Property Transactions in New South Wales
For home buyers, early contact with a good solicitor is essential. We can help you with information about stamp duty, subsidies and costs. We can explain the conveyancing process and the investigations that are necessary to protect your investment. We can give you valuable hints on how to deal with Real Estate Agents, Banks and Councils to ensure you get a good deal. Then, when you have decided on a property, we can advise you about the terms of the contract before you sign and arrange for alterations to the document to protect you, for example, if you are still waiting on finance approval, it may be necessary to include a finance clause in the contract.
Buyers of residential property in New South Wales have a cooling off period of 5 business days which gives you the right to cancel the contract within this period, with 0.25% of the purchase price being forfeited to the seller. This is a very short time and you should try to do as much as you can before you sign the contract. Adams Leyland understands the importance of sealing the deal quickly, but with your interests fully protected. Learn more. Purchasers Information Sheet.
If you are selling a residential property in New South Wales, you are required by law to have a sale contract prepared before marketing of the property can commence. This contract will need to include a current title search, a planning certificate from the local Council and a drainage plan. Usually a solicitor prepares this contract and so it is good and safe practice to speak to a good solicitor when you first decide to sell your property. We can give you independent advice about market conditions and the legal issues of dealing with Real Estate Agents that will enable you to make the correct decision. Then when you are ready to sell we can have your contract prepared quickly so marketing can start immediately. Learn more. Vendor Information Sheet.
Whether you are selling or buying, our focus is on providing a prompt and comprehensive service to ensure the whole transaction proceeds smoothly through to settlement.
If you are thinking of buying a home contact us for a FREE CONSULTATION to explain everything you need to know and get a binding quotation.
