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For most people, selling property will be one of the largest financial transactions of their lives and there are many aspects – financial, legal and practical that need to be taken into account.
Although selling a property is slightly less complicated than purchasing one, there is still a lot to be taken into account and it pays to have someone experienced looking after your sale.
Standard steps involved in selling property
Step 1.
Decide to Sell
Step 4.
Liaise with Financer
Step 2.
Engage a Solicitor
Step 5.
Move Out
Step 3.
Prepare Documents
Step 6.
Settlement
Why should I engage a Solicitor to sell my property?
The following is a list of the steps Wallace & Wallace Lawyers will provide to ensure the sale of your property runs smoothly:
- Prepare the Contract and any special conditions. If you already have a Contract, we will review the Contract and any special conditions and advise on important terms;
- Record critical dates for things like finance approval, building and pest inspections and settlement
- Liaise with the banks and ensure they are ready for settlement;
- Liaise with the Solicitors or Conveyancers acting for the Buyer;
- Ensure all transfer documentation is prepared and signed correctly;
- Review settlement figures and cheque details, liaising with the banks and the Solicitors for the Buyer;
- Should there be a problem – we will work for you to make the settlement go through;
- Attend settlement or arrange an agent to attend on our behalf;
- Advise Council of the change of ownership of the property.
It makes good sense for a person to be properly advised before signing any contract or entering a legally binding contract. To do otherwise may result in difficulties and financial costs that were not anticipated or indeed necessary. Ensure you speak to one of our experienced staff before proceeding to sign a contract or as soon as possible thereafter if you already have.
Electronic Conveyancing
Electronic conveyancing (or eConveyancing) allows documents needed for property transactions to be digitally prepared, signed, settled and lodged by their legal representatives and financiers.
We are a certified member of Property Exchange Australia Limited (PEXA) who are the founding members of the platform. You can find out more about eConveyancing in our FAQs section or by contacting our office.
We also assist with…
To make certain that your interests are protected, our conveyancing team works alongside our commercial, estate planning and commercial property experts to give you the most comprehensive legal advice tailored for your individual situation.
Wallace & Wallace Lawyers have been providing clients with advice and assistance in relation to residential and rural conveyancing for over 30 years.
