Licensed Conveyancers in the NT are professionally qualified to advise clients in the legal matters involved in the buying or selling of property or businesses within NT.
You should speak to your conveyancer as early as possible, ideally before you look for a property or before you decide to put your property on the market.
Never sign anything before consulting your conveyancer. If you are asked to sign a contract, request a copy of the contract first. Your conveyancer can then review the contract with you before you sign. There is no such thing as a standard contract.
Your conveyancer will work with you from the beginning of the transaction and will explain the various processes and stages, including what is required of you by State and Federal law.
Conveyancers will advise on the following:
- Obtaining the information necessary to complete your transaction
- Reviewing the contract for sale or purchase
- Arranging building and pest inspections
- Examining a strata inspection report (if the property is in a strata scheme)
- Exchanging the contract of sale or purchase
- Paying the deposit
- Arranging payment of stamp duties
- Preparing and examining the mortgage agreement
- Checking for outstanding arrears or other obligations
- Ascertaining whether any government authority has a vested interest in the land or if any planned development could affect the property
- Conducting searches to reveal information that may not have been previously disclosed
- Calculating adjustments for council and water rates for the property settlement
- Facilitating the change of title with NT Land Titles Office (LTO)
- Completing any final checks prior to settlement
- Attending settlement
- As the transaction progresses, the conveyancer will advise you on what options you have and inform you so you can make informed choices and proceed through to settlement as easily as possible.