Queensland Vendor Finance Lawyer

When purchasing your property it is important that searches are carried out to check that the seller has met their disclosure obligations, that warranties in the contract are correct, and to obtain the information required to assist in your conveyance. It is important to ensure that all searches relevant to the purchase have been considered and that the appropriate searches are conducted at the correct stage of the conveyancing transaction. Ideally, you should consider conducting searches in advance of signing your purchase contract or prior to the contract becoming unconditional to ensure the best understanding of the property you are signing up to purchase before being ‘locked in’ to settle. Certain searches should be conducted at the start of your  conveyance  and others will be conducted over the course and at the end of the conveyance. Although it is ultimately your decision as to when to conduct the searches, we recommend you have us carry out searches as soon as possibl...

  What is Electronic Conveyancing (E-Conveyancing)? Electronic Conveyancing (E-conveyancing) allows for an “electronic” settlement of a conveyancing transaction through an online exchange known as  PEXA .  The system will operate across Australia and is supported by legislation in Queensland. The system does not cover all aspects of the conveyancing process but does allow for the preparation and signing of documents and their lodgement in the Land Titles Office as well as the completion of financial transactions involved in a conveyance (such as settlement money transfer and transfer duty payment) to occur electronically.  Traditionally, each of these steps is handled by a paper process where printed documents would be signed by parties, and documents and cheques for settlement funds are physically exchanged at settlement. The main advantage of an electronic settlement process is efficiency.  Not only does the process make it unnecessary to attend a physica...