In this consultation we will explain your contract requirements and costs.
To arrange your free consultation, either call us on 1300 419 325 (Mon-Fri, 9am - 5pm) or fill in your details below and we will call you back.
Have a question?
Read answers to some of our most commonly asked questions. If you still have questions feel free to contact us and let us know how we can help.
No. Our communications with you and all other persons involved in the transaction are conducted by phone and on-line.
When you engage us, we’ll book a video conference with you and go through questions about your property and your contract requirements. This conference will take about 45 minutes.
We’ll then quickly provide you with a written report, and a draft contract incorporating terms tailored to your circumstances.
We are required by law to attach certain documents to your contract, and always ensure that these are attached.
Our contract terms are otherwise intentionally simple and market standard.
You will benefit from a clear contract statement of seller and buyer rights and obligations, drafted to manage your risks and requirements in fair and reasonable terms.
We avoid overly complicated contract terms that could result in unnecessary time wasting negotiations with buyers and their lawyers.
Usual requirements under a sale contract generally include that:
If your home has a swimming pool, safety laws require that the pool has to be registered with and inspected by your local council. The council will issue an occupation certificate or certificate of compliance if the pool satisfies safety regulations, and will issue a non-compliance certificate noting defects if the pool does not satisfy those regulations.
If you are selling a home with a swimming pool, the law requires that your contract attach a copy of the occupation certificate, certificate of compliance or certificate of non-compliance.
A certificate is not required to be attached if your property is a strata lot (in a block of more than 2 lots) and the pool is common property.
In certain circumstances the law requires that your contract attach copies of authority or insurance documents if residential building work has been carried out on your property.
We will ask you whether such work has been carried out and advise what (if any) documents in relation to that work must be attached to the contract.
If your property is leased to a tenant, we’ll ask all relevant details to ensure either that the tenant has vacated before settlement or (if the buyer lease is to continue after settlement) that the tenant has no further claims against you after settlement.
To manage risk and satisfy government requirements, you will sometimes need a pest and building report, survey report or swimming pool certificate.
We’ll help you find an experienced person to perform the required the report or certificate work.
We are used to dealing with one or more deceased sellers.
Normally, we’ll need a copy of probate or letters of administration.
If you don’t have these yet, no problem. We will help you through the process quickly.
We are required by law to identify each seller individually via a very formal process called verification of identity (VOI). Through this process we must view faces and confirm addresses with seller photo identification and other documents.
We can do this by video conference but, if that isn’t possible, we’ll provide you with information on how to obtain the required VOI from one of our identity agents.
A cooling off period of 5 to 10 days after the contract date applies for the sale of residential property in New South Wales. A buyer may rescind the contract without any reason during this period.
The cooling off right is waived if the buyer’s lawyer provides a “cooling off certificate” (also known as a section 66W certificate).
The cooling off right also doesn’t apply if the property is sold:
Your contract documents will be issued and signed online
So the contract can be reviewed or signed by you and the buyer anytime and anywhere.
Once the contract is finalised, we manage the online signature process via the DocuSign program which guarantees that the contract cannot be (accidentally or deliberately) altered before or after it is signed by you or the buyer.
Settlement of all sales in NSW occur via an online system called PEXA.
This system provides you the benefit of same-day receipt of sale proceeds.
We’ll need your written authority to operate this system on your behalf.
We offer a fixed fee conveyancing fee quote during your free initial consultation.
When we give this quote, you’re under no obligation to use us. But if you choose to use us then 50% of the fee is paid upfront, using a credit card or debit card.
The other 50% is paid on settlement, from settlement proceeds. You’ll pay this only if your property is sold.
In addition to our fees, there are third party charges (which we call “disbursements”) because:
We will confirm the third party charges when we ascertain them. But to give you a rough idea in advance:
Before going any further, contact Quick Convey to check the contract for any red flags. After you are satisfied with the contract, you can start your offer process and get your inspection reports completed as well.
Yes, buying a home is a major legal commitment, so consult us before you sign anything. We will draw your attention to any unusual contract conditions and seek to negotiate with the vendor if you want those conditions changed or deleted.
No. Our communications with you and all other persons involved in the transaction are conducted by phone and on-line.
We’ll review the owner’s contract document, discuss it with you and confirm whether contract negotiation and/or property inspections are required before you enter into the contract.
We’ll also provide a 66W (cooling off waiver) certificate if it’s appropriate to do so in your case.
You should get a pest and building inspection (for houses) or strata records inspection (for units) either before entering into a contract (if available) during the contract cooling off period. These reports will help you identify any current or future issues which could be costly to fix.
A cooling-off period starts when you enter into a contract to purchase and ends 5 business days later. During this period, you may get out of the contract by notifying the owner.
A 10-business day cooling-off period applies for properties sold “off the plan” (ie apartments or land lots that are not yet built or formally subdivided).
A cooling-off period does not apply if you buy a property at auction or enter into a contract to buy on the same day that the property is passed in at an auction.
If you get out of a contract during the cooling period, you must pay the vendor a penalty of 0.25% of the purchase price ($250 for every $100,000 of the price).
The certificate is effective only if it is signed by a conveyancer or lawyer acting for you.
Most property owners will ask you to give this certificate, and some owners will not deal with you unless you do.
Provision of the certificate is almost always requested if a property is about to be auctioned.
Before giving the certificate, you should have your home loan approval in place and be satisfied with inspection reports.
Contact us immediately to provide a s66W certificate if you are being requested to give it. We will discuss whether it is wise to give it before we do.
Usual requirements under a sale contract generally include that:
Safety laws require that the pool has to be registered with and inspected by your local council. The council will issue an occupation certificate or certificate of compliance if the pool satisfies safety regulations, and will issue a non-compliance certificate noting defects if the pool does not satisfy those regulations.
None of these certificates is required if the property is a strata lot (in a block of more than 2 lots) and the pool is common property.
If the property is leased to a tenant, we’ll ensure either that the tenant vacates before settlement or (if you and the tenant want the lease to continue after settlement) that the lease terms are acceptable to you.
Contracts can be issued and signed either online or on paper. We prefer (and will assist in) contracts being dealt with online, because that is far more efficient and convenient, but we can this only if the owner agrees.
Settlement of all sales in NSW occur via an online system called PEXA. We’ll need your written authority to operate this system on your behalf.
We are required by law to identify each buyer individually via a very formal process called verification of identity (VOI). Through this process we must view faces and confirm addresses with buyer photo identification and other documents.
We can do this by videoconference but, if that isn’t possible, we’ll provide you with information on how to obtain the required VOI from one of our identity agents.
Stamp duty is a tax imposed on a property buyer. The tax is very expensive and must be paid before a property can be transferred into your name (and no later than 3 months after a contract is entered into), so is important to be confirm the stamp duty cost before entering into a contract to buy a property. We will do the calculation for you.
We offer a fixed fee conveyancing fee quote during your free initial consultation.
When we give this quote, you’re under no obligation to use us. But if you choose to use us then $110 of the fee is payable in advance for a contract review or provision of a section 66W certificate, using a credit card or debit card.
The balance of the fee is payable when the contract is entered into.
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