Expert Review for a Smooth Transaction
We carefully review contracts and key documents for auction and private property purchases, ensuring you understand your rights, obligations, and any potential risks before making a commitment.
Auction Purchase
If you plan to purchase a property at auction, you must prepare thoroughly before placing a bid. Once your bid is accepted, you become legally bound to proceed with the purchase and cannot amend the contract terms.
Therefore, we strongly recommend reviewing the Contract of Sale and the Vendor's Statement with our expert team beforehand. This review ensures you know all conditions and obligations associated with the property, helping you make a well-informed decision before committing to the purchase.
Reviewing Contracts for Lifestyle Village Accommodation
Scott Legal can assist by thoroughly reviewing and advising you on the contract terms if you consider purchasing accommodation within a lifestyle village. If you decide to proceed, we guide you through the entire legal process to ensure a smooth and informed transaction.
Private Purchase
In private sales, you benefit from a statutory three-business-day cooling-off period starting when you sign the Contract of Sale. During this period, our legal team reviews the Contract and the Vendor's Statement to identify potential issues, ensuring you are fully informed about the property's condition, zoning, and other relevant factors. This review also allows you to request the inclusion of any necessary clauses to safeguard your interests better.
Conducting Thorough Property Inspections
Before signing any contract, you must thoroughly inspect the property to ensure everything works correctly and meets your expectations.
Additionally, you should verify the property's land boundaries to ensure they match the details outlined in the title and plan of subdivision.
Scott legal charges a fixed fee plus disbursements, covering the start to end process of conveyancing including:
Tailored Advice for the Best Outcome
A testamentary trust is not just for the wealthy or complex estates. It can provide lasting tax savings, safeguard your family’s inheritance, and give you peace of mind knowing your estate is protected for future generations.
At Scott Legal, we regularly set up testamentary trusts as part of our estate planning services and can guide you through whether it’s the right option for your family.