We provide comprehensive property and conveyancing services, including pre-purchase contract advice, purchase and sale of residential property, purchase of property off the plan, and sale and purchase of commercial property.
We pride ourselves on providing sale documents to your real estate agent without delay so that they are available for any prospective purchaser.
Our property team guides clients through the process to ensure an on-time and problem free settlement using the PEXA electronic platform.
We can advise you on matters relating to transfer of property between spouses, from trusts or superannuation funds, and property transfers to beneficiaries where we work closely with our estate administration lawyers. This includes any stamp duty implications of these transfers.
Our professional fees are quoted and transparent with no hidden fees.
Our Services Include
- Preparing compliant Section 32 Statements and Contracts of Sale
- Pre purchase reviews of Section 32 Statements and Contracts, including negotiating terms
- Lodging residential plans of subdivision or consolidation through SPEAR
- Completing all types of property registrations electronically through PEXA
Frequently Asked Questions
What is a Section 32 Statement?
The Sale of Land Act 1962 (Vic) requires that a seller of property must provide a signed statement of information relating to the property before a purchaser is asked to sign a Contract. This includes information relating to rates and outgoings, planning or building permits, restrictions on the property including zoning, easements or covenants, and owner builder matters. It is vital that the requirements of Section 32 are complied with, or a purchaser may have the option to void a Contract.
Will I have a “cooling off period” if I sign a Contract?
A cooling off period does not apply to property purchased at auction, or three business days either side of an advertised auction. A cooling off period does not apply if you purchase in a company name, if the property is commercial or industrial, or more than 20 hectares in size. There may also be a financial cost to you if you elect to cool off. We recommend you obtain advice before signing a Contract.
Are there any risks buying a property at auction?
In addition to there being no cooling off period for a property purchased at auction, the Contract must also be “unconditional” – that is, you cannot make your offer subject to loan approval, subject to a review of the Contract documents, or subject to a building or pest inspection. Therefore, it is imperative that before bidding you are sure that your finance is in order (have pre-approval if there’s any doubt), that you have done a thorough due diligence on the property (including professional building and pest inspections), and that you have had the Contract and Section 32 Statement reviewed to ensure there are no special conditions or other restrictions which could be a costly surprise later on.