Buying or selling your home or commercial property is one of the largest transactions you will undertake. To ensure the settlement process goes smoothly, it is important to choose the right conveyancer within Adelaide.
Scammell & Co. offer a highly qualified and experienced team of professional conveyancers whose primary focus is to take the stress and worry out of transferring property ownership. As a general law practice Scammell & Co. also have solicitors specialising in property law who can advise on any legal matters if required.
Our conveyancing fees are very competitive with a standard fixed-fee for residential properties which includes attendance at the Land Titles Office and Verification of Identity appointments.
Scammell & Co. have 6 offices located throughout South Australia including Adelaide CBD, Port Adelaide, Walkerville, Gawler, Renmark and Tanunda. Call or email us today to speak with a lawyer about your matter, or to book an appointment at an office convenient to you.
Click on the questions below to reveal the answer:
What is conveyancing?
What does a conveyancer do?
When do I need a conveyancer?
Who do I need to notify of my conveyancer?
You will also need to inform your lender/mortgage broker as they will be liaising with your conveyancer in the lead-up to and at settlement.
What are searches?
Searches detail all information in relation to the land that the purchaser needs to know about — including whether or not it is heritage listed, if there are Environmental Protection Authority orders, a highway acquisition order or any council approvals on the land.
Searches also include any court orders or charges over the land that would need to be discharged before the land can change hands. Searches also disclose local council rates and taxes so the purchaser is aware of all ongoing fees associated with the land once they take ownership.
Do I need searches when purchasing a property?
What is VOI?
What happens if my loan is not ready at settlement?
If you fail to meet this date the vendor is within their rights to charge default interest – from the proposed date of settlement to when it actually settles.
It is important to seek advice from your mortgage broker or lender before you sign a contract. They will advise you of the time needed to secure finance approval. If extra time is required it can be factored into the contract (finance clause). If after signing a contract extra time is required, you will need to approach the real estate agent to request an extension (known as an addendum) to the date of finance or settlement. The addendum will need to be signed by all interested parties.
Do I need to pay stamp duty and when is it payable?
What is Electronic Conveyancing?
* Conditions apply.
Do I need to attend settlement?
When do I get the keys to my house?
What is the difference between property ownership as joint tenants versus tenants-in-common
You cannot, in your Will, leave your share of the property to anyone else.
If you and your spouse/partner have purchased a property as tenants-in-common then your share in the property is held separately and, after your death, your specific share forms part of your estate and is distributed in accordance with your Will. If you do not leave a Will then your estate, including your share in the property, is distributed in accordance with the laws of intestacy.
What is my right to cool off?
I have purchased a house prior to auction and the selling agent has asked me to waive my cooling-off rights. What should I do?
I have sold my house and it looks like the purchaser will not be able to settle on the agreed settlement date. What should I do?
I have recently separated from my spouse and we have agreed that ownership of the matrimonial home will be transferred to me. What should be my next step?
Separated parties are often not fully aware of their rights and entitlements following a separation. They should therefore seek advice and formalise in writing any agreement reached for the division of assets.
Formal property settlement agreements can also avoid payment of stamp duty on your spouse’s share of the house, saving thousands of dollars. Scammell & Co. have family law solicitors who can help you.
What is a Section 7 Statement?
What is a Special Condition?
What is the insurance risk on sale of a property?
What are Stamp Duty and registration fees?
- Stamp duty.
- Registration fees.
Both are charged on sliding scales which increase according to the value of the property. These payments are normally made by the Purchaser (but the government reserves the right to collect from both Vendor and Purchaser). As a rough guide you should allow 5% of the purchase price for these fees.
Does Goods and Service Tax (GST) apply?
Scammell & Co.’s solicitors can advise you whether GST applies to your transfer. It is usually 10% of the purchase price.