Buying Residential Property?
At Ownit, we understand how confusing the property conveyancing process can be. You want seamless and stress free conveyancing, which is exactly what we offer.
Take advantage of our exceptional service at a time and place that suits you, safe in the knowledge we guarantee a low, fixed rate. The only surprise you’ll find is how simple the process is.
Why buy a property?
Having your own home means gaining a peace of mind and comfort that renting doesn’t always come with.
Moreover, there’s no need to rely on a landlord or deal with a middleman real estate agency about your living arrangements. We love empowering customers to reach their goals.
That’s where we come in.
When you appoint Ownit you get...
First Class Investigation
Our skilled solicitors will investigate all property-related issues, providing value by mitigating risks. You’ll always know precisely what you’re getting with our independent advice.
Impeccable Calculations
Our team will work to calculate water, rates, body corporate levies and other financial adjustments on your behalf, so you understand your true conveyancing costs.
Exceptional Protection
At Ownit, our primary goal is to protect your legal rights. Throughout the buying residential property process, you can rest assured that your rights are covered.
First-Rate Results
We’ll get you your title in the most expedient, straightforward way possible.
Unbeatable Coordination
The Ownit team will work to coordinate the efforts of agents, solicitors and banks in order to reach settlement in a timely manner. We are adept at juggling all of these different aspects of the conveyancing process, while ensuring your best interests are looked after.
Prompt Preparation
Documents feature heavily throughout the conveyancing process. By bringing us on board, you don’t have to worry about preparing them. Our experienced staff will get all of the legal documents ready for you so that the title is transferred as smoothly and efficiently as possible.
Complete Transparency
At Ownit, we can provide transparent status updates, in real time, to ensure everyone is on the same page.
Fast, Easy Settlement
Our ultimate goal at Ownit, is to provide seamless and stress free conveyancing, so you can move in happy! We’ll handle all the legwork and before you know it, settlement will be complete – and you’ll be a proud property owner!
Settle it. Ownit. Love it.
Property information needed to complete the conveyance is held by many different entities and searches are performed to obtain or verify this information. A title search for example is to verify the registered owner of the property and whether there are any encumbrances on the title. Other searches may be performed with Council or the Body Corporate in order to complete adjustments to the purchase price and ensure that there are not large sums of money owed.
Transfer documents are now generally lodged electronically and register almost immediately. Where you have a financier, confirmation of this is provided to that financier and can be obtained from them.
Transfer duty is a state government tax applied to the transfer (along with other dealings) in property sale and purchase and is calculated with reference to the purchase price. There are concessions or exemptions available that you may qualify for and we will assist you in identifying those and advising you of your obligations.
If you are selling property, we recommend you maintain home insurance right up until the time of settlement.
Things can (and sometimes do) go wrong between signing the contract and final settlement. A current home insurance policy can protect you against all sorts of accidental damage and legal liability.
We also strongly recommend you insure property you are buying as soon as you sign the contract because the Contract of Sale might specify that the property becomes your risk from the contract date.
This protects you in the event the seller does not have any or enough insurance in place to protect the property in the event of damage. If you need a loan to purchase the property, your financier will usually insist that the property is insured with their interest noted on the insurance policy prior to settlement.
