Purchasing or buying property
Contract and Pre-purchase Advice
Buying a home? Before you sign, talk to a Conveyancer.
Buying property is one of the biggest and most important financial transactions you will ever make in your life. It will be a very exciting, but also daunting experience. So why leave it to chance?
Don’t let the dream of buying property turn into a nightmare by overlooking critical details, signing documents you don’t fully understand, or failing to get independent, expert advice.
It’s critical that you are fully informed before taking this big step! That’s why you need to consult a
Property Conveyancer for pre-purchase advice before you sign a Contract. With more than 20 years’ experience, I can guide you through every step of your property transaction and help you with the right advice on your options, rights and responsibilities. I also take every step to protect your interests.
What advice can a Conveyancer give you when purchasing property?
Remember the agent is employed by the Vendor to look after the Vendor’s interests. I ensure your interests are looked after and provide these services to you:
- Review the Contract and Form 1 (“cooling-off forms”) and confirm that all information required by law has been disclosed to you
- Advise on Special Conditions and drafting of conditions
- Confirm which items are to be included and excluded in the property and that they are accurately reflected in the Contract
- Check to see if there are any encumbrances, easements and whether any government departments including Council has an interest in the property
- Explain your Cooling-off Rights (if any)
- Advise on your insurance obligations
- Advise on current smoke alarm and pool fencing legislation
- Available grants, concessions and rebates
- Explain circumstances in which a party can avoid settlement
- Explain the costs of purchasing a property
- Explain the different types of title and forms of ownership
The specific conveyancing services involved in a buying property include:
- Reviewing the Contract and Form 1 (“cooling-off forms”) before you sign
- Searching with government departments and local authorities for anything affecting the property
- Ensuring compliance with all special conditions and time limits
- Attending to the Verification of Identity (VOI)
- Arranging the preparation, certification and stamping of the Memorandum of Transfer;
- Liaising with your proposed lenders and financiers
- Calculation of adjustments of rates and taxes
- Preparation of settlement statements
- Liaising with all relevant parties to effect settlement
- Attending at settlement on your behalf at the Lands Titles Office
- Notifying government authorities of change of ownership
- Notifying agent that property has settled