Our expert team is ready to provide you with expert legal advice in relation to both conveyancing services for either buying and selling of property as well as with property related issues.

Our services include:

  • A complete property conveyancing service in relation to the Purchase & Sale of all residential, commercial and industrial property including Torrens, Strata and Company Title properties

  • Buying & Selling of vacant land and development blocks

  • Assistance with financing, including reverse mortgages

  • Buying & Selling of retirement village accommodation

  • Advice and support in relation to joint venture agreements and more

Purchasing Property

 

It is important that you seek legal advice before signing a contract for the sale of land. We advise on all aspects of your intended property purchase, including:

  • Formal review of your contract for the sale of land, including a review of mandatory disclosures by the vendor, enquiries with Government departments and as required, negotiation with the vendor imposed conditions

  • As required, obtain additional reports:

    • S149D building inspection & survey report

    • Engineer's inspection report commenting on structural conditions

    • Pest infestation report

    • Strata report

Section 66W Certificate

Under Australian law, each State / Territory has a stipulated 'cooling off' period by which vendors can opt out of a contact of sale, subject to conditions imposed under the contract. In NSW the cooling off period is 5 days. A section 66W certificate operates to waive or shorten your cooling off period. Note that if you purchase a property at auction, there is no cooling off period and the contract for the sale of land immediately binds both the purchaser and the vendor. The deposit, usually 10% of the purchase price, is payable on exchange of signed contact.

Settlement

 

Your electronic settlement is conducted through the PEXA Property Exchange Australia. We make the arrangements, including arranging for payment of the relevant charges on your property as at settlement date and attend to effecting your payment of stamp duty on your behalf.

We strongly recommend that you conducting a final inspection of your intended property just prior to settlement. This is your opportunity to ensure that the property is in the same condition as at the date of exchange of contracts. Should there be substantial differences to the property, or vacant possession of the property cannot be given, you are entitled to rescind the contract and obtain a full refund of your deposit. Alternatively, if the alterations are not substantial, you may negotiate an adjustment of the purchase price.

Following settlement, your agent will provide to you the keys of the property. The local council, water authority, valuer general and revenue NSW are all automatically notified of the transfer of ownership in relation to the property. For strata title purchases, the Section 22 Notice informs the Strata Manager that you are to be noted on the Strata Roll as the incoming owner. It remains your responsibility to notify other providers, telephone and utilities suppliers.

Take the hassle out of transaction property settlements. Contact our team today for fast and knowledgeable service in relation to all aspects of buying and selling property.

Contact us today for prompt efficient service.

Our initial consultation is at no charge to you. Call us today.

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BAXTER WARNE LEGAL

Level 33, Australia Square

264 George Street

Sydney NSW 2000

AUSTRALIA

T: +612 8006 7396

E: deborah@baxterwarnelegal.com

www.baxterwarnelegal.com

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