Property

What are the Conveyancing Fees for Buying and Selling a Residential Property?

Buying or selling a residential property can be a stressful experience. For many of us, buying a residential property is the most expensive financial transaction we will ever make, and selling a home can also cause emotions to run high as we consider the memories we made while we lived there. Due to this, for the transaction is vital. Here, we’ll cover the fees charged by conveyancers and whether you’ll need to pay Transfer Duty on the transaction. Getting Quotes for Conveyancing The conveyancing market is an incredibly popular one, with thousands of property transactions taking place across Queensland every day....

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What are the Hidden Costs of Buying Property?

Buying your first property is one of the most exciting moments of your life. However, before you make the decision to buy your first home, there are a number of other costs that you should be aware of. By being aware of these costs, you’ll be able to budget for your move and ensure there are no hidden surprises along the way. In this article, we’ve listed out some of these costs, so you can arrange your budget. Property Inspections You’ll want to arrange for inspections before you begin negotiations on the property. This way, you’ll know the state that the...

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The Benefits of PEXA Accreditation in Property Law

Property law governs the legalities of real estate and other property ownership. It covers a variety of areas including purchasing or selling property, rentals and tenancies and more. Having a legal team represent you who specialise in property law is essential. Having a PEXA accredited lawyer or conveyancer gives you specific advantages when making property transactions. What is PEXA? PEXA is an e-conveyancing platform with a large network of Lawyers, Conveyancers and Financial Institutions. The network allows the transaction of property to happen quickly, securely and efficiently. It carries many benefits for both the property seller and purchaser. e-Conveyancing e-Conveyancing is the process of...

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What is the Conveyancing Process When Buying a House?

Purchasing property is an exciting investment into your future. It is a big decision and comes with a repertoire of legal processes to protect you as the purchaser, as well as the seller. You may have heard the term conveyancing used in the process of property transactions. But what is a conveyancer and how does it relate to buying a home? What is the conveyancing process? Keep reading as we break down the legal process of purchasing a house. What is Conveyancing? Before we go into the process, we need to understand what conveyancing actually is. Put simply, conveyancing is the area...

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Coronavirus (COVID-19) tips for your conveyancing matter

Covid-19 - conveyancing and property transactions Coronavirus (Covid-19) tips for your conveyancing matter If you are signing a new contract or already have a contract for the sale or purchase of property in Queensland it is important to think about how the Covid-19 restrictions may impact your transaction.  We have put together our most frequently asked questions to assist you. With social distancing and social isolation do I have to meet with my conveyancing solicitor in person? There are certain in person requirements necessary for all conveyancing matters.  The transfer of property is an area which can be subject to fraudulent transactions.  For this...

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The benefits of electronic conveyancing during COVID-19

Covid-19 - conveyancing and property transactions The benefits of electronic conveyancing during Covid-19 Our preferred approach for a number of years has been to complete our clients' purchase and sale conveyancing transactions through the electronic conveyancing platform PEXA (Property Exchange Australia). PEXA is Australia’s largest online property exchange network providing a platform for conveyancing lawyers, banks and other professionals to transact electronically. Following the directives from the Prime Minister and Queensland Health to practice social distancing and social isolation where required, the ability to complete transactions electronically is even more important ensuring that there is no need for a number of parties to...

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How can coronavirus impact your conveyancing matter?

Covid-19 - conveyancing and property transactions How can coronavirus (covid-19) impact your conveyancing matter? For many years conveyancing has been a traditionally paper based transaction.  After finding your property, you meet with the real estate agent to sign the contract, each party signs the original contract and then you begin your conveyancing process.  You fill out an application for finance, you engage your building and pest inspector.  Transfer and mortgage documents are signed in person.  On settlement day the representatives for all parties meet to handover transfer documents in exchange for cheques. At Life Law Solutions our preferred approach for a number of...

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