Residential Conveyancing

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EXPERT RESIDENTIAL CONVEYANCING BRISBANE-WIDE

We provide a fixed-fee service with no hidden costs

When it comes to buying or selling a property in Queensland, navigating the intricate web of legal aspects can be quite daunting. At GLG Legal, we offer residential property conveyancing as well as our commercial conveyancing services. No matter the type of property transaction you are looking to make, our conveyancing solicitors Brisbane-wide are well-versed in Queensland property law, ensuring your property sale or purchase proceeds seamlessly.

Our residential conveyancing is a fixed-fee service with no hidden conveyancing cost. Whether you’re buying your first home or investment property, or looking to upgrade and sell your own home, our friendly team of experienced property lawyers can help you every step of the way. If you need experienced conveyancers backed by professionals, we will be there to help from your signing the contract to settlement and all the stages in between.

 

WHAT IS CONVEYANCING?

Conveyancing is an indispensable legal process that encompasses a wide array of services for both buyers and sellers in residential property transactions. It’s the intricate set of legal steps and procedures necessary to transfer the ownership of a residential property from the seller to the buyer, ensuring that the property sale is legally binding and that both parties fulfill their obligations.

In a typical residential conveyancing Brisbane transaction, the process unfolds as follows:

  • Contract Preparation: The process begins with the preparation of a Contract of Sale. The seller’s conveyancing solicitors or real estate agents typically create this document, outlining the terms and conditions of the property sale, including the sale price and any special conditions.
  • Legal Review: Buyers and sellers each have their conveyancing solicitors who review the Contract of Sale. The buyer’s conveyancing solicitor ensures that the contract aligns with the buyer’s interests and complies with Queensland property law, while the seller’s conveyancing solicitor may negotiate changes or amendments as necessary.
  • Property Searches: Extensive property searches are conducted to identify any issues associated with the property. These searches include land titles, zoning, outstanding rates or land tax, and more, benefiting both buyers and sellers.
  • Inspections: Buyers typically arrange property inspections, such as building and pest inspections, to assess the property’s condition and identify potential issues. Sellers may also take this opportunity to address any concerns before listing their property.
  • Finance Arrangements: Buyers secure their financing arrangements, and the residential conveyancer liaises with the buyer’s lender to ensure financial aspects align.
  • Exchange of Contracts: Once both parties are satisfied with the terms and conditions, and all inspections and searches are complete, the contracts are exchanged. This involves the seller signing the buyer’s contract and vice versa.
  • Deposit Handling: The buyer pays a deposit, typically held in trust by the seller’s solicitor or real estate agent until settlement.
  • Settlement: On the settlement day, the buyer’s conveyancer transfers the purchase price to the seller’s solicitor. The seller provides the buyer with the property’s legal title, and the buyer becomes the new legal owner.
  • Post-Settlement Tasks: After settlement, the residential conveyancer attends to various post-settlement tasks, including notifying relevant authorities of the change in ownership and updating property records. Sellers may also need to address any outstanding matters, such as clearing existing mortgages or liens.

Whether you’re buying, selling or investing in a residential property, a skilled Brisbane conveyancing solicitor plays a crucial role in safeguarding your interests, ensuring that all legal aspects are addressed, and facilitating a smooth transaction. Engaging in this form of professional service is essential to navigate the intricacies of Queensland property law successfully.

 

IF YOU ARE BUYING A PROPERTY WE WILL ASSIST YOU ON ALL ASPECTS OF THE CONVEYANCING PROCESS INCLUDING:

  • Explaining to you the contract and its terms and conditions
  • Explaining what risks you need to be aware of and how to protect yourself
  • Explaining what a ‘cooling off’ period is and your rights to use it
  • Advising you of the various timeframes that you have to meet under the contract
  • Ensuring you obtain the necessary property reports within the required time, such as building and pest reports
  • Conducting the necessary searches over the property as per your instructions and providing you with copies of the search results
  • Providing you with the necessary Declaration forms for Transfer Duty and attending to the stamping of your Contract and Transfers with the Office of State Revenue
  • Explaining to you about the steps you need to take when applying for finance
  • Explaining what property searches are available and the benefits of each and conducting these on your behalf
  • Assisting you in satisfying the special conditions of the contract
  • Providing you with the necessary documents you need to sign
  • Liaising with your financier to book in settlement and ensure sufficient funds are available
  • Calculating settlement figures and making necessary adjustments
  • Attending settlement on your behalf
  • Notifying Council of the change of ownership so future rates notices are issued to you.

 

IF YOU ARE SELLING PROPERTY OUR BRISBANE CONVEYANCING TEAM WILL ASSIST YOU WITH THE SALE INCLUDING:

  • Advising you of the terms and conditions of the contract
  • Notifying you of the timeframes the buyer has to meet and what your options are if those are not met
  • Assisting you with notifying any mortgagee of the sale
  • Receiving in confirmation from the Buyer’s solicitor on the satisfaction of the special conditions and notifying you
  • Providing you with documents you need to sign, e.g. transfer documents
  • Liaising with your mortgagee to book in settlement with them and ensuring sufficient funds are available
  • Calculating settlement figures and making necessary adjustments
  • Attending settlement on your behalf
  • Notifying Council of the change of ownership, so future rates notices are issued to the buyer
  • Advising you of what needs to be done prior to and after settlement

There is no need to do your own conveyancing when our professional, friendly and experienced residential conveyancing solicitors will keep you constantly informed and ensure a smooth, stress-free property purchase or sale.

OUR BRISBANE PROPERTY LAWYERS PROVIDE A FIXED-PRICE CONVEYANCING SERVICE WHICH MEANS THAT YOU WILL BE AWARE OF THE COSTS INVOLVED AND WON’T FIND ANY HIDDEN EXTRAS.

Based on our extensive experience in this area, we have developed a number of checklists and information sheets to help you during this process.

For a high level of personal service for Brisbane conveyancing, please contact us today.

WHY CHOOSE GLG LEGAL?

At GLG Legal, we understand that residential property conveyancing in Brisbane is not just about transactions – it’s about securing your future home or successfully selling your property. Our property conveyancing services are specifically tailored to your wants and needs, so that you can confidently navigate the Queensland property market with peace of mind, knowing that every legal detail is expertly managed by an expert residential conveyancer.

Whether you’re a first-time homebuyer or looking to upgrade or sell your property, our dedicated team of conveyancing lawyers is here to guide you through every step of your journey. For residential or commercial property conveyancing in Brisbane that prioritises your interests and ensures seamless, stress-free property transactions, choose an experienced conveyancing solicitor at GLG Legal.

WHAT OUR CLIENTS SAY

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CALL NOW TO TALK TO ONE OF OUR EXPERT LAWYERS

Brisbane, Head Office

Level 8, 193 North Quay, Brisbane QLD 4000

P: 07 3161 9555

E: info@glglegal.com.au

Redland Bay

133 Broadwater Terrace, Redland Bay QLD 4165

P: 07 3206 8700

E: info@glglegal.com.au

Springfield

Brookwater Office Park,

Level 1, Building 9,

22 Magnolia Drive, Brookwater QLD 4300

P: (07) 3288 3511

E: info@glglegal.com.au