Conveyancing & Inspections

Before you buy 

Conveyancing

If you want to buy or sell a home, land or investment property, you will have to sign a contract. The legal work involved in preparing the sale contract, mortgage and other related documents, is called conveyancing.

Most people employ a conveyancer/settlement agent or solicitor to do legal work involved in purchasing a property such as preparing documents, giving legal advice on contracts and explaining the implications. The conveyancing process can involve the following steps:

  • Examining contract of sale.
  • Examining a strata inspection report if the property is part of a strata scheme.
  • Arranging payment of stamp duties.
  • Checking any outstanding arrears or land tax obligations.
  • Finding out if any government authority has an interest in the land or if any planned development could affect the property.
  • Finding out any information that might not have been previously disclosed, e.g. a fence dispute or illegal building work.
  • Calculating adjustments for council and water rates for the property settlement.
  • Completing any final checks prior to settlement.
  • Attending settlement.
  • Arranging payment of stamp duties.
  • Overseeing the change of title.
  • Exchanging contract of sale and paying deposit.
  • Arranging finance if necessary.
  • Arranging building and pest inspections.
  • Preparing and examining mortgage agreement.