Buying and Selling Property
Often referred to as Conveyancing, buying or selling a home is usually the largest financial transaction most people enter into during their lives. As we gather assets and wealth on our journey through life, so the cost of our new homes increases to cope with growing family needs and to reflect our status in life.
At Lopich Lawyers we understand that whether you are buying your first home or your 10th home every transaction is extremely important to you. This of course is also true when you are selling.
Every sale or purchase of property at Lopich Lawyers is conducted by a lawyer with many years of experience in conveyancing matters.
Whether you are buying a home unit or a mansion, we can help you by providing a highly professional, cost effective and friendly service that will deliver what you want – a problem free
Don’t take risks with your major investment.
THINKING OF BUYING A HOME UNIT?
For many people buying a home unit is often their first venture into the property market. For that reason, it is extremely important that you get sound legal advice from someone you can trust.
Lopich Lawyers have more than 30 years experience in dealing with Conveyancing transactions of every imaginable kind. We have the expertise to help you achieve your goal.
Strata title living is becoming more and more popular and for many people it makes a lot of sense to buy a home unit rather than a house BUT there are some things to look out for when considering taking this step.
The first and most important step is to find out as much as possible about the property and the management of the strata scheme. For example:
- is the building properly and adequately insured?
- is there a strata manager for the scheme?
- what are the contributions to the administrative and sinking funds;
- are sufficient funds held for short and long term maintenance and repairs;
- are there details of the insurance claims history for the scheme.
Make sure that you obtain a section 109 certificate as much of the information referred to above will be available from this certificate. It is also a good idea to inspect the books and records of the strata scheme or to have someone do this for you.
Your particular unit may be made up of a number of parts. Make sure that you are able to identify the various parts of the Lot from the Strata Plan and physically inspect each part. It is also a good idea to find out what the Owners Corporation’s policy is with regard to the keeping of pets.
Checking these and other simple issues out before taking the plunge may well make the world of difference to living in a strata scheme development.
Let us at Lopich Lawyers help make strata living a pleasant experience for you. Contact Robert on 0407 578 159 or Lorraine on 0407 578 158.
WHEN THINGS GO WRONG
Dozens of property transactions from the sale and purchase of residential property to the sale and purchase of businesses to commercial leases of various types take place in New South Wales each week. The vast majority of these are uncontroversial and are completed without incident however, occasionally things go wrong.
When issues arise in relation to a transaction that has not gone as planned, one of the issues that need to be addressed early in the matter is whether the aggrieved party should head on down the litigation super highway with its attendant costs and delays or try to resolve the matter by some other means.
Mediation is a confidential, voluntary, quick and relatively inexpensive dispute resolution process which offers the parties the opportunity to take control of their dispute and to play a proactive role in designing the resolution.
At Lopich Lawyers our Nationally Accredited mediators are able to provide expert dispute resolution processes including mediation, facilitation and conciliation. We also provide collaborative dispute resolution.
Litigation is not the only option available when things go wrong with a transaction.