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Conveyancing and Estate Planning – Shore Legal

Conveyancing and Estate Planning

Unlike other mortgage brokerage firms and financial planners, Shore Financial house a law firm on site, so you can enjoy a seamless journey and access a full service conveyancing and estate planning team there when you need them. And because Shore Legal is on-the-ground with your mortgage brokers and financial planners, we have an extensive understanding of your objectives.

Additionally, you will be able minimise the number of external meetings and paperwork required in one transaction.

In addition to acting on buy-side conveyancing, Shore Legal can assist in preparing contracts for the sale of properties (both commercial and residential), provide advice on leasing, and assist with your estate planning and asset protection strategies.

It’s our absolute passion to ensure your decision making is careful and strategic, and we know that helping you make those considered decisions will deliver you the very best outcome.

Legal Advice

Do I need legal advice when purchasing a property?

Conveyancing and estate planning advice from a qualified professional should be considered an essential part of the property purchase process.

Conveyancing advice ensures your property purchase transacts smoothly.

A property transaction can be one of the most significant trades in your life – you need expert legal advice to protect your position. Estate planning advice helps to protect your property assets into the future.

Purchasing a Property

Purchasing a property?

of these alterations include late settlement fees and interest, non-standard rights of rescission for the vendor (i.e. ‘walk-away’ rights) and terms which permit early releases of your deposit. The risks that these clauses introduce need to be explained to you and, if possible, they need to be negotiated away or moderated.

Solicitors also need to explain to you any details that are specific to the property that you purchasing.

This can include any easements or rights of way that attach to the land, any peculiar aspects of council zoning or any other encumbrances which relate to the land. If the land is strata title, solicitors can assist in reviewing a strata report in order to explain the financial liabilities that the purchaser might be expected to take on.

Once contracts have been ‘exchanged’ i.e. signed by both vendor and purchaser and the cooling off period (if applicable) has expired, your solicitor will liaise with your broker to ensure that your bank’s lending requirements are met and the funds are available for distribution at settlement.

Your solicitor will explain to you the customary adjustments that are made to the purchase price at settlement to take into account prepayments of council (and strata, if applicable) rates, water and sewerage rates and rent (if applicable). Most importantly, your solicitor will attend to important task of ensuring legal title from the vendor is conveyed to you i.e. that you become the registered legal owner of the property.

What is the difference between a conveyancer and a solicitor?

Solicitor or Conveyancer

A licensed conveyancer can attend to matters concerning the conveyance of legal title from the vendor to the purchaser. A solicitor can also advise on a broader set of legal matters, including disputes and litigation regarding the contract, asset protection strategies for your property holdings as well as your estate planning.

Many solicitors regard themselves as expert negotiators who by virtue of their broader experience in commercial transactions may be negotiate better terms in a contract for sale for you than a conveyancer could.

Need conveyancing or estate planning? Contact the team at Shore Legal, on-the-ground with Shore Financial today.

Get in touch with Shore Financial today and maximise your opportunity through property!