Conveyancing & Buying Property

Beena Rezaee Legal and Migration

Conveyancing & Buying Property

BR Legal have experienced conveyancing solicitors to help with all stages of SA property transactions whether you are buying or selling a home, unit, vacant block, strata title, commercial real estate or rural property, and including:

  • Legal advice in regard to real estate contract law
  • The cooling off period
  • Reviewing the contract, Form 1 and conditions
  • Preparation of the Memorandum of Transfer
  • Auction Contracts and purchases off-the-plan
  • Cost appraisal including stamp duty, and disbursements such as search and registration fees
  • Tax considerations and asset protection including capital gains tax, and sales or purchases by companies, self managed superannuation funds, family and discretionary trusts and deceased estates
  • Property tenancy including joint tenants and tenants in common
  • Retirement Village purchases, leases and service contracts
  • Commercial property including leases
  • Dispute resolution and litigation
  • Liaison with financial institutions in regard to deposit bonds, loans, mortgages and discharges of mortgages
  • Attend settlement at the Land Titles Office and arrange notification to authorities such as SA Water
  • Adjustments to the purchase price in regard to rates and allowances
  • Advice for first home buyers including the First Home Owner Grant
  • Preparing and registering Powers of Attorney
  • Advice in regard to easements and covenants on title searches

Buying Property

Before You Start

The first round of decisions you will likely need to make is in regard to finance. Make sure you read everything thoroughly, from the pre-contractual statement which outlines the fees and charges to which you’ll be subject to the actual mortgage contract itself. Remember you are entitled to legal advice and are under no obligation to sign anything on the spot.

Settlement

After the contract has become binding, your lawyer/conveyancer has a number of tasks to perform including:

  • Arranging payment of stamp duty
  • Liaising with the lender in regard to the mortgage
  • Checking with various government authorities to see if they have a vested interest in the property
  • Checking to see if there are any outstanding debts to local council
  • Calculating adjustments for council, water and strata rates
  • Making final checks on the title

On settlement day your lawyer/conveyancer will attend a meeting that will include the seller’s lawyer/conveyancer as well as any lenders involved and the funds will be handed over in exchange for the title and the keys.

Contact us to discuss the specific property you are considering buying with an experienced property lawyer/conveyancer in Adelaide.