CONVEYANCING LAWYER SYDNEY
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Conveyancing Lawyer Sydney
Our conveyancing lawyers help people buy, sell and lease everyday of the week. We take a simple fixed fee approach to your conveyancing fees that has all the inclusions you need for a stress-free property transaction. You will receive indepth property law advice, a responsive 5 star service, regular updates, and an experienced property lawyer assisting you with your transaction.
Sydney Conveyancing Services
The term conveyancing services is so broad as it covers a variety of transactions and transaction types. This includes:
- Sale of residential property
- Purchase of residential property
- Sale of commercial property
- Purchase of commercial property
- Commercial Lease
- Retail Lease
- Sale of Business
- Purchase of Business
- Title transfers / transferring property
- Mortgage registering
- Property transaction and property settlement
Our Sydney conveyancing services are provided on a fixed fee basis. This means that your conveyancing lawyer will advise at the start of your matter, of their fees for all the work involved in the conveyance, from preparing or reviewing the contract of sale, lease agreement etc, through to the settlement process.
Sale or purchase of property
Depending on whether you are the vendor (selling) or the purchaser (buying), you would be after a different legal service.
In the case of a vendor, you should engage a solicitor once your real estate agent advertises your property on the property market.
Your conveyancing lawyer will prepare a contract of sale which sets out the terms of the transaction. Once the contract is signed and exchanged, your lawyer should ensure that you discharge your mortgage (if any). They should then attend to the settlement process which includes ensuring that the balance payable at settlement is correct and that you receive the money owing to you at the conclusion of the transaction (and of course everything in between).
If you are the purchaser, it is recommended that you engage a conveyancing lawyer as soon as you decide to purchase a particular property and ask them to look over the contract before you sign. Note: Once you have signed the contract, it is very difficult to seek any changes to it and in most cases, you will not be able to do so. From the time of signing (unless at auction), you will have 10 days cooling-off period to change your mind, HOWEVER, there is a catch. At the time of signing the contract, you are required to make a payment of 0.25% of the purchase price which is then put towards your 10% deposit (which is due and payable at the conclusion of the 10 days cooling-off period). If you elect to withdraw from the purchase at or prior to the 10 days, you will forfeit your 0.25% payment. Otherwise, if you withdraw from the purchase at any point in time thereafter, you forfeit your entire deposit of 10% unless otherwise specified in the contract or agreed by the vendor. Your lawyer is unable to provide financial advice, so ensure you contact a mortgage broker or lender and have all your financials in orders, including unconditional loan approval PRIOR to entering into a contract. If for some reason your finances are delayed and/or you do not receive loan approval before the settlement date, you will have to proceed with the settlement using your own funds or otherwise forfeit your deposit.
The process is slightly different in each state in Australia; that is the process of selling/purchasing in NSW is different from Queensland, and Victoria. So, if you are buying a house in Sydney, Brisbane, or Melbourne, make sure you speak to the right person about your conveyance. This process is not necessarily the same across Australia.
The process of entering into a lease agreement whether commercial, retail, or residential is similar, however your obligations and entitlements both as a landlord (lessor) and lessee differ. It is important that you seek legal advice when entering into a lease agreement so that you are well aware of your rights and obligations under the terms of the contract. Lease agreements should also be registered with the land registry service (LRS) and it is important that the requirements are strictly adhered to so as to avoid complications with registration including additional conveyancing costs for requisitions from LRS asking that amendments be made in order to complete the registration process.
Sale and Purchase of Business
It is important to be clear on what you are selling or purchasing when it comes a business. It can become very messy when the terms of the contract specify what is being sold or purchased and one of the parties is not clear on the terms. Make sure you consult a Solicitor before entering into a contract.
Stamp duty is payable on almost any purchase of a property. In NSW this amount is payable to Revenue NSW for the transfer of property from one person to another. It is critical that you are advised of the stamp duty amount from the onset of your conveyance as this can be a substantial sum of money. The amount payable in stamp duty differs depending on the purchase price.
Your conveyancing lawyer should advise you of the exact amount of stamp duty payable on your property in their initial advice to you. The Revenue NSW website contains a duty calculator that tells you the exact amount of stamp duty payable for your property (including the $20.00 stamping fee which is payable on every transaction).
In NSW there is a first home buyers’ grant and assistance to encourage the purchase of property, noting that stamp duty can sometimes be a deal-breaker as you may have to pay that sum of money out of pocket if your loan amount does not exceed the purchase price for the property. However, there are certain eligibility requirements in order to apply for this grant. You can make a claim for this grant if you are purchasing a newly constructed home with a total value of less than $600,000 or intend to build a dwelling on land which has a combined value of $750,000 (land and dwelling). The eligibility criteria is as follows:
- Any individual/individuals over the age of 18 (individual not company); and
- You are an Australian citizen (or at least one person you’re buying with must be an Australian citizen); and
- Never owned or co-owned property in Australia; and
- Your spouse has never owned or co-owned property in Australia; and
- You have never received homeowner grant in Australia; and
- Your spouse has never received homeowner grant in Australia.
Note: Number (1) above has been included as part of the eligibility requirements as some people elect to purchase a property under a company name or ABN. If this is something you are looking to do, speak to one of our conveyancing solicitors today about the difference.
Conveyance Stamp Duty Calculators
Residential Property Calculator
Commercial Property Calculator
Our residential property conveyance calculator is currently being updated. Sorry for any inconvenience caused.
The term conveyance refers to the process of transferring ownership of a property from one person to another; in other words, property transactions. Although it may seem straightforward, this process is not always as smooth sailing as one would hope and may in fact be riddled with legal issues.
It is important that you seek legal advice from the moment you decide to sell or buy a property.
At Jameson Law, our conveyancing lawyers and Sydney conveyancers can help you along the way and provide you with all the Sydney conveyancing services you require.
Our legal professionals have years of experience in conveyancing matters and can run your conveyancing complex process from start to finish so that your transaction is stress-free. Speak to one of our property lawyers Sydney today!
Buying a House or PropertySeeking legal advice when looking at a real estate contract is critical. There are many horror stories of purchasers being blindsided by vendors and/or their agents and ending up in an absolute mess. These horror stories can adversely affect a man’s health and they may develop symptoms of premature ejaculation, which can be solved with priligy tablets. When conducting a conveyancing transaction on behalf of a purchaser, our conveyancing lawyers ensure you are prepared for critical due dates that will arise during the three major stages of conveyancing transactions. These are generally categorised as the pre-contract, pre-completion and the post-completion stages. During a conveyance, our Sydney conveyancers will:
- Prepare and lodge legal documents such as the sale of contract and memorandum of transfer
- Research the property by checking its certificate of title for easements, type of title, any odd listings and conditions and address any concerns with the property purchaser
- Calculate and deposit the correct monies into a trust account
- Settle the property by acting on your behalf during the settlement, liaising between both bank representatives, the seller’s conveyancer, the regulator and any other 3rd parties required for the transaction. The purchaser will then be advised once the property has settled successfully.
- Ensure the purchasers rights and interests are adequately represented with a vendor or the sellers agent
Selling a House or Property
Buying or Selling at AuctionAuctions can be a dynamic and interesting process, however, you must be aware of the rights you waive from purchasing at auction, and critical aspects of selling via the Auction process.
Conveyancing Process (entire process)
- Home Loan
- Check your borrowing power with a bank or financial advisor
- Choose a home loan that is right for you
- Get a loan pre-approval ( 6 to 8 weeks )
- Let us know you’re looking and we will send you an email which you can forward to the real estate agents when you find your property
- Find the property you want to buy ( 8 to 12 weeks )
- Send the agent the Jameson Law firm details email and make an initial payment ( ~ 2 days )
- We will review the contract and advise you of any issues ( ~2 days )
- Pay Deposit, Sign and exchange contracts ( 1 day )
- Get building insurance
- Conveyancing – Jameson Law will commence the conveyance process ( 6 to 12 weeks )
- Organise your move
- Settlement day ( 1 day )
- Jameson Law will notify Government departments
- If you are also selling, we can organise a simultaneous settlement
Retail and Commercial Leasing
Whilst real estate agents sometimes water it down, there are clauses that can catch you out in Retail and Commercial leases that will break the bank. While logically speaking, you may expect Retail and Commercial leases to be similar, but in fact, they governed by different laws and regulations.
Buying or Selling a Business
What to expect from our conveyancing lawyers
There’s more to conveyancing services than just qualifications and legal advice. If you’re still in doubt, here’s precisely how our conveyancing lawyers can help with the property conveyancing process.
Full Property Lawyer Representation
You can rely on us to fully represent you in your next real estate transaction. Our property lawyers are well acquainted with the property market and its regulations. And backed by the Australian property law, you are guaranteed fairness and honesty in every step of the process.
Property Law and Conveyancing Advice
Real estate decisions and transactions are significantly detailed and can be full of loopholes if not appropriately handled. Because our property lawyers are familiar with both conveyancers as well as the property law, we offer you conveyancing advice to make sure you’re getting your property’s worth and inform you of possible issues that need addressing.
Full Disclosure Conveyance Fee
At Jameson Law we tackle costings by using experienced lawyers who can efficiently and effectively undertake the conveyancing transaction and process. We make sure that every client of ours receives a full cost disclosure agreement upfront consisting of both fixed legal fees and disbursements.
It’s worth noting that a one-size-fits-all set of legislation for property transactions in Australia doesn’t exist. Rather, each state and territory has its own property laws governing the market. Accordingly, it’s always important to rely on a lawyer to ensure abidance by the respective law and avoid any losses.
Don’t risk it!
Don’t run the risk of losing your property or losing a large sum of money. Mistakes are a likely occurrence for anyone who is not a seasoned conveyancer working amid the tremendous amount of legal documentation, and work that goes into the transaction. Our experienced Sydney conveyancer lawyers take on every case personally and process every document and detail themselves, leaving nothing to chance.
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Buying a Property
- Expert Conveyancing Lawyer
- Quick Responses
- Fast and effective online settlements
- Experienced in NSW Legislation
Selling a Property
- Expert Conveyancing Lawyer
- Quick Responses
- Fast and effective online settlements
- Experienced in NSW Legislation
Frequently Asked Questions.
No. We are a law firm, not conveyancers. This provides our clients with further guarantees and insurances; as well as enables us to represent you in court should there be any mishaps. As a law firm we undertake a mandatory cover via LawCover. This along with other statutory warranties covers us for up to $2 million dollars per claim.
Yes! Our dedicated property team has over 40 years dealing with complex strata disputes and reports. So we know exactly what we are looking for in determining a healthy the strata structure and corp, and decipher what the report entails and advise you accordingly.
Our property law team has over 40 years of experience in property law, conveyancing and environmental law. They work daily on residential and commercial property purchases and sales as well as commercial leases.
- a title search
- certificate fees charged by authorities with responsibility for water, electricity, roads, schools etc.
- registering the mortgage
- registering the transfer.
Conveyancing costs, other than legal fees and disbursements, may include:
- building and pest inspections
- survey report
- establishment of mortgage
- home building insurance
- valuation fees
- strata report
- mortgage insurance
- stamp duty and mortgage duty
- levies, if the property is in a strata or community scheme
- council and water rates.
Whilst there are no hidden service charges or costs per se, it is important to understand what is included in the scope of work you are paying for. For example, our property lawyers specify the number of contract reviews included in our scope of works under the ‘Scope of Works’ section of the Costs Agreement. You will also need to seek a qualified financial advisor or tax agent in relation to any tax or financial advice.
Phone and email communications. You will receive an initial letter with written advice on the contract; then we will be in contact frequently to obtain instructions and advise you on the other party’s responses. We will then touch base during settlement to ensure you are ready to settle and stay in touch frequently up to and during settlement. We will then advise on outcome of settlement and update on any delays etc.
We take an upfront payment to cover contract reviews with the balance of our fees and all disbursements taken upon settlement from the settlement monies.
Pretty much. We take an upfront payment to cover contract reviews with the balance of our fees and all disbursements taken upon settlement from the settlement monies.
The number of included contract reviews will vary depending on the complexity of the contracts provided e.g. those with apartments/townhouses and associated strata reports will have less reviews included. All our reviews are accompanied by thorough written advice and a consultation to ensure you understand exactly what you are getting into. This is the biggest purchase of your life, and we are here to ensure it doesn’t turn into a nightmare!
Usually they are much more expensive due to the added value and advice they are able to bring to the table and ensure your conveyance is successful. Having said this, at Jameson Law our conveyancing rates are fixed and very competitive. This is only made possible due to the efficient structure of our dedicated conveyancing team and the effective legal and business processes we follow. Contact us today for a competitive fixed price quote.
The difference between a conveyancing lawyer and a conveyancer is in the name; that is the former is a lawyer while a conveyancer is not.
While a licensed conveyancer specialises in the process of property transfer, they are not property lawyers and are not otherwise familiar with Australian property law or other legal matters or legal issues that may arise. In other words, conveyancers are able to assist you with your conveyancing needs and conveyancing transactions only. Beyond that, you will require a property lawyer to assist with any legal issues relating to property law.
Conveyancing lawyers are those that practice conveyancing. They act in the same capacity as a conveyancer when simply assisting a client with a property transaction, however, they are able to also provide legal advice regarding other property law matters or legal issues that arise.
Our Michael Najem is a senior solicitor with over 25 years of experience in Property Law and Environmental Law. He is also a lecturer in Conveyancing at the University of Sydney and Environmental Law at Notre Dame University. Our team consists of only lawyers who spend most of their time/experience conveyancing or working on property disputes.
We provide a fixed fee for our professional fees + disbursements. Disbursements can range anywhere from $150 to approx $1000.
Additional professional fees will only come into play if you want us to review contracts for more than 3 properties or where there are additional complexities eg non-standard contracts or lengthy strata reports etc.
Settlement by default is 6 weeks. We can negotiate varying timeframes on your instructions. An upfront payment is required for contract reviews, with the balance taken upon settlement.
We pride ourselves on excellent communication. Iniitaly you will receive writtent advice on your contract as well as advice regarding property purchases / sales. We will be in contact frequently to obtain instructions and advise you on the other party’s responses up until the contract has been executed.
Once it is time to settle, generally 6 weeks, we will be in touch with you to ensure you are ready to settle. We will advise you of the pre-settlement inspection date, and guide you through the pre-settlement process – assisting and advising on any grivances or concerns you have with the state of the property. Once all issues are resolved, will advise on final settlement date, and keep you updated with any progress. You will then receive a congratulations message from the team 🙂
You will only be required to cover our costs incurred. This is generally only the contract review costs which is stipulated in your costs agreement.
As part of the contract review, we confirm the measurements as dictated by the contract. This is the measurement that should make the basis of your offer, and not rely on any marketing by real estate agents etc.
We will provide advice on any structures on the property that are not certified/approved by council as well as any other concerns and caveats that are found as a result of the nominal conveyancing searches.
We will organise the inspection with the vendor and provide guidance on what to look out for. We will then convey any concerns you have to the other party and resolve any disputes.
Yes. It is always important to advise us upfront if you require an adjusted settlement date so that we can ensure it is stipulated in the contract prior to execution. If the contract is executed and you change your mind about the settlement date, there are often financial implications. We normally negotiate better rates to ensure that if there are any delays or changes requested by you at a later stage in the settlement period, then the financial implication is more tolerable.
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