Conveyancing

conveyancing overview:

Buying or selling a residential or commercial property is a significant
matter in most peoples' lives. For some people it is the most significant
transaction they will ever undertake. The conveyancing department of
Cranston McEachern Lawyers will:-

		explain the issues involved in the sale or purchase of your
		property.
		tell you what costs are involved including stamp duty
		advise you about your Contract for Sale
		advise you about and negotiate special terms and conditions for
		the sale or purchase of your property
		attend to your lenders' requirements
		organise the appropriate searches and enquiries to ensure you
		get what you think you are buying
		advise you if the property you are buying is or might be affected
		ask the seller the right questions about the property being sold
		organise settlement

purchasing property

Simply, conveyancing is the process of transferring the ownership of
property from a seller to a buyer. Like any sale, this requires the creation
of an agreement. In conveyancing this is the contract for the sale of land.

This contract will essentially set out the nature of the property that is being
sold, the agreed price, the condition it is in, and other terms and
conditions such as cooling-off periods and settlement dates.

The buyer’s role will consist of, essentially, ensuring their investment is a
good one by arming themselves with the best possible information about
the transaction and what they are buying.

Making all the relevant investigations or searches on the property (see
below for specific searches required for strata and business purchases)
will be required during the process.

These searches will involve being sure the seller:

		holds title to the property they are selling;
		the property is in the condition that the seller claims it is in; and
		the property is a good investment and will be serviceable for years
		to come.

These searches will involve building inspections, strata record
inspections and title searches. Your property law specialist will arrange all
of these.

Straightforward Enterprising Effective

l a w y e r s

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