Carneys Lawyers
  • About
  • Services
    • Commercial Litigation and Dispute Resolution
    • Conveyancing, Property and Development
      • Strata Services
    • Corporate and Commercial Law
    • Corporate Legal Counsel Services
    • Employment and Workplace Relations
    • Liquor Licencing
    • Wills, Succession And Estates
  • Lawyers
    • Arthur Carney
    • Wallace Meakes
    • Stephen Titus
    • Henry Wrench
    • Nathan Wrench
    • Peter Thiel
  • Insights
    • Bankruptcy, Insolvency and Debt Recovery – Insights
    • Conveyancing, Property and Development – Insights
      • Advice For Purchasers Of Strata Property
      • Buying Property in NSW
      • Selling Property in NSW
      • Stamp Duty – What is it?
      • Conveyancing – Risks and potential complications
      • Leases in NSW
    • Dispute Resolution and Litigation – Insights
    • Legal Opinion Articles
    • Wills, Succession and Estates – Insights
  • Contact

Conveyancing – Risks and potential complications

Contact our Conveyancing, Property and Development Specialists for advice.

Conveyancing – Risks and potential complications

A conveyance involves the transfer of property from one owner to another.

A solicitor with expertise in conveyancing will ensure that a sale or purchase of a property does not spiral out of control.

The following issues can hinder the progression of a conveyancing matter: –

Delayed settlement

This predicament can be caused by the following factors: –

  • Bank issues, i.e., problems with discharging mortgage. If important documents like the Certificate of Title have not yet been provided to the correct banking department, or there are some errors in other documentation.
  • Purchaser issues such difficulty obtaining finance and disputes arising from faults in the property identified after exchange.

Engaging a solicitor prior to the purchase or sale of land means that delays can be mitigated. If the settlement does not occur on the stipulated settlement date, for reason of the purchaser’s delay, the vendor’s solicitor can serve a notice to complete. A notice to complete allows 14 days from the date of service of the notice for the purchaser to complete. If the purchaser does not effect completion within 14 days, the vendor my validly rescind the contract and retain the deposit paid by the purchaser.

Defects 

It is incredibly difficult to renege on a signed contract. As such, it is imperative that you are certain of a purchase or sale before you begin your conveyancing journey.

We provide:

  • review of contract services for prospective purchasers; and
  • generate contracts for vendors.

Disagreement between parties

A solicitor will act on your behalf in any and all negotiations with the other party. They will ensure that any potential conflict has minimal impact on your conveyancing matter. Solicitors engage in clear, direct correspondence with the other party to clarify that all clauses in the contract are unambiguous and in the best interests of you, the client.

Risks of conveyancing without legal representation

Inadvertent breach of contract

Without legal counsel, there is a higher chance that you will breach an aspect of your contract, leading you to face fines and future complications.

Prioritising costs may waste time

The major reason individuals choose to proceed into conveyancing matters without legal representation is typically due to concern over high legal fees. What this rationale fails to consider is the major time reduction legal help can lend through efficiency and experience as well as fluency in contracts and other legal documents. Soliciting legal help will minimise stress and expedite this rewarding process.

Benefits of conveyancing with legal representation

We ensure:

  • Contracts are meticulously drafted and in accordance with legislation
  • All inspections are performed accurately and on time
  • All issues are dealt with and neutralised as they arise
  • We understand all minutiae of the matter at hand so that we can best attend to your needs
  • Proper change of title after settlement
  • Maximum reward for minimised risk

Lawyers

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Wallace Meakes

Partner

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Accredited Specialist
Accredited Specialist In Property Law.

Lawyers

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Nathan Wrench

Solicitor

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Areas of Expertise

  • Conveyancing (acting for first home buyers to publicly listed companies)
  • Commercial & Development
  • Acquisition & Sales
  • Advisory (Taxation, Ownership, Finance)
  • Environmental & Zoning Issues
  • Foreign Investment
  • Hotels
  • Leasing (Commercial & Retail)
  • Mortgages & Securities (Incl Enforcement)
  • Property Development
  • Property Litigation
  • Retirement Villages
  • Strata (Management, Disputes, Owners Corporation issues)
  • Self Managed Super Fund (SMSF) Investments
  • Subdivisions

Services

Corporate Legal Counsel Services

Commercial Litigation and Dispute Resolution

law Courts

Corporate and Commercial Law

Corporate op ref

Employment and Workplace Relations

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Conveyancing, Property and Development

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Wills, Succession and Estates

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Liquor Licencing

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Our Services:

  • Commercial Litigation and Dispute Resolution
  • Corporate and Commercial Law
  • Conveyancing, Property and Development
  • Wills, Succession And Estates
  • Employment and Workplace Relations
  • Liquor Licencing
  • Corporate Legal Counsel Services

Contact Us:

Address: 2/99 Elizabeth Street, Sydney NSW 2000
Contact: Phone: (+61 2) 8226 5555
Fax: (+61 2) 8226 5556
Email: reception@carneys.com.au

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Nathan Wrench Wills, Succession and Estates – Insights
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