Selling Property in Sydney

Complete Conveyancing Solutions for Selling Property in Sydney

Looking to sell your real estate or property? Maybe you’re looking to upgrade or downsize your current home due to circumstances? Or maybe you’re looking to relocate and need to sell your home or business property? Whatever your reasons are for wanting to sell your Sydney property our expert team of conveyancers and settlement agents will be able to help make the process easy and stress-free.

selling property process

Many people purchase property and sell at the same time so coordinating a sale and purchase involves a lot of project management skills, legal obligations and extensive experience in the conveyancing industry, especially to have both transactions complete on the same date. Our Sydney based conveyancers not only have this skill and experience, but they will also be there throughout your selling process (every step of the way) and will supply the following conveyancing services to help you sell your real estate or property:

  • Perusal and confirmation of the accuracy of the property transfer documentation
  • Prepare a draft Contract for Sale document
  • Arranging for and witnessing your signature(s)
  • Organising the payout of your existing mortgage
  • Arranging settlement
  • Calculation of rate adjustment
  • Attendance at settlement
  • Banking of proceeds to your account
  • Provide you with a statement of settlement figures for your records

If you're looking for trusted conveyancing lawyers in Sydney and would like legal advice on selling property, call us on 02 8318 0778 or complete the request form.

 

Selling Property FAQs

Q.

What do I need to do before selling my property?

A.

You will need to find a settlement agent and sign an agency agreement - we can recommend reliable agents in most areas of Sydney. You will then need to instruct us to draw up a draft contract for sale. We will also have a number of questions to ask you, so that we can prepare the contract.

Q.

I've got a buyer for my house, what happens next?

A.

Your agent will send a sales advice to us and to the buyer's conveyancing lawyer. We will discuss the contract with you in detail, including any necessary changes that may come up. Many clients prefer a face-to-face meeting at our office and we are happy to meet you for this stage of the process.

Q.

When selling property, what happens at the exchange?

A.

The team at Just Conveyancing will liaise with the purchaser’s conveyancer to exchange contracts and either a 5% or 10% deposit is handed over, usually with a section 66W Certificate. This makes the contract unconditional. Settlement then normally take place 42 days after the exchange.

Q.

Can I advertise my property before the contract is prepared?

A.

No, a contract of sale must be prepared prior to advertising the residential property for sale.

Q.

What needs to be included in a contract?

A.

A contract of sale must include a copy of the title documents, drainage diagram and a current Zoning Certificate (section 10.7) issued by the council. If the property has a swimming pool or spa pool, there are additional documents required. If any of the required documents are not attached to the contract, the purchaser may be able to rescind the sales contract within 14 days of exchange. Property exclusions and details of the buyer’s cooling-off rights must also be included.

Q.

Is there a cooling off period for sellers?

A.

No, there isn’t a cooling off period for sellers. Once the contracts have been exchanged, the sellers are generally bound to complete the agreement.

Q.

Can I sell without an agent?

A.

Yes, you can. However, there is a lot more work involved and you will need to conduct thorough research at each stage of the process. It is also vital that you hire a solicitor or conveyancer to help you prepare the contract.

Q.

What’s the difference between a property lawyer and a conveyancer?

A.

A property lawyer is someone who holds a practicing certificate in New South Wales and specialises in property law. A lawyer can carry out all the duties a conveyancer is able to do. A conveyancer is someone who can assist in property transactions such as the purchase or sale of a property. It is also very important that you ensure that the conveyancer you work with is fully licensed.

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