by aslaumbe | Oct 5, 2023 | Articles, Conveyancing Articles
For those buying a new property, a purchaser normally conducts a final inspection of the property either on the morning of the settlement or the afternoon before. The purpose of the inspection is to ensure the property is in the same condition as when the Contract was...
by aslaumbe | Apr 4, 2023 | Articles, Conveyancing Articles
You have just endured a lively bidding war for that perfect property and had your final bid accepted by the auctioneer. The property is yours! But there are still some important formalities to go through. Both the vendor and you have to sign a counterpart of the...
by aslaumbe | Dec 22, 2022 | Articles, Conveyancing Articles, Litigation Articles
Often, I am contacted by one spouse about a property transaction such as the purchase or sale of a family home. Sometimes, that spouse is surprised when I say that I have to speak to the other spouse to confirm the instructions to buy or sell. That caution is...
by aslaumbe | Nov 3, 2022 | Articles, Conveyancing Articles
Normally, when two parties agree on a price for one to sell their real estate property to the the other, in NSW they enter into a Contract published by the Law Society of NSW and the Real Estate Institute and prepared by a solicitor or a conveyancer. It sets...
by aslaumbe | Sep 29, 2022 | Articles, Conveyancing Articles
There are two ways for a property to be sold; either by private treaty or by public auction. In the case of private treaty, a property is advertised by an agent with a set price or price range. Buyers can negotiate the price and, once an offer is accepted by the...
by aslaumbe | Jul 22, 2022 | Articles, Commercial Agreement & Dispute Articles, Conveyancing Articles
Tricky situations can arise when a solicitor is asked to act for more than one party to a transaction. It is a breach of a solicitor’s fiduciary duty to act where the solicitor is in a position of conflict between the duty owed to one client and the duty owed to...
