NZ Buyers Guide Buyers Guide - Ray White_2019_NZ - single page no | 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 lawyer to ensure the
process goes as smooth as possible. E
 nsuring 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.
 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 the
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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.