Transfer Of Ownership – The Importance Of Conveyancers

When: Wed 23 Nov 2016
Transfer Of Ownership – The Importance Of Conveyancers

 

To the inexperienced, Contracts of Sale can appear daunting. Unregistered land within large residential communities such as Warralily are as big as school textbooks… but they aren’t as scary as they look.
Think of a conveyancer as a competent school tutor or someone you pay to do your homework for you. Feel better now, don’t you! Well, you should feel comfortable, because conveyancer’s thrive on doing other people’s homework.
 
Essentially, a contract is made up of two parts, the Contract of Sale and the Vendor Statement, sometimes known as the Section 32. The Contract of Sale details the terms of sale, your personal details, the Vendor’s details, their Conveyancer (and yours) and any special conditions you might wish to include (eg: subject to finance). Your Conveyancer will cross-check everything to make certain that everything is correct and that you have a clear understanding of the terms of sale.
The Vendor Statement is made up of engineering plans, plans of subdivision, rates notices, design guidelines… all manner of things really and to most of us, it’s all gobbledegook. Rest assured that your conveyancer is quite at ease with all of these things & will explain each of them in laymen’s terms to you.
Most importantly, it is your conveyancer who will transfer ownership to you at settlement, so choose your representative carefully. When buying within a new Land Estate for example, it is often best to engage a professional with extensive experience in that area as they often have a better grasp of what is going on and a better relationship with the seller.

Other Recent Blog Posts

At Kat B’s Jungle Body classes, the lights go down, the music turns up and the half court at Armstrong Creek School is transformed into a dance floor with disco lights! Under the cover of the flashing lights and high energy moves “it really feels like I can dance out the stress of the day like no-one’s watching” said a regular participant.
As the weather heats up we will be spending more time outdoors enjoying family bike rides or hand-in-hand walks on the shared pathways along the creek. Listen out for the frogs along the way and follow the flitting of the native bird life, we are truly lucky to have this remarkable environment on our doorstep.
“Drop the ego, just get on the mat and that’s all you have to do.”
 
These are the words of Fran Forde who has recently commenced her refreshingly real Yin Yoga classes at the Warralily Community House.
With mounting bodies of evidence that outdoor activities such as exploring natural environments, are beneficial to children and contribute to improving children’s health and wellbeing, it’s no wonder Bush Kinder is becoming the classroom of the future!              

Wondering why all the Warralily parks are empty on Saturday mornings?

Everyone’s at Auskick!