Buying or selling a home is one of the biggest financial transactions you will make and can be an exciting but daunting experience. At MCL Conveyancing we make the complex conveyancing process simple! Our dedicated conveyancing law team will ensure you are kept fully informed of progress at all times and will guide and support you from the beginning to the end of the transaction.
What is Conveyancing?
Conveyancing is a legal process where a property is purchased, sold or transferred from one party to another party.
Conveyancing Law: Do You Need a Contract?
Once you have decided to purchase or sell a property a contract is required. Not only is a contract necessary, but it will also ensure that the transaction or transfer between the parties is as quick and easy as possible.
The contract will include not only the legal terms and conditions of sale but will also specify what items are included or excluded from the sale, settlement period and special conditions where necessary. There are a lot of ways that a contract can be varied, so it’s important to discuss your situation in detail with your conveyancing law specialist.
We offer pre-contractual advice as well as the drafting of special conditions to address your concerns and protect your interests.
The Importance of a Deposit
Once the contract has been signed and is legally binding, then a deposit is paid by the purchaser and is usually held in the trust account of the selling agent. A deposit can be any amount, however, a good rule to go by is 5-10% of the purchase price.
How Do You Avoid Risks?
This is where a professional firm, such as MCL Conveyancing, can save you thousands and give you peace of mind. We know the risks and pitfalls to avoid when buying and selling and we can pass this knowledge onto you.
Our Guarantee to You
Our guarantee is to settle on time, every time, or our service is free.* At MCL Conveyancing, we guarantee that if your property doesn’t settle on time and the delay is solely our fault, we will refund our professional fee. No other firm in Queensland provides such a guarantee.
