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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/onon1436/public_html/wp-includes/functions.php on line 6114Before you bid on a property or attend an auction, it is important to have the vendor’s contract reviewed by a licensed conveyancer. This is also known as undertaking due diligence.
The contract of sale is a legally binding document that outlines the terms and conditions of the sale. This can include the agreed sales price, any cooling off periods, an outline of exactly what is included in the sale and the processes that will take place if there is an issue with the home after signing the contract.
It is important that your legal rights are represented and protected before you sign the contract.
The conveyancer will ensure that the vendor’s contract you are bidding for is legal and is checked for any errors or non commercial clauses and that everything is in place if there are any issues with the home during the checks performed before settlement.
We will review the vendor’s sales contract and will:
Statistics say that purchasers will be for an average of 5 homes during their search for the right property. This will mean you need to undertake due diligence before every offer.
Our contract review process is charged at a flat fee and will be credited towards your conveyancing fees with us if the bid of the property is successful.
It is not necessary to hire a legal firm for contract reviews, as we are fully licensed to provide all the services required to transfer title in property.
We provide conveyancing services exclusively. Which means we focus on representing your legal rights and best interests during the entire process. While also preparing everything you need for a fast, precise and successful settlement.
Our communication with you is our number one priority. We will ensure we keep you informed every step of the way and are available to answer any questions you may have.
If you are bidding on a home and you need the contract of sale reviewed by a trusted, licensed conveyancer in Coffs Harbour, Grafton, Woolgoolga or Sawtell. Give our team a call on (02) 6654-1771 or Request a free, no obligation quote.
If you’d like more information about our comprehensive conveyancing service, or you’d like us to give you a call, simply let us know your details below and we’ll be in touch.
You sure can! When a family member transfers property to another family member you are required by the Office of Fair Trading to obtain a valuation from an independent valuer on the property for stamp duty purposes.
The person obtaining the property is required by the Office of State Revenue to pay stamp duty on the current market value of the property or the purchase price whichever is the higher.
If you require a name to be removed from the title to your property for reasons other then marriage breakdown, stamp duty is payable.
The Office of Fair Trading requires a valuation on the property and stamp duty will be calculated on the share of the property value being transferred to you.
If you have a mortgage on the property, you will need to have your lender’s consent before you can have a name removed from the title and mortgage.
We will prepare the necessary property transfer documents required. We will organise for the documents to be executed by all parties to the agreement.
One Step Conveyancing will also correspond with your financial institution to organise the Certificate of Title so the property may be legally transferred.
For costs involved in transfer of property please contact our office and we can discuss these with you.
Yes, to ensure all legislation obligations have been met, we recommend you contacting a solicitor to assist with any type of property Transfer.