Prior to the exchange of contract, we make every effort to ensure that you are fully organised, that any loan you decide to take out has been well planned and that you fully understand your contract and search enquiries as indicated above.
To avoid being gazumped when another purchaser buys your property, we can arrange the exchange of contract with a 5-day cooling-off period. This period allows you sufficient time to organise your pre-exchange search reports and also your loan. Please note that in such cases, if you do not desire to proceed with the contract within the 5 working days after the exchange of contract, you would be liable to pay the Vendor a penalty of 0.25% of the purchase price.
In the purchase of property, we pay close attention to negotiate special conditions, request title requisitions, and conduct post-exchange searches on the government interests in the land. In addition, our conveyancer will also organise stamp duty payment, prepare transfer documents, and arrange the settlement with you and your Lender. We always provide our clients with comprehensive legal advice on the property purchase, so the transaction could be the best deal for you.
Without professional legal assistance, there are a lot of things that may go wrong and turn sour on what is possibly one of the biggest investments in your life. At Vinh Duong & Associates, we can advise you on every legal matter related to property purchase, including but not limited to the contract, pest reports, building and strata reports, illegal building structures, right-of-way, easements, covenants, and much more. We are here to protect you and your property!