property conveyancing - How to.

Submitted: Monday, Nov 13, 2006 at 16:00
ThreadID: 39402 Views:2053 Replies:2 FollowUps:5
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Hi,

Anyone know of a site that gives the land conveyancing process for Qld??
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Reply By: jimmy-boy - Monday, Nov 13, 2006 at 16:05

Monday, Nov 13, 2006 at 16:05
Hi, the REIQ website has eaps of info, otherwise try fair trading website.
I am a real estate agent myaself, If there;s anything in particular you need to know, let me know...

Jim
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Follow Up By: Austravel - Monday, Nov 13, 2006 at 17:10

Monday, Nov 13, 2006 at 17:10
Thanks Jim,

I'll take you up on your offer when I get a bit more info. I did my own conveyancing a long time ago but have forgotton the process. All I'm really after is a step by step process. Checked ebay but could see any kits might just have to go and buy one.

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Follow Up By: Austravel - Monday, Nov 13, 2006 at 20:21

Monday, Nov 13, 2006 at 20:21
Hi Jim,

First question. I'm buying land only. First guy brought it off the plan as an investment, now I'm the sucker paying a lot more. It's got quite a bit of grass on, can I insist that it be mowed before money changes hands??? If so I'm guessing this would need to be in the contract before we sign is that right?

Second question. Given that this is a new development and I'm the second buyer of this particular lot, what searches can I forgo?? ie contaminated land etc, etc.

Third question. The seller is preparing the contract, what should I make the contract conditional on bearing in mind it's vacent land??

Thanks

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Follow Up By: jimmy-boy - Monday, Nov 13, 2006 at 20:36

Monday, Nov 13, 2006 at 20:36
You can certainly request the contract be conditional upon the block being mowed prior to a certain date, I should think the vendor would want that date to be ariound 7 days, so the contract wont be hinging upon it.

More importantly:

Re searches : As it is a new development, most searches can be foregone, as the developer would have had to have the development passed by council which, in QLD is no mean feat, several departments are involved so you can be fairly confidant the block is sound. Check for easements ets by way of a title search though. And council rates search to ensure there are no breaches etc that you wind up lumbered with.

Most people who buy land, will make the contract conditional upon a soil test. If you have a builder in mind, contact them to find out who they use for their soil testing.

I would strongly suggest engaging a Solicitor this will give you peace of mind, and also strongly suggest that YOU prepare the contract, or have it prepared, as really the contract and it's conditions form your formal offer, you should keep control over this.

Hope this helps a bit
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Follow Up By: Austravel - Monday, Nov 13, 2006 at 20:43

Monday, Nov 13, 2006 at 20:43
It does thanks Jim.
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Reply By: Scoey (QLD) - Monday, Nov 13, 2006 at 16:48

Monday, Nov 13, 2006 at 16:48
I would say that if you went for a firm (solicitor) that is reasonably reputable and is local to the area in which you're buying would be a good start. Also check with the local Council on different pitfalls. I know my local Council does a few things that a lot don't - and if you don't know about them they can cost you a fair deal of heartache and probably a fair bit of money!
Cheers
Scoey!
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Follow Up By: Austravel - Monday, Nov 13, 2006 at 17:10

Monday, Nov 13, 2006 at 17:10
Thanks Scoey.
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