Buying Property

Buying property or venturing into the real estate market can be a daunting experience, whether you’re buying an investment property or your own home (always, but especially if you’re a first home buyer). We take the stress, the hassle, and the uncertainty out of the process.

What are some of the things that we cover in our conveyancing services for property buyers?

  • Pre-Contract Assistance. Before you sign the Contract for Sale of Land, we can review it and provide you with both legal advice (ie, what is the legal position) and practical advice (ie, what you should do next). If you’re concerned about the contract’s terms and conditions, we can negotiate those terms and conditions with the seller’s lawyer for you. If you’re concerned about the nature of the property, we can arrange pre-contract professional inspections such as building and pest inspections, strata title inspections reports or surveys. 
  • Contract Review. By law, the contract must contain certain information about the property and include specific documents relating to the property. The insight is invaluable because these are things wouldn’t be able to obtain from your own physical inspection of the property. We can review the information and documents in the contract in order to provide you with a simple explanation and advice.
  • Contract Exchange. Entering into the contract generally means you sign your version of the contract, the seller signs their own version of the contract. The two versions of the contract (known as ‘counterparts’) becomes the legally binding contract when we swap your version with the seller’s version (ie, the exchange). You could exchange the contract through the real estate agent directly, but it also could happen through us and the seller’s lawyers.
  • Cooling Off Period. There’s a statutory ‘cooling off period’ of 5 business days if you’re buying residential property in New South Wales. It doesn’t apply if you’re buying at auction, on the day of an auction, or if we provide a certificate to the seller confirming that you’re aware of your cooling off rights, but you’ve agreed to waive them. Beware that some real estate agents demand buyers to waive their cooling off rights as though it’s an expectation, but it’s not – it’s your statutory right.
  • Post-Contract Assistance. After you’ve entered into the Contract for Sale of Land, we make arrangements to complete the due diligence necessary for settlement, we process your stamp duty liability and/or any government benefits, and we communicate with your bank or lender if you’re relying on finance to fund your purchase. The time before entering the contract and settlement should also give you time to make arrangements with your finance.
  • Stamp Duty Assessment. Stamp duty can sometimes be complicated, depending on the nature of your transaction. Normally, if you acquire property in New South Wales, you’re liable to pay stamp duty. We assess your stamp duty liability and can process any applications for stamp duty exemptions or concessions on behalf of Revenue NSW.
  • Tax Complicance Obligations. Depending on the property that you’re buying, there can be a number of obligations imposed on you by law – namely, withholding GST and CGT on behalf of the seller. Sounds complicated? It is. That’s why we handle that for you as part of your settlement as well.
  • Pre-Settlement Finance Calculations. Of course money is the most important part of your transaction. We ensure that the settlement calculations are correct and reflect your financial obligations under the contract. We communicate with your bank or lender to check that your loan amount is correct and that you’re able to properly budget to meet the shortfall.
  • Settlement and Registration. Whether your transaction will be settled electronically through PEXA or traditionally with a physical settlement, we look after everything for you. We coordinate with the seller and the seller’s lawyer as well as your bank (if you have one) to complete the settlement and the registration of ownership in your name.

Quote for Buying Property

We offer fixed-fee conveyancing services in most transactions. The information that you provide here will assist us in accurately understand your requirements and scope the work necessary to achieve your intended goals and to satisfy your expectations.

Your Details

Please provide some information about yourself.

Your name (required)

Your email address (required)

Your phone number (required)

Where are you?

If you have been referred by someone, please include their details below:

We generally provide conveyancing services on a referral basis.

Property Details

Please provide some information regarding the property in question.

Property Address

Address:

Suburb:

State:

Unfortunately, we are unable to provide assistance in property transactions outside of NSW. If you proceed to submit this form, you consent to us forwarding your details to our affiliates who assist with conveyancing in other states so that they can contact you to discuss your requirements.

Folio ID

If known

Transaction Details

Type of transaction (required)
Buying PropertySelling PropertyOther

Expected sale price:

Expected purchase price:

Estimated property value:

Type of property (required)
Vacant Land - ResidentialVacant Land - CommercialHouse - ResidentialApartment - ResidentialCommercial PremisesRetail PremisesIndustrial PremisesRural/FarmOther

Please select if applicable
Pre-subdivision vacant landOff-the-plan apartmentHouse and Land PackageNew house (existing)

Expected completion date

Additional Purchaser Information

Please select all that apply to you
I'm a first home buyerI'm not an Australian citizen, and I haven't lived in Australia for 200 out of the last 365 daysI'm buying without a loan. I have my own funds.I've agreed on a priceI've signed a contractI've paid a deposit

Aside from obtaining approval from the Foreign Investments Review Board, you will also be liable for purchaser surcharge duty (ie, 8%) in addition to any stamp duty.

Have you obtained approval from the Foreign Investments Review Board?
YesNo

When did you sign the contract?

Additional Seller Information

Please select all that apply to you
I'm selling the property that I'm living inMy property is currently tenantedI'm NOT an Australian tax residentI pay land tax

Please provide the name and contact details of the managing agent

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