Selling

Fixed price solution of $499 plus searches.
If you don't settle, you don't pay.

FREE, no obligation, review of your contract.

Before you sign anything, let me review the contract for you. I’ll ensure the document is drafted correctly to protect your rights and avoid costly mistakes.

Contact me now. I’d be only too happy to help.

Why do I need a lawyer?

Conveyancing in Queensland is complex and is affected by at least 20 different pieces of State and Federal legislation, contract conditions, extensive case law and practice guidelines.

Additionally, time is of the essence in your contract. This means that failure to meet the deadlines could have serious legal and financial consequences for you. For example, the buyer may become entitled to terminate the contract, seek to have the deposit refunded and claim compensation from you.

Many things in a conveyance may not go as expected. You need an experienced lawyer on your side.

The process

You’ve found buyer and agreed a price, what’s next?

  1. Usually, your agent will prepare a contract and arrange for it to be signed by both parties. If you don’t have an agent, we can assist you with this step.

  2. Once the contract is signed, the buyer will pay the deposit to your agent (or us if you don’t have one).

  3. In Queensland, unless the property is sold at auction, the buyer is usually entitled to a 5 business day statutory ‘cooling off period’. In this period the buyer can terminate the contract but you are entitled to keep 0.25% of the deposit.

  4. If you have a mortgage, you’ll need to contact your bank and arrange for them to release the mortgage at settlement.

  5. Most contracts are conditional on the buyer obtaining finance and the buyer being satisfied with a building, pest and pool inspection. These items are the buyer’s responsibility. We will make sure they are completed by the due date.

  6. By this point, the contract is usually unconditional. So you should definitely start packing if you haven’t already.

  7. We will prepare a settlement statement which details the various adjustments to be made between the parties (for example, for prepaid rates or expected water usuage). Once the settlement adjustments are agreed, a balance purchase price is determined. This is how much you will receive at settlement.

  8. Settlement day is here. You aren’t required to be at settlment, we take care of that for you. Just have the bubbles cold for when we call to confirm it is completed.

The process detailed above is general information only and does not consider the specifics of your contract. It should not be considered legal advice. If you have any queries about your contact, please get in contact with me.

Searches

You are required to make certain disclosures regarding the property. If the disclosures regarding the property are not accurate the buyer may be able to terminate the contract and claim compensation from you.

Prices for standard searches are usually around $30.