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Your Guide to Selling Property: Conveyancing Services in Townsville
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The process of selling a residential house in Townsville is more complex than you may think.
While most people associate this service with buyers, if you are selling a house, conveyancing is a must. You may not realise that you have specific legal obligations as a seller, imposed by the REIQ (Real Estate Institute Queensland) contract, which you have to undertake between contract execution and completion.
If these obligations are not strictly adhered to, your buyer may be able to terminate the contract and keep their deposit. This not only leaves you without a buyer, but in some cases, you might be forced to accept a lower sale price for your property in a subsequent contract — making conveyancing when selling a house in Townsville a non-negotiable.
We have seen sellers lose tens of thousands of dollars in otherwise preventable circumstances, simply because they failed to consult with a conveyancing solicitor to properly understand their contractual obligations. Our team can happily walk you through the conveyancing steps when selling a house in Townsville to ensure you achieve a compliant and satisfactory result.
Need a conveyancer for selling a house? Choose Townsville Conveyancing Centre.
Don’t come to us after the damage is done. Over 30 years, our team has acted for sellers in excess of 14,000 residential home sales in and around the Townsville area. With this experience, you can be sure that we have your house covered.
Frequently Asked Questions
Do I need to engage with a conveyancer for selling my property in Townsville?
Yes, engaging a conveyancer for selling your property is highly recommended. They manage the entire transaction process, such as handling legal documents, ensuring compliance with regulations and managing the transfer of ownership, reducing the risk of errors. A conveyancer for selling also provides expertise in negotiations and liaises with buyers, real estate agents and legal representatives to ensure a smooth transaction.
What are the steps involved in selling a property in Townsville?
The house-selling conveyancing process involves several key steps. The first is to prepare the property for viewing before hiring a real estate agent. Once you receive and accept an offer, a professional conveyancer can prepare a contract of sale and manage the transaction.
At what stage do I need a conveyancer?
You will need a conveyancer or solicitor when selling a house once you reach the negotiating stage of the sale. They will take care of the legalities, from preparing and reviewing the contract of sale to liaising with other parties on your behalf about the terms of the sale and facilitating the transfer of ownership to the new owners.
How much does conveyancing cost for selling a house?
The cost of a conveyancer to sell a house will depend on various factors, such as the complexity of the contract of sale, the type of property for sale, its value and location. Townsville Conveyancing Centre offers fixed fees with no hidden costs. To find out how much you could be looking at paying, call us at 07 4752 0280 for a free consultation.
What documents do I need to provide for the sale of my property?
When selling your property, you’ll need to provide a contract of sale, a property title deed, any existing building and pest inspection reports, recent council rates notices and any relevant warranties or service records.
What disclosures are required when selling a property?
When selling a property, you must disclose any known issues, such as structural defects, pest infestations or legal disputes. You should also provide details about property boundaries, zoning laws and any alterations made to the property.
What happens if I change my mind about selling after the contract is signed?
You may face severe legal consequences if you change your mind about your property sale. Once contracts have been signed, you are bound to accept the agreement. In these circumstances, you may be required to pay damages to the buyer.
What should I look for when choosing a conveyancer?
As conveyancing for selling can be a tricky process, borrowers must have the guidance of a seasoned professional. When choosing a conveyancer, look for experience, reputation and a clear fee structure with the appropriate accreditations.
How will I be kept informed throughout the selling process?
Townsville Conveyancing Centre maintains ongoing communication with clients through their preferred communication method, whether via email or over the phone. If you have any questions about your transaction, our team is readily available to assist.
What type of properties do you have experience in?
The Townsville Conveyancing Centre conveyancing team has expertise in the conveyancing selling process for residential properties. Since we opened our doors 30 years ago, we have been involved in 14,000 residential home sales in and around the Townsville area.
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