Conveyancing

Sometimes, people attempt to handle a conveyancing matter on their own. In many cases, the matter reaches a settlement without any issues.

However, an inexperienced person can easily make an error in the conveyancing process. It could lead to the loss of money, loss of rights, termination of the contract, or even litigation.

Moreover, a significant number of cases in Queensland courts involve troubled conveyancing matters. It happens especially when buyers try to terminate contracts in a falling market to avoid settling on an overpriced property. Another case is when sellers try to terminate contracts in a rising market to sell for a higher price.

A competent conveyancing lawyer can help you avoid these problems. After all, most people wouldn’t try to repair their $50,000 car themselves and risk voiding the warranty. So, why take the risk with your much more valuable property?

Several factors influence the costs of conveyancing—whether the property is residential or commercial, whether you are buying or selling, what searches you conduct, and the requirements of the financiers. As a buyer, you will generally incur professional costs, search fees, transfer duty, and registration fees (see the link above for an estimator). As a seller, you will typically face professional costs and search fees.

Furthermore, certain special conditions or features may lead to higher expenses. For instance, “off-the-plan” contracts usually involve significantly higher fees. This is especially true for high-rise buildings, where numerous documents are involved. Plus, the risk of changes before settlement is greater.

Contracts that depend on the settlement of other contracts can also increase costs. For a complete quote for your conveyance, call our Gold Coast conveyancing lawyers at 07 5574 0623. While we do not aim to be the cheapest, we pride ourselves on offering service that is second to none.