the Watts McCray Property and Commercial team for assistance on (02) 9283 5877 or click here to submit a form.
Conveyancing Sydney, Parramatta & Canberra.