Residential Conveyancing Brisbane

Residential conveyancing is the legal process of buying or selling a house. But conveyancing in Queensland is considered to be a minefield. With well over 25 years of experience in acting for buyers and sellers of houses, units, townhouses and vacant land (homes and investment properties), we have the conveyancing expertise to ensure that the process runs smoothly.

Property settlement generally takes between four and 12 weeks after the offer has been formally accepted. The settlement period is agreed by the buyer and the seller and detailed in the contract of sale. Property settlements are rarely completed within four weeks as a large amount of paperwork must be completed before settlement can occur.

Some people choose to take on the residential conveyancing process themselves, however it would be in your best interests to seek legal assistance to help you navigate the process. Lawyers and solicitors understand all of the legal requirements to buy and sell a house, and they can take on the more complicated matters such as negotiations with government entities or ensuring documentation is properly signed.

You do not have to be present at the property settlement signing, as this can be conducted on your behalf by your financial and legal representative. Any documents that require your signature will be signed prior to the final property settlement signing.

After the property settlement has occurred, the keys will be handed over to the buyer and the home will be under new ownership. Before this happens, you as the seller should make sure all of your furniture and belongings have been removed from the property and you have planned alternate accommodation.

Before the final settlement, you as a buyer should inspect the house to ensure everything is as it should be, such as checking the contract to make sure all of the items listed in the contract are still present in the home and are in working order. If anything is not right, you must contact the seller at once. After your legal and financial representatives have met with the seller’s team on the day of the settlement, they will create a mortgage in your name that is attached to the property. This means that you are the new owner of the property.

Issues may arise in any type of legal process, which is why it is important to have a legal representative during the residential conveyancing process, as they will be well equipped to handle any issues that arise. The issues that may occur on settlement day could relate to lack of communication, inability to make the selected appointment, documents that are missing or bank errors.