At GKN Law Firm, we deal with property transactions every day, and we know how stressful selling your property can be. Our team of property solicitors and conveyancers are dedicated to making the process of selling your property as easy and stress-free as possible.
Some of the things you need to consider when selling your property are:
Once you’ve made the decision to sell your property, one of the first tasks is to have the Contract for Sale of Land prepared.
The contract will include not only the legal terms and conditions of the sale, but will also specify what items are included or excluded from the sale, and any other special requirements that you might have. There are a lot of ways that a contract can be varied, so it’s important to discuss your situation in detail with your solicitor or conveyancer.
Our property solicitors and conveyancers will apply their extensive knowledge and expertise to provide you with the right advice, ensuring that the contract is prepared not only in accordance with the legal requirements, but also with your needs and requirements in mind.
Once a purchaser has been found and the contract has been signed and is legally binding, then a deposit is usually paid by the purchaser and is held in the trust account of the selling agent.
Settlement (the day that the money is exchanged for the property and the keys are handed over) is scheduled in accordance with the contract. During the wait for settlement your solicitor or conveyancer will liaise with your bank in relation to releasing any mortgage held on the property. In this time you should arrange disconnection of electricity and other services.
Before settlement, the purchase price will be adjusted to reflect the council rates, water rates and strata fees that need to be shared between the parties. There may be other adjustments, based on the contract.
Once settlement takes place, the selling agent will be be authorised to release the deposit to you, and to hand the keys to the purchaser.
Talk to us
At GKN Law Firm, we are committed to working with you to ensure a successful sale. Don’t make a mistake with your biggest asset. Contact us today, and allow us to manage the sale of your property for you.
We recommend GKN Law Firm to anyone. They have helped us with the purchase of our home in every aspect. Very prompt with all the enquiries, low fees, and friendly staff. Thank you very much Grace, Amra and the staff. We give them a 10/10.
– M. Ducasse & M. Ducasse