Selling

We are experienced property professionals providing a range of clients with quality conveyancing services in Sydney and New South Wales. We can assist with:

Selling residential property

The decision to sell a property can stem from various reasons – while many people sell their home to upsize or relocate, sometimes the need to sell is triggered by less appealing circumstances, such as financial pressure or the breakdown of a relationship. No matter what brings you to us, we will work with you so your transaction as stress-free and seamless as possible.

Preparing the contract

The objective of disclosure is to enable a purchaser to make an informed decision regarding the property with the implied warranties providing a safety net against latent (unobvious) defects. Having a compliant contract will help to avoid any delays in securing the sale once a purchaser is found and reduce the risk of having a buyer being entitled to rescind (cancel) the contract.

We can prepare a contract quickly and obtain the prescribed documents so you can get your property on the market as soon as possible. We will explain your obligations as a vendor and ensure that the contract is compliant. We can draft special conditions to take account of your personal circumstances and to protect your interests. For example, if you are selling and buying at the same time, you may require a longer or shorter completion date than usual, and we may need to coordinate a simultaneous settlement.

After a purchaser is found

If you are using a real estate agent, they will send us a sales advice when a purchaser has been found so final contracts can be prepared. Before exchanging contracts, the purchaser may want to arrange additional investigations such as pest and building reports, or they may request special conditions to be added to the contract. We can discuss and negotiate these matters as they arise.

When the parties are ready to proceed contracts are exchanged. Subject to any cooling-off rights, the transaction will be binding, and we will work towards completion.

Getting ready to settle your property sale

The contract will have a specified date for completion. The purchaser’s lawyer prepares transfer documents and settlement figures showing the final balance owing to you on completion after taking into account the deposit and other relevant adjustments such as rates and strata levies.

If you have a mortgage, your lender will need to be notified so they can start the process of discharging the mortgage in anticipation of settlement. They may provide a payout for your loan so this can be factored into the final settlement arrangements.

Settling your property transaction using e-conveyancing

Property settlements traditionally involved the physical meeting of lawyers and financial institutions to check and swap documents and bank cheques and the lodgement of documents with government authorities to transfer ownership. An error as simple as a misspelt middle name could cause settlement to fail and all parties would need to reschedule.

E-conveyancing has revolutionised this process through a national electronic platform known as PEXA. E-conveyancing enables lawyers, conveyancers, and lenders to transact online, improving efficiency and streamlining old manual processes and paperwork. Online settlements remove the location and time barriers of physical settlements, visually track the progress of each stage of a transaction and facilitate online lodgement of documents and faster access to sales funds.

We are fully conversant with the e-conveyancing process providing our clients greater convenience and certainty regarding their conveyancing transaction.

If you need advice or assistance from an experienced conveyancer, contact [email protected] or call 02 9629 6685.