Buyers Guide Buyers Guide - Page 18

04 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, P including registration fees and stamp duty.  ndertaking title searches to U determine if there are any liens, restrictions, encumbrances, or taxes against the property.  eeting all special conditions in M the contract of sale 18  reparing all legal documents P required to transfer the property’s title from the seller to the buyer.