| 3. Lead Up to Settlement |
- We order and obtain remaining searches and check all Searches
- Liaise with financier to ensure they are prepared for settlement
- Prepare settlement figures
- If purchasing house or unit to live in... that you sign and have witnessed Form 2.1 (Stamp Duty Declaration) for the Office of State Revenue ASAP
- Book settlement with your financier and seller's solicitor
- Advise financier of cheque details for settlement
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- Receive correspondence from us and complete and sign Information Statement and Form 2.1 (Stamp Duty Declaration) and return to Conveyancing Works with a cheque for the cost of Searches
- Chase up financier to ensure they are ready for settlement and have no outstanding items (ie. Fire Insurance)
- Forward balance of settlement monies to be
paid to seller, stamp duty and our fees by way
of bank cheques as directed by Conveyancing Works
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| 4. Just Prior to Settlement |
- Advise you of cheque details required for the settlement as soon as possible. Cheque details are dependant on all parties involved
- This could be as late as the day of settlement depending on when information is available.
|
- After we advise you of the cheque details, you arrange Bank Cheques for settlement, stamp duty and our fees and provide these to us
- This could be as late as the day of settlement depending on when information is available.
|
| 5. Settlement |
- Stamp transfer document
- Attend settlement
- Send final letters to confirm details of settlement (to you and agent*)
- Contact you and agent to confirm settlement.
- Pay Office of State Revenue (stamp duty).
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Receive final letter and Tax Invoice from Conveyancing Works after settlement |
| 6. Post Settlement |
- For cash purchases, lodge Transfer at Dept of Natural Resources
- Send final letter to you with details of settlement figures and tax invoice for our account
|
- ENJOY YOUR PURCHASE
- Recommend CW to anyone else who would benefit from the Conveyancing Works experience!
|
| Conveyancing Works Solicitors |
You |
| 1. Receipt of Contract |
- We receipt and allocate your contract and contact you to discuss what to do next.
- We prepare and forward you a comprehensive letter with documents for your perusal and signing.
- We order Title Search.
- Notify buyer's solicitor that we are acting for you.
- We receive transfer documents from the seller's solicitors.
|
- Contact your mortgagee to advise you are selling your property*.
- Cooperate with the buyer to allow Building & Pest Inspections*.
|
| 2. Going Unconditional |
- We receive notifation from buyer's solicitor that all conditions.
- Notify Agent
- Forward Land Registry Transfer documents to you for signing.
- After conditions are met, your contract is now unconditional
|
- Ensure that your mortgagee has commenced preparations required for settlement.
|
| 3. Lead Up to Settlement |
- Liaise with your mortgagee to ensure they are prepared for settlement
- Prepare settlement figures
- Book settlement with your mortgagee and buyer's solicitor
- Advise buyer of cheque details for settlement
|
- Receive correspondence from us and complete and sign Information Statement and return to Conveyancing
Works with a cheque for the cost of the title searche
- Chase up mortgagee to ensure they are ready for settlement and that you will receive sufficient funds to
discharge the mortgage*
- Confirm details of how you would like the settlement monies remaining after paying out your mortgage to be
paid to you.
- Sign Land Registry Transfer documents (witnesed by a Justice of the Peace) and return to us promptly.
|
| 4. Just Prior to Settlement |
- Examine the Land Registry Transfer documents to ensure it has been correctly completed and signed and witnessed.
- Contact your mortgagee to obtain the payout amount for your mortgage*
- This could be as late as the day of settlement depending on when information is available.
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- Finalise your arrangements to ensure that you will have vacated the property and taken all of your possessions by
the time of settlement.
- Make arrangements with the real estate agent for keys to be made available to the buyer following settlement.
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| 5. Settlement |
- Attend settlement
- Contact you and agent to confirm settlement.
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Receive final letter and Tax Invoice from Conveyancing Works after settlement |
| 6. Post Settlement |
- Send final letters to confirm details of settlement (to you and agent*)
|
- Recommend CW to anyone else who would benefit from the Conveyancing Works experience!
|
