Are you buying yourself a house for the first time, or are considering long-term investment? Perhaps you are purchasing a property for your business venture or commercial service. If any of the above, it’s important you ensure you have essential knowledge on the process and concept of conveyancing.
Conveyancing is the transferring of ownership of property from one individual to another. A Conveyancer’s role in this process is to conduct title searches, acquire title deeds, drafting and exchanging relevant contracts, and essentially assist with handling the legal procedures involved with buying or selling a property. Conveyancers help to seal the deal where you are left feeling satisfied with the end result, and have a clear understanding of the conditions of your purchase or sale.
Platinum Lawyers Conveyancing in Sydney are done by a qualified team of Lawyers and solicitors who are available to help you with the legal aspects of your property. We consistently work towards building a strong rapport with all our clients. Conveyancing is made simple when you choose our reliable service – at low costs and fixed fees.
By having a qualified professional Conveyancer from Platinum Lawyers, you have access to the information you need for engaging in acquiring a property, including the stages before and after this process. Our Conveyancing Sydney services provides pre-purchase advice services for the stage before committing to buying a property. This in itself is a huge undertaking, and by understanding this, we make ourselves readily available for assistance with this process to protect you and your assets.
Our conveyancers at Conveyancing Sydney will work with you on a range of steps involved in the conveyancing process. Here’s a basic breakdown of the common set of steps involved in conveyancing:
Title Searches
Title searches are conducted as a protection method for both the buyer and seller of the property. This is to ensure that there are no associated legal obstacles involved with the property in question. After these obstacles have been evaluated is when it may be fine to proceed with the conveyancing process.
Preparing Documents
Many documents must be prepared, signed and stored during the conveyancing process. Some examples of such documents include requisition documents, mortgage and lease documents and transfer documents. The benefit of having a conveyancer is that they will know exactly when and where this paperwork is required.
Contracts
Contracts can be a challenging block in the road when an individual attempts the conveyancing process by himself or herself. Our conveyancers have exceptional knowledge on what to look for in initial contracts and agreements for property purchase and selling. Our conveyancers assist you with initial contract signing that is made as an offer, which is given to the seller for their consideration.
Contracts detail the name of your property, the names of the buyer and seller, pricing, deposits, owed balances and any special conditions that can take place.
Cooling Off Period
After the contracts have been signed and exchanged, a cooling-off period is implemented, which lasts 5 days. During this time, the buyer has the flexibility to withdraw from the contract that they have committed to, without facing significant consequences. Our Conveyancers are available to answer queries regarding this timeframe and address concerns regarding your property contract.
Settlement
Settlement can be considered the end of the conveyancing process. The property and title deed are released to the new owner. Payments are also processed. Our process involves our conveyancing solicitor officially storing the deeds on behalf of the owner and buyer. The deal is sealed and the conveyancing process ends. Your file is stored by us for up to 7 years.
Bearing in mind the length of the process, when it comes to conveyancing, it’s vital to have good communication channels between the conveyancer and the buyer (or seller). Platinum Lawyers is made up of readily available solicitors, who will respond to any of your urgent queries or requests as you will need them.
Platinum Lawyers offers experienced conveyancers, expert advice and competitive costs within the legal market. When it comes to quoting costs, we aim to provide conveyancing as a fixed cost. Our fees include all the necessary steps taken to complete the conveyancing process; from the start until the very end. This also covers disbursements, such as the council certificate, water certificate, land tax search and the final title search. Our focus lies in simplifying your purchase or sale of property, so we follow the same method with our pricing and options.
If you would like further information on our conveyancing services, feel free to get in touch with our team at (02) 8084 2764. initial consultation is without obligations and free of charge.
