Property Conveyancing

FIXED FEE CONVEYANCING - EXPERIENCED EXPERT CONVEYANCERS
 

This is a big decision.

Get it right.

As far as life stages go, buying or selling property is a major milestone. Suddenly you’re negotiating with banks, real estate agents, finance /insurance brokers and lawyers. At this point, when pressure can mount, you will want the best possible working relationship with your law firm.
Peace of mind is an understatement!

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.

 

CONVEYANCING

Read 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.

Recent Conveyancing Articles

Risky Business – Cyclones, Insurance embargos and nervous buyers

    Insurance embargos and nervous buyers Background When cyclones are looming (an active system is being followed by the Bureau of Meteorology) some insurers have previously found the risk of insuring properties too great to accept during this time. If insurers...

Conveyancing – Take the stress out of buying or selling property – do E-Conveyancing with PD LAW

    Sign up for our blogs. You never know when you'll need a familiar face. Take the Stress Out of Buying or Selling Property with E-Conveyancing  Anyone who has brought or sold property before will be familiar with the endless stream of paperwork involved in that...

Agents Survival Series – VOL3A/2016

"Nice Shouse!" When Jed Clampettt buys next door.... Picture this 12 months ago – Seller lists his vacant block with you. Once he signs up he hands you the forest of pages of stuff he thinks is pertinent. You know most of it’s not, but you’re polite. 10 months ago -...

‘Give me certainty please’ – Fixed Fee legal pricing and why it works

‘Give me certainty please’ - Fixed Fee legal pricing and why it works Just before Christmas, PD law CEO Mel Cox took a call from a prospective home buyer client wanting a price for a conveyance. With expected apprehension of any buyer of legal services, our soon to be...

Agents – Too Busy to read the New Contract?

Here’s the PDL Bullet point list There’s a new look and feel about it, a fresh new layout and some key changes that we’ve been hoping would be included. Some of the key features include: Title Encumbrances – must be specifically listed, especially statutory easements...

Buying on Hamilton Island? Download our comprehensive guide!

Island life – taking the plunge! Diving in – what’s different? While many are familiar with buying and owning freehold title property like vacant land, houses or units, the concept of leasehold title is different. In practice though, for property holders on Hamilton...

Sales Team Alert – On Tuesday, the QLD Parliament passed the Land Sales and Other Legislation Amendment Bill 2014

Here’s a brief summary of its effect on your business as real estate agents, and what you and your developer clients should consider. We’ll provide a more comprehensive summary once the legislation comes into force: The Big Ticket items it relocates and slightly...

Purchasing Property in Paradise

A guide to buying real estate in the Whitsundays The Whitsundays has more than most to offer. Encompassing four unique townships, the region offers an ideal mix of stunning natural surroundings, a relaxed lifestyle and economic growth through development, tourism,...

Mortgagee sales – what’s in store for buyers

How they work We’ve all heard about these. Sometimes called ‘mortgagee in possession’ sales, or ‘mortgagee auction’ sales, even ‘foreclosures’, the result is the same: a property owner defaults under the mortgage, and the bank sells the property up. The image conjures...

Buying off the plan – the detail

Off The Plan The term ‘off the plan’ is not so much a legal term but rather an industry one, referring to all types of units and land being sold (but not settled) before legal title actually exists. Below are some of the essential elements of off-the-plan contracts,...

Duty Calculators

TITLES OFFICE FEE CALCULATOR

Titles Office Registration fees are payable. These fees are calculated on the Purchase Price.

DUTY CALCULATOR

Transfer duty is calculated on the purchase price and your intended use of the property such as whether the property will be your first home, home or an investment.

Buyer And Seller Checklists