Residential Conveyancing

How Peter G Williams & Associates Can Assist Buyer

1. By ensuring State Government Transfer duty is assessed and paid on time to avoid late payment penalties - must be paid within one month of contract becoming unconditional;


2. By providing timely advice preferably prior to signing of Contract about:-
   1. Need to obtain taxation advice from Tax lawyer or tax accountant regarding correct structure / entity to acquire property from risk management perspective
   2. Correct structure / entity to acquire property from risk management perspective
   3. Need to effect household and contents insurance within next business day after contract signed
   4. Need for Contract to be tailor made to suit features of property and needs of client buyer;
   5. Distinction between joint tenancy and tenancy in common
      • from survivorship perspective
      • from security perspective
   6. costings
      • of legal fees (fixed fee quote for conveyancing provided upon demand)
      • of outlays
        • search fees
        • titles office registration fees
        • stamp duty on transfer
        • stamp duty on loan


3. By drafting special conditions to proposed Contract, including:-
   1. finance clause
   2. subject to sale clause
   3. subject to satisfactory building and pest inspection reports
   4. subject to satisfactory valuation
   5. subject to council building approvals


4. By advising buyer client on appropriate deposit and types of "deposit", eg. Deposit Bonds and ability to pay by installments


5. By advising client on unusual clauses inserted by seller, eg sunset clause


6. By advising on Agent's listing authority preferably before execution of same;


7. By advising on loan and security documentation and arranging for signing of same and assisting with satisfying Lender's requirements

Advantages of utilising Services of Peter G. Williams & Associates vis-a-vis other law firms

1. Personal approach / accessibility


2. All files either handled by or supervised by a qualified solicitor, and all files supervised by the Principal


3. Thoroughness of services minimizes risk of client becoming embroiled in expensive and time-consuming litigation:-
   1. all appropriate government departmental searches performed rather than the three basic searches conducted by cheap production line law firms;
   
   
   2. Peter G. Williams & Associates takes the time to analyse features of the property, and the seller in recommending to the client which searches are appropriate.
   
   
   3. the obtaining of all relevant searches minimises risk of delays when client's financier requests copies of buyer client's searches, which delays could expose client to risk of being sued for damages for breach of contract if unable to settle on time.


4. Diversity of other areas of law handled by Peter G. Williams & Associates, eg. Family Law and Deceased Estates Law means we effectively see the "BIG PICTURE" and efficiently forecast and resolve problems arising from an overlap of conveyancing with these areas with a minimum of fuss - time is wasted in some of the larger firms referring the file to "another floor / department" and exposure of clients to risk of cheap "specialist" conveyancing firms failing to identify;


5. Peter G. Williams & Associates strives to add value to the services it provides by referring clients, where appropriate in the early stages of conveyance, and only with the client's consent, to reputable and trusted experts in the fields of tax accounting, financial planning, mortgage broking, registered valuations, building inspections and pest inspections so that the client's interests are protected and so that a buyer client is equipped to make a fully-informed decision in relation to the property they are purchasing; one of the most expensive investments they will make in their lifetime.


6. Peter G. Williams & Associates does not charge the client extra to peruse and sign loan documents or to advise on Contract of Sale or draft special conditions to same, additional to costs of the Conveyance