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Conveyancing

Purchasing property is likely to be one of the most significant financial and emotional investments you will make and the consequences of your property transaction going wrong are extremely serious.

Buyer's Guide to Purchasing Your New Home

Below is an outline of how your Purchase should progress:-

  1. Negotiate and agree on the terms of Purchase with an Agent or Seller (most importantly purchase price, deposit, due dates for conditions and settlement date);
  2. Speak to Briese Lawyers about the Contract contents and conditions prior to signing to ensure no additional Special Conditions are required to be inserted;
  3. Sign Contract;
  4. You pay the deposit by the due date, generally being the day of signing of the Contract by you;
  5. You obtain insurance over the improvements on the property by no later than 5:00pm on the first business date following the Contract Date;
  6. You arrange Finance by the due date, usually 14 days from the Contract Date;
  7. You organise Building and Pest inspection Reports by the due date, usually 14 days from the Contract Date;
  8. Inform your Solicitor once finance approval is received and whether or not your building and pest inspection reports are satisfactory;
  9. Provide your Solicitor with a copy of the finance approval letter. Your Solicitor and financier will communicate direct with respect to arranging settlement;
  10. Your Solicitor will conduct searches and will arrange for you to sign a Duty Concession Declaration (if required);
  11. If you wish, you will need to arrange with the Real Estate Agent to conduct a pre-settlement inspection of the property. If there are any issues with the property, contact your Solicitor prior to settlement occurring so that any issues are rectified beforehand;
  12. Your Solicitor will attend to settlement on your behalf. Once settlement is effected, your Solicitor will contact you and the Real Estate Agent to inform that settlement has been effected;
  13. Unless previously arranged, you are to collect the keys at the Real Estate Agent's office once settlement has been effected; and
  14. Final correspondence will be forwarded to you confirming that settlement has been effected.

At Briese Lawyers, we offer our conveyancing client's clear and effective communications, efficient, professional and friendly service, and fixed price conveyancing with no hidden costs.

Our Conveyancing Manager is here to make this experience as hassle free and smooth as possible for you and will step you through the process. If you have questions before you execute the Contract, you can contact us for advice before you sign to ensure that the Contract contains all the conditions you will need.

 

Liability limited by a scheme approved under professional standards legislation

This fact sheet is provided as a general guide only and should not be used or relied upon by any person without obtaining legal advice in relation to their own circumstances

Selling your home?

At Briese Lawyers, we offer our conveyancing clients clear and effective communication, efficient, professional and friendly service, and fixed price conveyancing with no hidden costs. We provide conveyancing services for residential and commercial property.

Seller's Guide to Selling Your Home

Below is an outline of how your Contract should progress:-

  1. Negotiate and agree on the terms of Sale with an Agent or Purchaser (most importantly purchase price, deposit, due dates for conditions and settlement date);
  2. Speak to one of our experienced Conveyancing staff about the Contract contents and conditions prior to signing to ensure no additional Special Conditions are required to be inserted;
  3. Sign Contract;
  4. You must notify your Mortgagee of the Sale and authorise the release of the mortgage over the property. Then provide your Banker's details to your Solicitor;
  5. Your Solicitor will inform you once the Conditions of the Contract have been satisfied or will obtain your instructions for any requested extensions by the Buyer;
  6. Return the signed Authority to your Solicitor noting where you require any balance of settlement funds to be deposited (following payment from the settlement proceeds of commission to the Agent, your Legal Fees and the Discharge of Mortgage amount required by the Bank). Also provide a copy of your most current Council Rate notice to your Solicitor;
  7. Arrange to deliver the keys to the Agent prior to settlement;
  8. Your Solicitor will attend to settlement on your behalf. Once settlement is effected, your Solicitor will contact you and the Real Estate Agent to inform that settlement has been effected; and
  9. Final correspondence will be forwarded to you confirming that settlement has been effected.

At Briese Lawyers, we provide fast, efficient and cost effective conveyancing services. Our Conveyancing Manager has a wealth of experience and is here to assist you through the conveyancing process. If you have any questions, please contact our office.

 

Liability limited by a scheme approved under professional standards legislation

This fact sheet is provided as a general guide only and should not be used or relied upon by any person without obtaining legal advice in relation to their own circumstances

Foreign Investment

Foreign investors who are seeking to acquire residential property in Queensland must consider the Foreign Investment Review Board (FIRB) restrictions

National Rental Affordability Scheme

Information for investors

The National Rental Affordability Scheme (NRAS) is a long term commitment by the Australian Government to investors prepared to build affordable rental housing. NRAS seeks to address the shortage of affordable rental housing by offering tax-free financial incentives to the business sector and not for profit housing organisations to build and rent affordable dwellings.

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