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Buying and selling a property is the biggest financial decision you will make in your lifetime. By engaging North Eastern Conveyancing to handle your conveyancing, you will have peace of mind knowing that you are in good hands.

Our team of dedicated & dependable conveyancers are experts in a wide range of practice areas. Whether you’re an individual or a corporation, we have the experience and results-driven mindset that you need on your side.

Sale & Purchase of residential and commercial property

We aim to make the process of buying and selling as uncomplicated and straight forward as possible. When you are listing your property for sale, your selling agent will ask you to arrange a Section 32 Vendor Statement. The Section 32 contains all of the relevant information in relation to your property such as financial outgoings affecting the property, planning information, building permits, orders and notices etc. A section 32 Vendor Statement must be provided to a potential purchaser prior to a Contract of Sale being signed.

Auction Contract of Sale advice

When you purchase a property at an Auction, no cooling-off period applies and generally the Contract of Sale will be unconditional. It’s very important that you request our office to review the Auction Contract of Sale prior to bidding at Auction. If you are seeking finance to purchase your property, we recommend you obtain pre-approval from your lender prior to bidding at Auction.

Pre-Contract Advice & Negotiations

The fundamental principle in conveyancing is caveat emptor – let the buyer beware! Before you sign a Contract of Sale, be aware of the physical condition of the buildings on the property. When buying an established dwelling, you buy the property in its current condition. There is unlikely to be any course of legal action against the vendor if you find out after you have signed the Contract of Sale that the building has been constructed illegally or infested with pests. To be on the safe side, order a Building and Pest inspection report on the property prior to signing. Before you sign the Contract of Sale, we are happy to review the Contract and assist you with any pre-Contract negotiations and special conditions.

Plan of Subdivisions

We can assist you with the subdivision of property with the preparation of the Section 32 Vendors Statements and Contract of Sale incorporating appropriate conditions relating to the proposed Plan of Subdivision. We are able to liaise with your mortgagee (if applicable) and attend to the lodgment of the Plan of Subdivision at the Land Titles Office.

Property Investment with your Self-Managed Superannuation Fund

If you are considering purchasing a property with your Self-Managed Super Fund (SMSF), it’s important to understand the rules and conditions as set out by the ATO. Most important to remember is that your SMSF can only be used for investing in property. The property must meet the ‘sole purpose test’ of solely providing retirement benefits to fund member. Further, the property can not be lived in or rented by a fund member or any related parties of a fund member. We recommend you to speak to our conveyancer to discuss further.

Section 32 Vendors Statements

It’s the vendor’s responsibility to arrange the Section 32 Vendors Statement for all properties sold in Victoria. A Section 32 Vendors Statement must accompany the Contract of Sale. Information given in the Vendors Statement must be current as of the day of sale and not the date upon which the vendor signs the statement.

Off-the-Plan purchases

We can assist you with the purchase of an “off-the-plan” purchase of a high-rise apartment or brand-new townhouse. Off-the-Plan Contracts are commonly large Contracts of Sale with complex special conditions. We recommend you engage our services to peruse an Off-the-plan Contract of Sale prior to signing the Contract.

Related Party Transfers

If you want to change the ownership of a property, a title transfer must be prepared and lodged at the Land Titles Office Victoria. There are many reasons why you may wish to transfer the ownership of a title. The reason will determine the type of conveyancing process required. The process will be similar to buying and selling.

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