Hints and Tips

Buying and Selling a House
Buying or selling your home will be one of the most important financial transactions you make. To be confident in your decision, do not sign any contract without first seeking the advice of your solicitor who is specially trained in conveyancing.

When Buying A Home

Your solicitor will discuss with you:

details of the building inspection report
the need, if any, for special conditions
any tax implications arising from the purchase of the property.
Your solicitor will:
check the title and plan of the land for easements, caveats, and other encumbrances
make sure all necessary searches have been made
advise on any zoning and planning regulations or other restrictions affecting the property
check for any disputes or other charges affecting the land
prepare all documents and make sure you gain good title to the property you are buying.
When Selling A Home

Once a buyer has signed and paid a deposit, you will be handed the standard contract to sign.

Before signing, speak with your solicitor about:

the inclusion of fixtures and fittings
any alterations you have made to the property
the date of settlement and, if relevant, the timing of any new house purchase
capital gains tax, general tax implications, and estate planning.
Up to the date of settlement, your solicitor will:
check that all documents you are required to sign are in order
ensure all outstanding government charges such as water rates have been paid
arrange for the repayment and legal discharge of any mortgage on your property
ensure you are paid in full for the property.
Doing It Yourself

You do have the choice of doing the conveyance yourself, but you do so at your own risk.
Solicitors are conveyancing experts who may also need to draw on other areas of law for your particular circumstances. As each property is different, so is each conveyance.

Legal Costs

The conveyancing market is competitive so ask your solicitor up front about the costs of the conveyance. But remember the cheapest is not always the best.

Also inquire about their Client Care policy which will ensure that you are kept informed of the developments in your matter.










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