Buying Property FAQs

When Should I Contact a Conveyancer

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Ideally, you should contact a conveyancer before signing a Contract of Sale.

 

A contract becomes legally binding once signed, so obtaining advice beforehand allows the contract and Section 32 Vendor Statement to be reviewed before you commit to the purchase.​

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What is a Section 32 Vendor Statement

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A Section 32 Vendor Statement provides important information about the property to a prospective purchaser before they enter into a Contract of Sale. It may include information relating to title, rates, owners corporation, services and other matters affecting the property.

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Should I Have the Contract of Sale Reviewed Before Signing

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While not every purchaser chooses to do so, obtaining advice before signing allows the contract terms, special conditions and other important information to be reviewed before you become legally bound.

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What Happens After I Sign the Contract of Sale

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Once the Contract of Sale has been signed by all parties, it becomes a legally binding agreement and important timeframes begin. We manage the conveyancing process, including reviewing requirements, attending to documentation, liaising with relevant parties and preparing for settlement.

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What is PEXA

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PEXA is the electronic platform used for property settlements in Victoria.  It allows conveyancers, lawyers, lenders and other parties to complete settlements electronically.

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What Happens on Settlement Day

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Settlement is the final stage of the purchase.  The balance of the purchase funds is paid, ownership is transferred and you become the registered owner of the property.

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