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Frequently Asked Questions
Property conveyance refers to the legal process of transferring ownership of a property from one party to another. It involves various tasks such as conducting property searches, preparing legal documents, and facilitating the settlement process.
The cost of conveyancing services can vary depending on factors such as the complexity of the transaction, the value of the property, and the specific services required. At Cockburn Conveyancing, we provide transparent pricing, and our professional team will provide you with a detailed quote based on your unique requirements.
Yes, in addition to residential conveyancing, Cockburn Conveyancing offers comprehensive commercial conveyancing services. Our experienced team can assist you with the legal aspects of buying or selling commercial properties, ensuring a smooth transaction.
Stamp duty is usually paid by the buyer of a property and is a government tax based on the purchase price. The payment is typically made prior to settlement, and our conveyancing experts will guide you through the process, including calculating the amount and ensuring timely payment.
The duration of the conveyancing process can vary depending on factors such as the complexity of the transaction and the responsiveness of all parties involved. Generally, it takes between 6 to 8 weeks to complete a typical residential conveyancing transaction. However, our team at Cockburn Conveyancing is dedicated to working efficiently to minimise delays and keep you informed throughout the process.
The deposit amount is typically negotiated between the buyer and the seller and is usually a percentage of the purchase price. The common range for deposits is 5% to 10% of the property’s value. Our conveyancing professionals can provide guidance on the appropriate deposit amount based on your specific circumstances.
When waiting for finance approval to purchase a property, the settlement date is usually determined by mutual agreement between the buyer and the seller. It is important to consider the timeframe required for finance approval and other factors that may affect the settlement process. Our team will assist you in coordinating the settlement date based on your circumstances and keep you informed throughout the process.
The decision regarding the names in which you should purchase the property depends on various factors such as your personal circumstances, financial considerations, and legal implications. It is advisable to seek legal advice or consult with our experienced conveyancers who can provide guidance tailored to your specific situation and help you make an informed decision.