Basically Conveyancing is the legal process of transferring property title from one person to another.
Buying or selling property is one of the biggest and most important decisions of your life, both emotionally and financially. If a mistake is made, it can be very stressful, upsetting and expensive experience. Using a Licensed Conveyancer you have the advantage of a qualified and experienced person to handle your transaction. We have an understanding of the legal process and by law are required to carry professional indemnity insurance.
We are able to prepare a draft Contract for Sale of Land within one working day. We are able to obtain copies of most of the required documents instantly online. The only document that may cause some delay is the Section 10.7(2) Council Zoning Certificate, which some Council are still working on a way to provide online.
At Towns Conveyancing Services we are qualified Licensed Conveyancers that are also Justice of the Peace, so we can witness your signature on any required document during your Conveyancing process.
There are more detailed and thorough searches we obtain on your behalf when you are purchasing a property, hence both our professional fee and disbursements are higher.
A Cooling-Off Period allows a purchaser five (5) or ten (10) business days in which they can cancel the Contract for Sale for the purchase of a property. During the business days the purchaser is able to obtain preliminary searches on the property and obtain their finance. To cancel the Contract the purchaser forfeits 0.25% deposit that they handed over on the exchange of Contracts. The Cooling-Off Period does not apply at an Auction or if the Conveyancer hands over a signed section 66w certificate on exchange. A section 66w is a certificate acknowledging that the conveyancer has explained the legalities of the Contract and you waive the cooling off period.