Property and conveyancing is a very important part of the property industry and it’s something that you want to get right. The legal process of buying and selling is complex and involves numerous legal and technical considerations. We ensure that the transfer of ownership is carried out correctly and in accordance with all relevant laws and regulations.
The process of property and conveyancing in New South Wales typically involves the following steps:
- Agreement: A contract of sale is entered into between the seller and the buyer.
- Due diligence: The buyer conducts a thorough investigation of the property, including a review of title documents, building and pest inspections, and other relevant checks.
- Preparation of transfer documents: The transfer of ownership is documented in a legal instrument known as a transfer of land.
- Execution of transfer documents: The transfer documents are signed by both the seller and the buyer.
- Registration: The transfer of ownership is registered with the relevant government authority, such as the New South Wales Land and Property Information (LPI).
- Settlement: The buyer pays the purchase price to the seller, and ownership of the property is transferred.
