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Unless you have got your finances ready, you may, at your peril, venture into signing a property contract. Interested property investors/buyers in Sydney must have closely followed the court ruling on the Paddington property and will have figured out by now why it is such an important verdict.
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Encroaching On the Neighbours Has Legal Implications
The term encroachment has many dimensions and it is not acceptable in any of them. It goes without saying that your encroachment on a neighbour’s property will set him on a tight fuse, leave alone the legal potholes that the situation may land you in.
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How Do I Check If My Conveyancer Is Licensed?
The conveyancers are indispensable at the time when you are juggling with the protocols of title exchange. Those who have really earned their reputation in the business will hold you in good stead. As part of your Due Diligence you should ensure that you are dealing with a licensed conveyancer.
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Responsibilities Of a Conveyancer Is Pretty Widespread
Let me assure you that you have a kit available in case you want to go ahead with the legal complexity of buying a home yourself. Having assured you so, allow me to ask in the same breath- will such a kit be enough? Do you think you can tackle the legal challenges associated with the equitable and legal transfer of a property just as efficiently as a crafty conveyancer?
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Signing Contracts Injudiciously May Be Fraught With Peril
When signing contracts, it is essential to understand how the Sunset clause works. It is a clause which can be invoked by both the parties –buyer and seller- to cancel any contract which surpasses its stipulated time frame. Let me tell you why I brought this up.
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Breaking The Process of Buying a Business Into 5 Steps
An important thing to keep in mind about buying a business is that businesses are not acquired in one single swipe of card; they are acquired through consolidated effort, constancy of vision, and due diligence.Even if the business you plan to buy is just one more laurel on your expansive portfolio, you should give its purchase the time and effort it deserves. Let me tell you through my experience what the clearly defined steps for buying a business are.
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Which Should You Choose – A Solicitor Or A Conveyancer?
Solicitors can perform the duty of conveyancers but conveyancers can’t work as solicitors. This statement (out of many I thought of) will allow me to succinctly sum up the most important difference between the two professions.
In my career, I have often been asked what the major difference between the two is and whose services should a person use in case of real property. Let me try and answer you in a way that helps.
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The Bank Undervalued My Property. What Now?
You like a home and agree to pay the purchase price asked for. You rush to the bank, looking to borrow the money required to seal the deal. The bank welcomes you and asks you to wait for the property valuation from their side. So far so good!
Now here comes the blow- the bank values the property far below the agreed price and tells you about it. What happens next?
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For Home Buyers: Conveyancer and Conveyancing Costs
In the good old days, couples would go to places where homes where being sold. After searching in a number of areas they liked, they eventually found their “dream house.”
A price would be agreed on between the buyer and the seller, a contract would be drawn up, and the house is sold.
As much as anyone would want it to be as simple as that, in today’s home purchasing market, there is now a real estate agent to ask you about a conveyancer.
A what? What’s a conveyancer? How much does it cost to get one? Do we really need a conveyancer? You suddenly realise buying a house can be complicated.
For Home Buyers: What’s Next After the Offer is Accepted?
A common question many home buyers often ask is what happens after an offer is accepted on the property they want to buy?
Because there are so many things under the law to watch out for as well as paperwork, so buying a house is not as simple as counting to three. Many wish it so, but it is not. [Read more…]