Thursday, September 25, 2014

Questions and Answers

Questions we are asked (but not frequently).

Are you a member of the AIC?

No. The AIC is an association of specialist conveyancers.
aicnational.com.au/about/what-is-a-cpc
Luchetti & Co Solicitors is a law firm specialising in Conveyancing AND Wills & Estates.
The firm is a member of The Law Society, the representative body for solicitors in NSW. They serve solicitors and the community and promote the fair practise of law.

What's the maximum I can expect to pay in fees and charges and what services are included in those fees?

Fees are the easy part to the question. We set a fixed fee and 9 times out of 10 we do not need to add anything more to cover other work that "had to happen" in the conveyance.
The service performed are detailed on this page:
luchetti.com.au/home_1.html for buying a home and here:
luchetti.com.au/strata_title_9.html for purchasing a strata title unit.

Charges are another thing entirely and depends on the building and what expert reports you may need to have to make sure that the property is what it seems to be. For example we have seen people pay $400 for a building report and then after reading it say no to that property and move on to look at something else.

What will any additional services cost / government fees and charges?

If you are purchasing you need to consider the Stamp Duty on the purchase. See:
osr.nsw.gov.au/erevenue/calculators/landsalesimple
Most of the other costs and charges are searches of various government departments and depend on the location of the property.

Would it be possible to contact you over a weekend to review a contract if I find a property?
This is usually unnecessary. If an agent is rushing you into a decision you need support to tell that agent to be patient, realistic and truthful. Remember that the amount an agent is paid to sell a property greatly exceeds what you pay a conveyancer, so get them to work for that money.