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Buying Real Estate
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Stamp Duty Concessions We assist first time home buyer, off the plan purchasers in stamp duty savings and concessions. |
What We Do
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Things you need to know for Property Purchase
The Ownership
When a suitable property is found, advice should be sought in which the property will be held (i.e. the property to be owned by an individual, joint ownership, tenancy in common, company, etc).
Vendor’s Statement & Contract
Before signing the contract ask us to read the Vendor’s statement carefully to ascertain any flaws in the property. The Vendor’s Statement should provide full disclosure regarding all aspects relating to the property. We as your legal representative should be engaged at this point to examine the Vendor’s Statement. Amendments to the Contract of Sale of Real Estate can also be inserted or negotiated here. If purchasing by auction, it may waive certain rights with regard to the cooling off period and any conditional clauses.
Transfer of Land
We will prepare the Transfer of Land Form arrange for both you and the vendor to sign. We will also prepare PPR and Nomination form if needed.
Signatures
Contracts and Vendor’s Statement signed. Provide details of your Conveyancer to your lender and the real estate agent selling the property. Where property is subject to finance, arrange for the unconditional approval of your loan.
Booking Settlement
We will do all the appropriate checks and legal work prior to booking settlement. Settlement will not be booked until both the purchaser and the vendor’s Conveyancer is ready. Of course settlement will be booked before the contract settlement date.
Final Inspection
Within 7 days leading up to settlement, you should arrange to inspect the property. Insurance should already be arranged to cover the property from the date of settlement.
Settlement
We will call you as soon as settlement has taken place. You can then proceed to pick up your keys!
The Ownership
When a suitable property is found, advice should be sought in which the property will be held (i.e. the property to be owned by an individual, joint ownership, tenancy in common, company, etc).
Vendor’s Statement & Contract
Before signing the contract ask us to read the Vendor’s statement carefully to ascertain any flaws in the property. The Vendor’s Statement should provide full disclosure regarding all aspects relating to the property. We as your legal representative should be engaged at this point to examine the Vendor’s Statement. Amendments to the Contract of Sale of Real Estate can also be inserted or negotiated here. If purchasing by auction, it may waive certain rights with regard to the cooling off period and any conditional clauses.
Transfer of Land
We will prepare the Transfer of Land Form arrange for both you and the vendor to sign. We will also prepare PPR and Nomination form if needed.
Signatures
Contracts and Vendor’s Statement signed. Provide details of your Conveyancer to your lender and the real estate agent selling the property. Where property is subject to finance, arrange for the unconditional approval of your loan.
Booking Settlement
We will do all the appropriate checks and legal work prior to booking settlement. Settlement will not be booked until both the purchaser and the vendor’s Conveyancer is ready. Of course settlement will be booked before the contract settlement date.
Final Inspection
Within 7 days leading up to settlement, you should arrange to inspect the property. Insurance should already be arranged to cover the property from the date of settlement.
Settlement
We will call you as soon as settlement has taken place. You can then proceed to pick up your keys!