Selling a Property in SA
Selling a home or investment property is more than the exchanging of money and handing over your keys. This highly involved transaction has a range of legal requirements – from documentation to the settlement process itself.
At 1836 Conveyancing, we believe it is wise to speak with us before you appoint a Real Estate Agent and before you sign any contract prepared by the Agent for you. We may be able to alert you to specific matters that need to be addressed in the sale of your property and can advise you on any special conditions whether required by you or requested by the buyer.
As your conveyancer, we play an extremely important role in the selling process, offering advice and assistance on matters including, but certainly not limited:
- Your legal obligations including your insurance responsibilities
- Understanding special conditions or "subject to?" clauses
- The buyer's cooling-off rights
- Your rights to withdraw from the sale
- Circumstances in which a party can avoid settlement
The specific conveyancing services which are involved in a sale include:
- Searching with government departments and local authorities for anything affecting the property
- Advising on the information in Form 1
- Compliance with all special conditions and time limits
- The preparation of documentation
- Liaising with existing Mortgagees and Financiers
- Discharging old mortgages
- Calculation of adjustments of rates and taxes
- Preparation of adjustment statements and settlement statements
- Properly accounting for all monies expended or held in trust
- Attendance at settlement on your behalf
At 1836 Conveyancing, we can also prepare a Private Contract which involves the preparation of the contract, conducting of searches and preparation of the Form 1 (cooling off rights). As required under the Real Property Act, the Form 1 is to be presented to your Purchaser.
Enquire with us today for an obligation free quote.