You’ve made the decision to sell your property, one of the first tasks is to have the Contract for Sale of Land drawn up.
The contract will include not only the legal terms and conditions of sale, but will also specify what items are included or excluded from the sale, and any other special requirements you might have. There are a lot of ways that a contract can be varied, so it’s important to discuss your situation in detail with our Seven Hills Conveyancing Lawyers.
Once a purchaser has been found and the contract has been signed and is legally binding, then a deposit is usually paid by the purchaser and is usually held in the trust account of the selling agent. It’s ok to now start dreaming about the future. Our Seven Hills Conveyancing Lawyers will now make sure that dream comes true.
Settlement, the day that the money and keys are handed over, is usually 6 weeks after signing contracts. During the wait for settlement your lawyer/conveyancer will liaise with your bank in relation to releasing any mortgage held on the property. In this time you should arrange disconnection of electricity and other services.
Once settlement takes place, the real estate agent will be be authorised to release the deposit to you, less their fees. Our Seven Hills Conveyancing Lawyers have by now made sure your dream has come true.
Contact us We guarantee our Seven Hills Conveyancing Lawyers will not disappoint and you will be treated in a genuine way with no fancy strings attached.