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Buying
Congratulations!
Your offer or bid has been accepted. So what happens next?
Your purchase now begins the conveyancing process which
is formalised into two parts.
The exchange of the contract of sale
The settlement of the contract of sale
At this point, it's highly recommended
to employ the services of a professional
conveyancer or conveyance solicitor to
ensure the process goes as smooth
as possible. Ensuring that council and water
rates are up to date in payment,
and that any other rates are
similarly paid and adjusted as
needed.
They will help you with: aying any other fees or charges,
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including registration fees and
stamp duty.
ndertaking title searches to
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determine if there are any liens,
restrictions, encumbrances, or taxes
against the property.
eeting all special conditions in
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the contract of sale
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reparing all legal documents
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required to transfer the property’s
title from the seller to the buyer.