Selling a Property with GJ Conveyancing

Selling a property can be a complex and sometimes stressful experience. However, having a trusted conveyancer to manage the details from start to finish helps ensure a smooth, straightforward transaction. With extensive experience in property conveyancing, GJ Conveyancing provides comprehensive support tailored to each client’s unique needs, allowing you to focus on your next move with confidence.

Here’s a breakdown of the selling process:

Step 1: Preparation of the Marketing Contract
Before your property is listed, I prepare the marketing contract, an essential document that allows potential buyers to review terms and conditions. A copy of this contract is also sent to your real estate agent, ensuring you’re fully compliant with legal requirements.

Step 2: Contact GJ Conveyancing
After receiving an offer, your real estate agent provides a sales advice document that includes the selling price and the buyer’s conveyancing details. At this stage, I work closely with you to finalise the contract terms, preparing it for your signature and creating a copy for the buyer’s conveyancer.

Step 3: Exchange of Contracts
Once the buyer’s conveyancer returns the signed documents and the deposit is paid, we proceed with the formal exchange of contracts. This step commits both parties to the agreement and confirms the settlement date. The deposit is held in a trust account until the transaction is finalised.

Step 4: Requisitions, Discharge of Mortgage, and Transfer
Following the contract exchange, I respond to any requisitions from the buyer and coordinate with your bank to discharge any mortgage on the property. This step ensures that all legal requirements for a smooth transfer are in place.

Step 5: Settlement Figures
I will review the settlement figures, accounting for any adjustments, such as council rates. After coordinating with the buyer’s conveyancer and your bank, we arrange for the necessary documents to be signed and witnessed. Typically, settlement takes four to six weeks, during which the real estate agent’s commission is deducted from the deposit.

Step 6: Settlement
On the agreed settlement date, I attend to final details. Once the transaction is complete, the buyer’s conveyancer authorises the release of the deposit, the real estate agent’s commission, and the property keys (if applicable). I also issue settlement correspondence, marking the completion of the sale.

With GJ Conveyancing managing your sale, you can be confident that each detail is handled professionally and efficiently. If you’re ready to sell or have questions about the process, contact me today to get started.