Selling Residential Property

It doesn't matter if you've sold one or many, you'll still need good advice.

Selling a property is a major life decision!  No matter if you are selling your first home, or your umpteenth… if you fail to do your homework or if you receive bad advice, it can result in an unfavourable outcome with significant costs and legal ramifications.

The Process

Once you have made your decision to sell, the conveyancing process will generally go like this:

  1. Appoint a Conveyancing Solicitor to draft your Contract of Sale – Legislation prohibits a vendor or their agent to market a residential property for sale without a complete contract.
  2. Engage a Real Estate Agent – Be sure to choose an Agent with whom you feel comfortable.
  3. Negotiate the Sale – There may be any number of challenges and requests to be negotiated with your potential buyer.
  4. Exchanging of Contracts – Once both parties agree on the contract inclusions, copies are exchanged and signed, and the contract becomes legally binding.
  5. Cooling Off period  This 5 (business) day period commences after the exchange of contracts, and allows the buyer to organise finance and inspection reports.
  6. Settlement period – This period can vary.  During this time we will conduct searches and liaise with all parties and banks to arrange settlement.
  7. Settlement – Or “completion”, is when ownership is officially transferred to the purchaser via the exchanging of cheques and Title documents between the parties and their banks.

Need a Conveyancing Quote for Selling a Property?

Submit a no-obligation, online Conveyancing Quote Request today! One of our qualified property solicitors will create a personalised quotation for you.

Request A Conveyancing Quote

Require Further Information or Advice?

For more information on selling your property or business, you can:

“The Conveyancing Queensland team are experienced in all areas of commercial and residential conveyancing law.  We will take the legal stress out of selling your property by ensuring we fully understand you and your goals; and by delivering reliable, easy-to-understand advice.”

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