Conveyancing Townsville
Residential Conveyancing
Buying or selling a home or residential unit can be one of the largest financial transactions that you will ever enter into. It is also a complex transaction with complicated legal issues and the involvement of various people and organisations including real estate agents, banks, Government departments, the other party to the transaction and their lawyers. The consequences of any oversights or mistakes could have a severe impact on you.
CBC’s residential conveyancing matters are conducted by highly trained specialist Conveyancers in our Residential Conveyancing Division, Conveyancing Cottage.
Our Conveyancers are able to provide a personal, cost effective conveyancing service in a friendly but professional way. Based in Townsville, we help clients throughout North Queensland including Mt Isa and the Burdekin.
Our Conveyancers are happy to review your Contract, especially before you sign, and discuss the following points and more with you:
- Standard Residential House & Land Contracts and it’s terms and conditions, including your rights regarding finance and the building and pest inspections;
- Auction Contracts – their meaning and effect on you;
- Off-the-plan Contracts – the impact on you of the special conditions usually attached to this type of Contract;
- The cooling off period – your rights and the penalty you may have to pay;
- Payment of the deposit – your obligations;
- Any easements and covenants affecting Title of the property you are buying or selling;
- Cost estimates including transfer duty (formerly known as stamp duty) and other disbursements such as searches and registration fees;
- Transfer duty and any concessions available to you; and
- Any other matters you may have concerns about.
In addition to standard home and land conveyances, we are also able to represent clients in any other matters that involve the transfer of ownership of houses and land such as transferring ownership to a company, Trust or Superannuation Fund to protect the asset and/or obtain taxation benefits, or to transfer property between parties following a relationship breakdown.
The Conveyancing Cottage is the residential division of Crosby Brosnan & Creen Lawyers.
- Legal Advice in regard to real estate contract law
- Auction Contracts and purchases off-the-plan
- Cost appraisal including stamp duty, and disbursements such as search and registration fees
- The cooling off period and deposits
- Building contracts, owner builder issues and the Queensland Building Services Authority Act 1991
- Liaison with financial institutions
- Adjustments to the purchase price in regard to rates and allowances
- Advice for first home buyers including the First Home Owner Grant
- Advice in regard to easements and covenants on title searches
What Is Conveyancing?
Conveyancing is the process of transferring the ownership of property from one party to another; typically it refers to buying or selling a home or other residential building. There’s no doubt that buying or selling your home is complicated – it involves a large number of different stakeholders such as banks, real estate agents, other property owners and lawyers, and can sometimes be a lengthy process.
Conveyancing can certainly be an anxious time, regardless of whether you’re the buyer or seller.
It is important to make sure that it is done properly. You don’t want to find out some time in the future that there is a problem with ownership of your own home.
Getting the right legal services and guidance can really help to make the process run more smoothly and give you confidence that it has been done correctly. Our dedicated residential conveyancing division is here to support you throughout your journey.
The role of our conveyancers is to guide you through the conveyancing process from the exchange of contracts to make sure you understand your agreement through to settlement.
Choosing the services of our conveyancing team can help you to make sure your contract is correctly and properly drawn up and that you get trustworthy advice and expertise throughout every step of the process.
Our residential conveyancing division provides a range of different conveyancing services to meet a variety of different needs. The team are able to take on a number of responsibilities such as preparing if there is no agent involved, preparing transfer documentation and acting as the contact point between you and other stakeholders.
We’ll address the complexities of conveyancing so that your experience is as stress-free as possible.
Why Choose Our Team?
Our team are the lawyers and conveyancing paralegals Townsville residents can rely on. We’re highly trained legal specialists with a detailed understanding of conveyancing law, and we take pride in providing accurate, honest advice to all of our clients.
Our cost-effective conveyancing services give you high-quality legal support at a competitive price, helping you to get the most out of your property exchange regardless of whether you’re buying or selling.
We’re known for our friendly and professional attitude and our commitment to supporting clients who are involved in conveyancing Townsville-wide.
The team deliver fantastic customer service as well as leading legal advice and services, giving you total confidence that you’re in safe hands with CBC. We strive to ensure that every client’s needs are met, aiming to make every exchange a positive experience by taking responsibility for their legal requirements.
Contact Us – Conveyancing Townsville
If you’re looking for dependable conveyancing lawyers in Townsville and North Queensland, CBC can help.
Whether you’re buying or selling in the region, we have the specialised knowledge and experience that you require to ensure that your conveyance proceeds smoothly and correctly.
With many years of experience in conveyancing law, you can have real confidence in our honest advice and dependable legal services.
We’re trusted local legal experts in multiple areas of the law such a commercial and property law, as well as having an in-depth understanding of conveyancing, get in touch to discuss how we can help you.
You can also request a consultation with us using our online form.
Frequently Asked Questions
Why do I need a conveyancer?
Choosing a conveyancer is crucial when you’re buying or selling a property. The process of conveyancing is complex, involving multiple stakeholders such as real estate agents, banks and government departments. A conveyancer ensures all legal aspects are handled meticulously, safeguarding you from potential issues. At CBC Lawyers, our conveyancers offer personalised services. Whether it’s reviewing your contract, clarifying terms and conditions or guiding you through the entire process, our services ensure your transaction is legally sound.
How long does conveyancing take?
The duration of the conveyancing process can vary depending on several factors. One of the primary determinants is the complexity of the transaction; simple property exchanges generally conclude faster than those involving intricate legal or financial considerations. The efficiency and responsiveness of all parties involved, including buyers, sellers, real estate agents and financial institutions, can also impact the timeline. External factors, such as delays in obtaining necessary documentation, can further extend the process. To learn about the timeframe for your conveyancing process, request a consultation with us.
What can I do to avoid conveyancing problems?
To avoid issues, it’s advisable to consult a conveyancer before signing any contract. At CBC Lawyers, our conveyancers will review your contract and discuss various points like your rights regarding finance, building and pest inspections and any easements affecting the title of the property. Being proactive and seeking professional advice can help you identify and address potential issues, ensuring a smoother transaction.
Who pays for conveyancing?
Generally, each party—whether buyer or seller—covers their own conveyancing costs. As a buyer, you’ll pay for services related to acquiring the property and as a seller, you’ll incur costs for legal services associated with selling it.
What is the cooling-off period?
The cooling-off period is a designated time frame during which you can reconsider your decision to buy the property. During this period, you have the right to withdraw from a property transaction without facing severe legal consequences. However, if you choose to withdraw, you may incur a penalty. At CBC Lawyers, our conveyancers will guide you through the intricacies of the cooling-off period and your rights to help you make an informed decision.
What are auction contracts and off-the-plan contracts?
Auction contracts and off-the-plan contracts are special types of property contracts with unique terms and conditions. Auction contracts are usually unconditional, meaning you should be committed to the purchase. Conversely, off-the-plan contracts involve buying a property based on plans before the building is even constructed. Our conveyancers at CBC Lawyers can explain the implications of these contracts and how they might affect your transaction.
How are adjustments made to the purchase price?
Adjustments to the purchase price can occur for various reasons. At CBC Lawyers, our conveyancers can handle these adjustments to ensure all financial aspects of the transaction are transparent and fair for both parties involved.
What services do you offer for first-time homebuyers?
First-time homebuyers may find the conveyancing process overwhelming. At CBC Lawyers, we offer tailored advice, including information on the First Home Owner Grant scheme. Our services are designed to make your first home-buying experience a smooth one.
What are easements and covenants, and how do they affect my property?
Easements and covenants are legal conditions attached to the title of a property. An easement might grant someone the right to use a part of your land for a specific purpose, like a utility company laying down cables. Covenants are rules or restrictions on how you can use your property. Our conveyancers at CBC Lawyers will conduct thorough title searches and advise you on any easements or covenants that might impact your property transaction.
What if I want to transfer property ownership to a company?
Our conveyancers can handle more complex conveyancing matters, such as transferring property ownership to a company, trust or superannuation fund for asset protection or taxation benefits. Our team can guide you through the legal requirements and implications of such transactions.