Buying Property
We advise you to do:
- do your research and due diligence
- make sure that you have saved enough for the deposit and other fees
- obtain the approval from your bank for your mortgage
- obtain the contract from the agent
- seek legal advice from your lawyer before you sign the contract
- advise your lawyer of your immigration status
- ask your lawyer about the stamp duty and other applicable taxes and duties
- purchase pre-settlement home and building insurance if necessary
- stay in touch with the agent and conduct the final inspection thoroughly
We will assist you:
- check the title and plan of the land for easements, caveats, and other encumbrances
- conduct all the other usual searches recommended by your solicitor for your transaction
- inform you if these searches disclose any issues that affect the property
- check for any disputes or other charges that affect the unit or townhouse (community title land)
- calculate adjustments to the purchase price required under the contract
- arrange for your contract to be stamped and assist you in complying with Australian Taxation Office and State Government notice requirements
- prepare all documents and attend settlement to ensure you gain good title to the property.
Selling Property
To prepare the contract for sale of your property, you should advise your lawyer:
- the appointment of the real estate agent
- any warning, disclosure or statutory obligations
- the inclusion of fixtures and fittings
- your obligations to any existing tenancy
- any alterations you have made to the property
- any special condition that you want in the sale
- whether you are purchasing another property
We will assist you:
- check that all of the documents you are required to sign are in order
- ensure all outstanding government charges such as water rates have been paid
- calculate adjustments to the purchase price, as required under the contract
- arrange for the repayment and legal discharge of any mortgage on your property
- ensure you are paid in full for the property