Frequently Asked Questions
What is conveyancing?
Conveyancing is the legal process involved in transferring ownership of house, unit or vacant land from one person to another.
Who can assist with my conveyance?
In Queensland a property conveyance can only be undertaken either directly by, or under the supervision of, a practising solicitor. Kelly Conveyancing offers a dedicated conveyancing service through our Mackay and Brisbane offices provided by a team of very experienced conveyancing officers. This team is overseen of lawyers including one of the region's leading property lawyers, Sean Kelly.
How much will it cost?
The total cost of your property transaction will depend on whether you are buying or selling, what searches may need to be undertaken and other factors. Please contact us to obtain a competitive quote that is specific to your transaction and won't leave you with any surprises.
Why does the cost of conveyancing vary?
Conveyancing services are provided in a variety of ways and service models. Some offer a call centre approach with centralised operators while others are locally based firms and conveyancers. At the end of the day you get what you pay for. Kelly Conveyancing prides itself on the availability of its staff, the clear lines of communication we put in place, our local knowledge and our exceptional service. We're proud that we are not a "cut price" conveyancing service and the glowing feedback we receive from satisfied clients tells us we've adopted the right approach.
I have a contract...what now?
If you have already signed a contract or have one that you are considering signing you should immediately contact Kelly Conveyancing to discuss the terms of the contract and the first steps that need to be undertaken. A property contract often includes time critical dates so any delay can cause problems later on.
What is the cooling off period?
Any contracts for residential property in Queensland, not including auction contracts, have a cooling-off period of five business days.
The 5 day cooling-off period starts the day the buyer receives a copy of the residential property contract signed by both the buyer and seller, if that day is a business day.
Any time before the end of the five-day cooling-off period, the buyer can terminate the contract.
The seller must refund the buyer´s deposit within 14 days of terminating the contract, but may deduct a termination penalty equal to 0.25 per cent of the purchase price.
What is transfer duty?
Transfer duty is an amount of money you must pay to the State Government when you purchase a property in Queensland. Your conveyancer will advise you during your first discussion with them what the amount of duty payable is and when it must be paid.
