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Murray Dribbus Lawyers

Conveyancing & property

Conveyancing & property lawyers in Wollongong

Are you looking for a conveyancer? Our conveyancing lawyers can help with every part of buying, selling, transferring or refinancing property in Wollongong, the Illawarra, Sydney and throughout NSW.

Property buyers discussing a purchase with an adviser over a laptop

Murray Dribbus Lawyers handles conveyancing for people buying, selling, transferring or refinancing property in Wollongong, the Illawarra, Sydney and throughout NSW. We prepare and review contracts, carry out searches, protect your legal rights and coordinate the whole process through to settlement, dealing directly with you at every step.

A premium service at an affordable price

Buying or selling property can be stressful, so it helps to know you’re in good hands. Our lawyers have extensive experience in conveyancing and property law. We’ll deal directly with you at every step, so you can be confident your transaction will run as smoothly as possible.

We help people buy and sell with ease

Most people don’t buy or sell property every day, so the process can feel unfamiliar and complicated. We do it every day. We protect your legal rights, prepare all the necessary documents and coordinate the whole process for you. Here’s what’s generally involved.

Buying a property

  1. Before you buy: we review the contract with you, carry out investigations, help you think about how you’ll buy (the purchasing structure), and you arrange your finance.
  2. Exchange of contracts: contracts are exchanged, a settlement date is set, and a deposit is usually paid.
  3. Between exchange and settlement: further investigations and searches are completed, stamp duty is paid, your finance is finalised and a final inspection is carried out.
  4. Settlement day: the purchase is completed, settlement funds go to the seller, and the property is yours.

Selling a property

  1. Before you list: a contract for sale must be prepared before your property goes on the market.
  2. Preparing the contract: the contract must include certain information and attachments, and it can include special conditions to suit your sale.
  3. Exchange of contracts: once you find a buyer, contracts are exchanged, a settlement date is set and a deposit is usually paid.
  4. Preparing to settle: we complete the settlement preparations, including discharging any mortgage over the property and working out payout figures.
  5. Settlement day: the sale is completed, and the settlement funds are paid out as you direct.

Conveyancing beyond the basics

Property matters can be routine or complex. Our lawyers have extensive experience and can handle the more complicated issues if they come up, including:

Buying through a self-managed super fund?

Murray has extensive experience with property purchases by self-managed super funds. Talk to us early so the purchase is set up correctly.

“We have bought and sold several properties and engaged Murray Dribbus Lawyers on every occasion. Murray and his team are professional and always ensure our calls and emails are answered in a very timely manner. We recently had a very time sensitive, sale and simultaneous purchase, which Murray and his team handled with extreme efficiency…”
Kerrie Meehan and Craig Turner

Buying or selling? Call 02 4229 5822 to get started.

FAQs

Conveyancing questions, answered

A conveyancing lawyer handles the legal side of buying or selling property. That generally includes preparing or reviewing the contract for sale, carrying out searches and enquiries, explaining your rights and obligations, working with your lender and the other party’s representative, calculating settlement adjustments and arranging settlement. Most NSW settlements now take place electronically.

Generally, yes. For most residential property purchases in NSW (other than at auction) there is a five business day cooling-off period after exchange of contracts. If the buyer withdraws during that time, they usually forfeit 0.25% of the purchase price. There is no cooling-off period if you buy at auction, and it can be shortened or waived with a certificate from your lawyer, so get advice before you sign.

Before you sign anything or exchange contracts, and ideally before you bid at an auction. That gives us time to review the contract and searches, raise any concerns and talk you through special conditions while you can still negotiate.

In NSW, a contract for sale must be prepared before a residential property is marketed. The contract must include certain prescribed documents, such as a title search and planning certificate, and it can include special conditions to suit your sale. We can prepare the contract so it’s ready for your agent.

The settlement period is set out in the contract and can be negotiated between buyer and seller. In NSW the standard contract commonly provides for settlement six weeks (42 days) after exchange, but shorter or longer periods are often agreed.

Transfer duty (stamp duty) is a NSW government tax on most property purchases, paid to Revenue NSW. It is generally payable within three months of exchange, and in practice it is often paid at or before settlement. Concessions may be available in some cases, such as for eligible first home buyers, so ask us early in the process.

This is general information only, not legal advice for your situation. Please contact us to talk about your matter.