So you’ve spent countless weekends scouring the suburbs of Brisbane, or the Gold Coast for that perfect property and you think you’ve finally found ‘the one’ and are ready to put in an offer and sign a contract of sale. It’s right about now that you need to tap the brakes every so slightly. There’s no point rushing in and signing your name, as the entire conveyancing process will be dictated by this contract, so you want to make sure you’ve got it right before signing.
Selling Your Property - Tips to Make the Conveyancing Process Easier:
So you’ve had your property on the market for a while and have now signed a contract of sale and sold your property. First of all congratulations on the sale! While getting that offer may be exciting at first, we’re sure that a bit of stress is beginning to creep into your mind as you start to consider the long list of things you now have to take care.
Conveyancing Tips – Understanding a Sunset Clause:
Buying Off-The-Plan – The Requirements of the Contract:
The skies above the Gold Coast and Brisbane are beginning to fill with cranes as confidence in the Queensland property market increases. With this huge increase in development comes an increase in new apartments flooding onto the market. Most of these apartments are sold before construction finishes in what is termed as an off-the-plan contract.
Understanding Conveyancing – The Building and Pest Condition:
In Queensland the standard contracts of sale, being either the REIQ Contract, or the ADLForms Contract, include a standard building and pest condition. What this means is that a contract for the purchase of property will be subject to the buyer undertaking a building and pest inspection of the property and being satisfied with the report they receive following the inspection.
Selling Your Property – The Conveyancing Process:
The conveyancing process in Queensland varies significantly depending on whether you are buying or selling a property. The sale process is much simpler than the purchase process, which is why your conveyancing solicitor charges much less, however there are still important steps to follow and complete as part of the sale process.
Buying a Property – The Purchase Process:
As a specialist property law and conveyancing law firm we deal with a lot of buyers, some who are experienced investors, whilst many are new to the property market and very unsure about the process. Our job is to make the buying process as easy as possible for you, so we thought we’d put together a few tips on making an offer on a property.
Contract of Sale – Reading the Fine Print:
The most important part of the conveyancing process begins before you even sign the Contract of Sale for the property and it’s something many buyers fail to consider. It’s the simple task of reading the contract in detail and having it reviewed by your solicitor.
Contract of Sale – The Warning Statement:
Contract of Sale – Insuring the Property:
As soon as you sign that contract to buy a property there are a whole host of things that need to be done and considered. One of these things that is often overlooked, but really should be at the top of your to-do list is the issue of insurance.