Commercial Property Transactions
Buying or selling commercial properties can be a more complicated process, taking into account the various factors and necessary steps involved. Our legal team’s extensive experience may help you if you want to purchase or sell a commercial property.
How we can help you with commercial properties
- Facilitate the purchase or sale of a commercial property
- Risk management assessment and due diligence in relation to commercial properties
If you lease the property to a business
- What your obligations and rights are as a landlord
- What the obligations and rights are for the tenant
- Necessary improvements before you can lease your property
- Comprehensive legal advice, including drafting a lease agreement for commercial properties
Conveyancing works
- Contract Reviewing: our experts will review any prospective contracts before you sign, and offer independent advice as to what the special conditions mean to you as the vendor
- Advisory services: we can advise you of any information disclosed in the contracts and Form 1
- Preparing documents: arranging for the fully signed documentation to be sent to the Real Estate Agent
- Follow-up with deadlines: checking that all the special conditions are met by the settlement date
- Follow-up with payments: checking that the deposit has been paid and the finance approval has been settled by the finance date
- Follow-up with compliance of special conditions: ensuring that all special conditions are complied with by the due date
- Encumbrance settlements: checking to see if there are issues, obstacles on the property and ensuring that these are dealt with correctly
- Document reviewing and checking: checking that the legal documentation necessary to transfer the property is correct and signed by all parties
- Updating with outstanding charges: obtaining and examining the title and statutory searches to ensure that there are no outstanding charges on the property
- Discharge of mortgage: arranging for the discharge of mortgage with your existing financial institution
- Rates and taxes calculation: calculating all the rates and taxes that are to be adjusted and forwarding an adjustment statement to the Purchaser’s Conveyancer
- Settlement statement: preparing a settlement statement for you prior to settlement so that you are aware of all the costs and expenses that are payable including the agent fees and commission
- Confirmation of amounts sent: confirming all amounts to be provided to your outgoing financial institution
- General timeline checking: liaising with all other parties involved in the transaction regularly to ensure time-frames are met
- Water usage tracking: obtaining a special meter reading for calculation of water use to the date of settlement
- Money transaction arrangement: arranging for bank cheques or payments to be available for settlement
- Settlement meeting on your behalf: Co-coordinating and attending the settlement appointment on your behalf
- Advising about the settlement completion: we will inform you as soon as settlement has been completed
- Sale proceeds deposit: facilitating the sale of proceeds into your nominated account
- Notifying related parties of the completed settlement: we will inform the Real Estate Agent that settlement has been completed; notify Council and Water company of the change of ownership
Are you ready for transactions?
Residential Conveyancing
from $ 990
Aud
- Plus disbursements
- Excludes LTO registration fee
Commercial Conveyancing
from $ 3,600
Aud
- Plus disbursements
- Excludes LTO registration fee
Adelaide Professional Conveyancers & Solicitors
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