Real Estate - Commercial and Residential Properties
Barrett Walker has extensive expertise in assisting clients in the purchase, sale and leasing of both commercial and residential real estates. This experience comes from over 40 years of dealing in real estate transactions.
Buying and selling commercial and residential real estate
Are you a first residential buyer trying to make the best out of any government assistance or loan, a foreign purchaser who is not sure if you are eligible to buy a certain type of property or a keen commercial investor who is wondering how to maximise your return? We can assist you.
What is involved in the conveyancing process?
Before committing to leasing, buying, or selling commercial or residential property you need to make sure you understand the process. Some might think it is a straightforward process such as changing the name on the title from the seller to the buyer, but in reality, it is a lot more complicated than a change of name and address.
Generally, there are three stages involved in the purchase or sale of a commercial or residential property:
1. Pre-contract Stage
During the pre-contract stage or negotiation stage, we advise our clients on various matters covering not only the conditions of the proposed contract of sale, and their obligations under the law, but also common matters such as property loans, insurance, land use and restrictions, and stamp duty or land tax.
We walk our clients through the whole process so that they know what to expect.
Once a contract of sale has been signed and the deposit paid, we start the settlement process and ensure that settlement takes place as scheduled. We take care of the administrative side of the settlement process such as setting up the transition on the PEXA platform, and liaising with financiers, third parties, the State Revenue Office, VIc Duties Online, and the Australian Taxation Office (if required). Whether you are a tenant, a homeowner, or a real estate investor, we tailor our advice to suit our client's circumstances.
We advise our purchasing clients to conduct a final inspection within 48 hours before settlement.
On settlement day, we will do final checks before we sign off on all documents and funds directions. We will also send notice of acquisition or disposition to local councils, water authorities, and owners corporation managers on your behalf about the change of ownership.
We accept instructions in leasing matters for commercial tenants and landlords. We prepare and review leases, and disclosure statements as well as manage the legal matters during and at the end of a tenancy such as surrendering, variation and assignment of leases.
Property Matters Generally:
Sale and purchase
Boundaries, easements, covenants and adverse possession
Development and subdivisions
Investment structures and arrangements
Lost title applications
Transfers under trust arrangements
Land use and restrictions
Do you need help in purchasing and selling your property? Get a property lawyer to help you out.