What is conveyancing?

Conveyancing involves transferring ownership of a property between buyer and seller. A professional conveyancer can act on your behalf, review the contract, submit legal documents, and settle a purchase. Our team at Masons Solicitors specialise in conveyancing law, and we are more than happy to assist you in navigating your new purchase.

Why do I need a conveyancer?

While it’s possible for you to do the conveyancing yourself, we don’t recommend it. Transferring the legal title of property can be complex, time-consuming, and complicated if you don’t have a legal background. A conveyancer, like those on our expert team at Masons Solicitors, will ensure your settlement is stress-free and will reduce the risks of serious mistakes being made.

Who pays conveyancing fees – buyer or seller?

Both the buyer and seller of a property will need to be represented by their own conveyancer, and each will be responsible for the respective costs. Some contracts do stipulate that a buyer must pay the seller’s conveyancing costs when it comes to extensions, nominations and changes to the date of settlement. Our team will discuss our services and charges with you in detail to ensure you’re aware of your obligations.

When do you pay conveyancing fees?

You’ll generally pay conveyancing fees when you reach a settlement. Your conveyancer will usually provide you with a draft invoice beforehand so you can confirm the fees, and then payment occurs alongside all the other required settlement monies. If you are selling a property, the conveyancing fee will come out of the proceeds of your sale. If you are purchasing, you’ll need to make sure you have sufficient funds to draw upon at the time of settlement. When you engage our team at Masons Solicitors, we’ll walk through the conveyancing process with you to ensure you understand what’s required.

CONVEYANCING

Conveyancing Solicitors Toowoomba

Our team can act for you prior to contract and through to settlement.

Masons Solicitors have experienced conveyancing Solicitors in Toowoomba to help with all stages of Queensland property transactions whether you are buying or selling a home, unit, vacant block, strata title, commercial real estate or rural property, including but not limited to:

Drafting and reviewing contracts,
Auction contracts and “off-the-plan” purchases,
Sales or purchases by companies, self-managed superannuation funds, family and discretionary trusts and deceased estates,
Property ownership options including joint tenants and tenants in common,
The cooling off period and deposits,
Commercial property including leases, Retirement Village purchases, leases and service contracts,
Dispute resolution and litigation,
Liaison with financial institutions in relation to loans, mortgages and discharges of mortgages,
Advice for first home buyers,
Preparing and registering Powers of Attorney,
Advice in regard to easements and covenants on title searches.

Residential & Commercial Conveyancing

We offer you a complete service approach by giving advice about the Contract before you sign it, liaising with your bank, and advising on stamp duty concessions, as we are an approved assessor.

Our team is thorough in searching and consultation to identify problem issues.
All matters are supervised directly by experienced Solicitors
We provide efficient and cost effective production of documents.
There are no hidden fees, which mean there is no separate charging for each issue that might arise during the life of your matter unless the issue is complex. Even then, we will inform you of any cost increase in a timely manner.
You are kept informed and updated every step of the way.
A centralised conveyancing system means that all office personnel can usually assist you with standard enquiries when you call.

NEGOTIATION AND CONTRACT REVIEW

Before signing, your contract is checked and advice given by an experienced solicitor after conducting initial searches and identifying any matters that may need your attention over the course of the matter.

INHOUSE STAMPING

We provide you an estimate of stamp duty and any other taxation requirements. Service offered to clients at no extra charge.

Conveyancing service with a difference.

We can assist you in negotiation of the terms and conditions of the contract and draft special conditions where required.

The property is at your risk from 5pm on the first business day after the Contract date. Any improvements therefore need to be insured immediately.
We offer 24 hour document delivery through our front door and verification of identity (now required in Queensland because of the absence of original titles) via an online link - we can email you a link so that you can upload your identity documents.
We give notifications in terms of the special conditions to protect your interests. Speaking to you on the phone and sending through reminder emails as a first step of our day and sending copies of all searches we make on your behalf.
We inform other parties in writing on or before the date for approval of finance - time is of the essence of the contract.
We are aware of the requirements of different lending institutions including mortgage documents. We make sure the requirements of your lender are met in time for settlement.
We check that the property goes into the correct names and consider all of the aspects of your purchase, including government assistance for first home buyers and stamp duty reductions as applicable.
We calculate the correct adjustments to settlement figures taking into account matters such as rates, to ensure that you pay no more than you are obliged in terms of the contract.
We check with you as to a pre-settlement inspection, conduct a final title search at the Titles Registry to ensure that the title you are purchasing is still secure and arrange for the collection or delivery of keys.
To ensure a seamless and efficient delivery of our conveyancing service, we are assisting with secure electronic conveyancing and settlement throughout Queensland using “PEXA” (Property Exchange Australia).
All of our conveyances are supervised and checked by a senior qualified solicitor and a team of trained assistance with years of experience who handle every matter personally with absolute care.

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FIXED FEES

For sales, purchases and wills and enduring powers of attorney.

We provide a service that is reliable and upfront. You know our fees before proceeding.

No additional charges for extensions, special conditions or unknowns.

TRUST ACCOUNT

Use of Solicitors Trust Account for deposit of funds, payment of balance settlement monies, stamp duty. Our team is trained at risk avoidance and gives you the tools you need not to be caught out. Our staff are all trained in cyber security which gives you peace of mind.

ON-LINE VERIFICATION OF IDENTITY FOR CLIENTS

All land transfers require identity checks. This makes sure your transactions are secure.

PEXA SETTLEMENTS

Electronic settlements are available wherever possible.

Conveyancing FAQs

What is conveyancing?

Conveyancing involves transferring ownership of a property between buyer and seller. A professional conveyancer can act on your behalf, review the contract, submit legal documents, and settle a purchase.
Our team at Masons Solicitors specialise in conveyancing law, and we are more than happy to assist you in navigating your new purchase.
Why do I need a conveyancer?

While it’s possible for you to do the conveyancing yourself, we don’t recommend it. Transferring the legal title of property can be complex, time-consuming, and complicated if you don’t have a legal background.
A conveyancer, like those on our expert team at Masons Solicitors, will ensure your settlement is stress-free and will reduce the risks of serious mistakes being made.
Who pays conveyancing fees – buyer or seller?

Both the buyer and seller of a property will need to be represented by their own conveyancer, and each will be responsible for the respective costs. Some contracts do stipulate that a buyer must pay the seller’s conveyancing costs when it comes to extensions, nominations and changes to the date of settlement.
Our team will discuss our services and charges with you in detail to ensure you’re aware of your obligations.
When do you pay conveyancing fees?

You’ll generally pay conveyancing fees when you reach a settlement. Your conveyancer will usually provide you with a draft invoice beforehand so you can confirm the fees, and then payment occurs alongside all the other required settlement monies.
If you are selling a property, the conveyancing fee will come out of the proceeds of your sale.
If you are purchasing, you’ll need to make sure you have sufficient funds to draw upon at the time of settlement.
When you engage our team at Masons Solicitors, we’ll walk through the conveyancing process with you to ensure you understand what’s required.