When you purchase a property in Queensland your solicitor is required to carry out a number of searches on the property as part of the conveyancing process in order to prepare for settlement and to ensure that the property you are purchasing is free of encumbrances and defects and is as described on the contract of sale.

If you’re looking at purchasing a property in Queensland it’s important that you’re aware that the price of the property you are purchasing is not the final price that you will end up paying, as there are other costs and fees that must be added in order for settlement to occur.

The conveyancing process in Queensland varies significantly depending on whether you are buying or selling a property. The sale process is much simpler than the purchase process, which is why your conveyancing solicitor charges much less, however there are still important steps to follow and complete as part of the sale process.

If you are looking to purchase a property on the Gold Coast, or in Brisbane, the first thing you will do after finding a property you’d like to purchase is to make an offer to the seller. In Queensland this is done by way of signing a contract of sale containing your offer and providing this to the seller for their consideration. The real estate agent will in most cases act as the intermediary in this process, delivering your offer to the seller.

As part of the conveyancing process your solicitor will calculate a settlement amount, which is the amount the buyer must pay for the property at settlement, taking into account adjustments for things such as, rates, water charges and body corporate fees. Your solicitor will provide you with a settlement statement prior to settlement that details how the settlement amount has been calculated.

As a specialist property law and conveyancing law firm we deal with a lot of buyers, some who are experienced investors, whilst many are new to the property market and very unsure about the process. Our job is to make the buying process as easy as possible for you, so we thought we’d put together a few tips on making an offer on a property.

Good public transport can improve the livability of an area, and indirectly increase property prices by increasing the demand there is to live there. It’s essential infrastructure in any metropolitan area.