Purchase Scope of Works

Purchase Scope of Works


What we will do for you in purchasing your property

Liaise with you regarding purchase negotiations
Receive and review sales advice from agent
Confirm Sales Advice with you
Receive draft contract for sale
Check contract for compliance with Vendor disclosure warranties
Review and advise on zoning certificate and any restrictions or limitations
Review and advise on drainage and sewage connections to property
Analyse title search and deposited plan
Check for and investigate easements on title
Analyse and advise on the effect of any caveats on title
Advise on any land tax implications
Advise on improvements to land and inclusions/exclusions to the Contract
Analyse and advise on any special conditions
Advise you on contract obligations for purchasing the property
Advise you on searches to be completed on property prior to exchange
Consider with you any investigation of any planned development that could effect the property (e.g. local council, Sydney Water, RTA, etc)
Advise on strata inspection report (if applicable)
Advise on building and pest report (if applicable)
Liaise with Vendors solicitor and negotiate changes to contract
Liaise with broker/mortgagee to ensure financial arrangements confirmed prior to exchange
Conduct local searches and preliminary enquires (if necessary)
Sign section 66W certificate (if applicable) and discuss effect of cooling off periods
Advise you of risk and insurance requirements
Attend to exchanging of contracts (if not at auction)
Order government and local authority searches
Receive and analyse results of property searches
Advise you of results of government searches (if issues arise)
Furnish particulars of title to mortgagee
Arrange for survey (if instructed)
Prepare enquiries (requisitions) on property for Vendors solicitor
Review replies to requisitions to Vendors solicitor and if necessary furnish further requisitions, such as a fence dispute or illegal building work.
Prepare documents to transfer ownership of property
Prepare s 118 notices
Arrange for payment of stamp duty
Organize for documents to be stamped at the Office of State Revenue
Calculate adjustments for council rates and water rates for the property settlement
Oversee changes of title with the Land and Property Information NSW
Complete any final checks and enquires prior to settlement
Receive mortgage documents and forward for signing (if not done by Bank or Broker)
Ensure any mortgage/s listed on title are discharged on settlement
Make arrangements with Vendor and mortgagee to attend settlement
Calculate settlement adjustment figures
Send settlement figures to Vendors solicitor for approval
Prepare cheque directions for you and the mortgagee
Obtain bank cheques and other requirements for settlement
Prepare Notice of Sale and Order on the Agent to release deposit
Conduct final search on property
Liaise with you/the Agent to complete final inspection of property
Arrange for attendance at Settlement for Transfer of property
Advise council on change of ownership
Advise government authorities of sale
Advise strata managers of change to ownership of property
Report to you on conveyance enclosing copies of all relevant documents, including the Contract for tax record keeping purposes

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