Property ConveyancingFIXED FEE CONVEYANCING - EXPERIENCED EXPERT CONVEYANCERS
This is a big decision.
Get it right.
FIND THE BALANCE WITH FIXED FEES
Price is important in any transaction. Equally as important is the adage you get what you pay for. We don’t hold ourselves out to be the cheapest provider of legal services, but nor are we the most expensive. What we do hold ourselves out to be is very good at our job, practical, and responsive. You’ll also know exactly what it will cost you. Client satisfaction is how we judge our performance, not price.
THE PD LAW TEAM
Legal expertise is just the start. We also give you outstanding service. Our solicitors and conveyancers are experts in property transactions. Our knowledge makes buying and selling property frictionless and stress-free.
CONVEYANCINGRead some of the basics in our Buying Real Estate in Queensland Guide
Our aim with this guide is to concisely summarise the process of buying property (homes, units, land) in Queensland
Pay your deposit on time
There’s a lot to think about when you’re buying a property. Before you sign your contract you need to ensure that:-
- you can pay the deposit from your own funds and that it is not part of the funds being financed; and
- you understand when the deposit falls due.
If the deposit is not paid to the deposit holder by 5 pm on the due date you will be in breach of Contract. If you pay the deposit after the due date unless the seller agrees to waive its rights to terminate due to the late payment of the deposit the seller can still terminate and take your deposit even after you’ve paid the deposit.
The important lesson here is to pay your deposit on time or let your conveyancer know your deposit is overdue before you pay it so that the appropriate steps can be taken to protect your deposit.
Don’t Forget to Take out an INsurance Policy once you sign the contract
The property is at your risk from 5pm on the next business day after the contract date, so it is critical that you talk to your broker about putting some insurance cover in place immediately. Although the seller has to take reasonable care of the property between contract date and settlement, you cannot force them to repair any accidental damage between the contract date and settlement date.
Cold feet – when you are bound
The law in Queensland gives you a 5 working day cooling off period, starting on the day that you or we receive your contract, signed, enabling you to terminate the contract for no reason, and have your deposit returned.
The seller can claim a 0.25% penalty (usually deducted from the deposit) if you do exercise your right to terminate under the cooling off provisions.