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The sale process

Inner city living.

Since property law varies from country to country, it is often advisable for migrants to use an experienced property lawyer. This is not a legal requirement but lawyers can protect your interests and guide you through the sale process. Their services generally include:

 

 

  • helping you negotiate the purchase and the price with the current owners
  • a 'title search' (to make sure there are no legal problems with the property)
  • checking the contract
  • advising you of any tax factors that may affect you
  • drawing up the documents to transfer ownership
  • arranging the settlement
  • letting you know your rights.

These services can also be provided by real estate agencies and conveyancers specialising in private sales.

  • Making an offer

    When you find the house you want, you will need to make a formal offer in writing (your real estate agent, licensed conveyancer or lawyer will have a standard form). It is usual to have your lawyer or conveyancer look over the offer before it is presented to the agent or the seller.

  • Building inspection reports

  • Land Information Memoranda

    Land Information Memoranda are provided by local councils. Listings appear in the telephone book under 'Local Government Services' .

  • Insurance

    Make sure your house insurance starts on the day you take possession of the house. In some house auctions, insurance risks pass to the purchaser immediately upon purchase.



Page Last Updated: 08 Nov 2006