Our Conveyancing Services - Frequently Asked Questions

Your Questions Answered

Buying or selling property can be a daunting process, especially if it’s your first time, or you don’t buy or sell often.

We’ve compiled a list of the most frequently asked questions from our clients with answers below. If you can’t find the answer to your questions, head over to our contact page, or give us a call.

For an obligation-free quote, head over to our quote page. We respect your privacy, and any information you give us will only be used to provide you with a quote.

How do I engage you to do my conveyancing?

If you wish to accept our quote, simply ask your selling agent to forward a copy of the signed contract to contracts@keylaw.com.au. Our team will be in touch with you within a few business hours with next steps.

If you would like your contract to be reviewed by one of our expert conveyancing solicitors before you sign it, send us a copy of the unsigned contract.

Our professional fees are fixed and quoted upfront so you know what your conveyancing cost will be ahead of time.

The Buyer and the Seller each pay for their own conveyancing services.

Conveyancing fees are paid at settlement.

Once your contract is fully signed by the Buyers and the Sellers, either you or the selling agent will forward to contract to us at contracts@keylaw.com.au.

Our dedicated file opening team will be in contact with you within a few business hours to gather some more information about you, and your purchase or sale.

The process from there really depends on your contract. For a general overview of how the conveyancing process usually proceeds, check out our conveyancing roadmap.

What other costs should I be aware of?

Whether you’re buying or selling, there are other costs involved for both the buyer and the seller. If you are buying, you should factor in the cost of searches, PEXA fee (currently $132.66) building and pest inspections, insurance, and government fees such as stamp duty and transfer fees.

If you are selling property, you should be aware of the PEXA fee, as well as removalist costs if relevant.

Everyone’s circumstances are different, so make sure to seek professional advice tailored to your personal situation so you can be confident in your budget ahead of time.

Buying and selling property is a big deal, and it’s important you engage someone you trust to guide you through the legal processes and ensure your interests are protected.

Below are some of the questions we recommend asking your conveyancer (and how we measure up):

Q: How many years of experience do you have?

A: We have over twenty years of experience helping people buy and sell homes

Q: How many on-time transactions have you completed?

A: We have over 100,000 on-time settlements under our belts

Q: What data security measures do you have in place?

A: Our systems have been built and are constantly tested and improved by our in-house team of developers here in Australia. Our best-in-class data security and fraud protection practices mean you can rest assured that your data is in safe hands

Q: Can I see your reviews or client feedback?

A: Yes of course! With well over 3,600 Google reviews across all our office locations, testimonials from our happy clients are available for all to read. Simply Google “Keylaw” + the location of the Keylaw office.

Please forward any bills you receive to our office so we can let you know how to action these. If you do pay a bill for rates, water, land tax and body corporate please send us a receipt. Please also cancel any direct debits you may have in place for these bills once you enter the contract.

Searches are a very important part of the conveyancing process for Buyers, as they reveal details about the property that may not have been apparent either when you inspected the property, or via a building and pest inspection.

Depending on which searches you instruct us to order on your behalf, the results may disclose any third parties with an interest over the property for example via a caveat or an easement,

They may also disclose whether any debts are owing over the property that the Buyer might be liable to inherit if they are not paid by the Seller prior to settlement, for example land tax.

It depends on the dutiable value of the property, whether any concessions apply, and a few other factors. Please use this helpful website which provides an estimate of stamp duty and transfer duty for your circumstances – https://stampduty.calculatorsaustralia.com.au

Needing an ATO Clearance certificate is not dependent on citizenship status but how much the property sells for. If the purchase price is over $750,000 EACH seller needs to obtain one. they last for 12 months but they can take 28 days to process. The application process only takes a few minutes:  https://www.ato.gov.au/FRWT_Certificate.aspx

Sometimes even though you have paid out the mortgage it has not been automatically discharged from title, meaning that the bank is stilling showing as mortgagee on the title of your property. You will need to contact the bank to complete the necessary paperwork to discharge the mortgage from the title.

No, we are not authorised and do not have the required information and cannot sign it on your behalf.