Purchasing a property is often seen as climbing a rung on the ladder of personal and financial achievement. However, the path towards becoming the registered proprietor of your new haven is dotted with legal formalities. This is where conveyancing, the legal transferral of home ownership from the seller to you, steps into the picture.
At Pearson Chambers Conveyancing, we shoulder the legal intricacies to ensure a seamless and affordable transition of property ownership. Our conveyancing solicitors are adept at preparing requisite legal documentation and orchestrating the conveyancing process to fruition. The trail of conveyance is outlined in the Contract of Sale which encompasses details of the property, involved parties, the agreed price, settlement date, and any special conditions.
Here’s a snapshot of the services we render for buyers:
Verification of Seller’s Ownership: Our initial step is to affirm that the seller holds the legitimate right to sell the property, ensuring there are no encumbrances on the title that could derail the transfer of ownership.
Optional Pre-Purchase Contract Advice: Offering a meticulous review of the contract and the seller’s property disclosure statement (or Section 32 statement) to discern any potential risks or terms that require amending for your protection.
Post-Signature Contract and Section 32 Advice: Post your signing, we elucidate your rights, obligations, and key actions or dates to be circumspect of.
Transparent Communication: We keep the channels of communication open, ensuring you are well-informed about your responsibilities and the unfolding process.
Preparation of Legal Paperwork: Drafting all the necessary legal documents to gear up for the ownership transfer.
Settlement of Unpaid Rates: Adjustment of unpaid rates and outgoings against the property, ensuring no outstanding fees ambush you post-settlement.
Detailed Statement of Adjustments: Providing a precise breakdown of rates and fees payable at settlement.
Registration of New Proprietorship: Ensuring all fees and documents are assembled for your registration as the new proprietor on the certificate of title.
Coordinating with Involved Parties: Our team liaises with incoming lenders, the seller’s legal representative, real estate agents and other parties to ensure timeliness and accuracy.
Utilization of PEXA for Electronic Settlements: Employing the online settlement platform, PEXA, to upload settlement figures, check, and arrange for the payment of settlement monies to the vendor.
Notification to Authorities: Post-settlement, we notify councils and other authorities regarding the change in ownership details.
Each of these steps comes with its own timeline, and potential hurdles may emerge that necessitate prompt attention. Our vigilant monitoring and coordination among all parties ensure readiness for settlement.
Pearson Chambers values the gravity of accurate conveyancing, striving tirelessly for a smooth settlement to shield you, the buyer, from any foreseeable issues.
Embarking on the property ownership journey can be exhilarating yet tense. Rest easy knowing our proficient conveyancers and lawyers are by your side, guiding you from the initial purchase to the final ownership, sans the drama.
Although we don't aid in packing and unpacking, our comprehensive conveyancing services promise a hassle-free settlement. To delve deeper into our services or request a free quote, reach out to us at contact@pearsonchambers.com.au or call us at 0421 058 106, and one of our friendly, experienced conveyancers will be delighted to assist you.
Disclaimer: The information presented in this article is intended for general informational purposes only and may not cater to your specific circumstances. It should not be utilised as a basis for legal, tax, or accounting advice. The legal advice provided may vary based on individual situations. The expressed viewpoints within this article are strictly those of the author and may not represent or align with those of Pearson Chambers. All content is protected under copyright, owned by Pearson Chambers Pty Ltd