
Servicing Melbourne Suburbs
VIC
SMOOTH, STRESS-FREE PROPERTY SETTLEMENTS, ON TIME.
Ace Conveyancing and Legal specialises in property settlements, providing expert guidance and support throughout the entire process. Our team is dedicated to ensuring that clients receive the best possible assistance in navigating the complexities of property transactions.
Services
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We offer a range of professional services related to property transactions.
Conveyancing Services:
Residential property conveyancing (buying and selling homes)
Commercial property conveyancing including leases
Related Party Transfers
Off-the-plan purchases and sales
Subdivision and development conveyancing
Drafting and reviewing contracts of sale
Vendor and purchaser legal representation
Advice on property settlements, rights, and obligations
Assistance with stamp duty, land tax, and other property-related taxes
Helping with title searches, land title transfers, and registrations
Guidance through legal compliance for property transactions
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Property purchasing with Ace Conveyancing & Legal:
At Ace Conveyancing and Legal, our experienced licensed conveyancers guide you seamlessly through every stage of the property purchase process. We begin with a personalized consultation and thorough document review to ensure all legal aspects—from the contract of sale to title details—are in order. We then work closely with your financial institution, manage critical conditions such as the cooling-off period, and coordinate the settlement process, ensuring your interests are fully protected throughout your journey to property ownership.
Please see below a basic overview of the purchase process:
1. Initial Consultation & Engagement
Meet with the buyer to understand their goals, timeline, and any concerns.
Explain your fees, the scope of your services, and outline the overall process.
2. Pre-Purchase Documentation & Due Diligence
Advise on the necessary documents including the Contract of Sale, vendor’s statement, and title details.
Order and review essential searches (e.g., title, encumbrances, planning restrictions) to confirm the property’s legal standing.
3. Contract of Sale Review
Examine the Contract of Sale in detail with the buyer.
Ensure that all terms, conditions, and mandatory disclosures comply with Victorian property law.
Suggest modifications or additional conditions to protect the buyer’s interests.
4. Finance & Conditions Management
Confirm that all contractual conditions (finance, building and pest inspections, etc.) are clearly outlined.
Liaise with the buyer’s financial institution to ensure any finance conditions are met in a timely manner.
5. Cooling-Off Period Guidance
Explain the buyer’s rights during the cooling-off period, including any limitations or requirements.
Advise on how to proceed if issues arise during this period.
6. Liaising with the Seller’s Conveyancer
Communicate with the seller’s conveyancer to clarify any discrepancies or negotiate amendments as needed.
Ensure that all legal queries are addressed and that both parties are in agreement on the contract terms.
7. Preparation for Settlement
Organize and verify all final documentation required for settlement.
Confirm that all contractual conditions have been satisfied and that funds are ready for transfer.
Coordinate settlement logistics with all relevant parties.
8. Settlement Execution
Oversee the settlement process, ensuring the secure transfer of funds and the proper registration of the property title.
Handle final adjustments such as rates and tax reconciliations, ensuring a seamless transition of ownership.
9. Post-Settlement Finalization
Provide the buyer with all post-settlement documentation and a final settlement statement.
Advise on any follow-up steps, including record retention and notifying utility providers or local authorities of the change in ownership.
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Selling with Ace Conveyancing & Legal:
At Ace Conveyancing and Legal, our experienced licensed conveyancers streamline the property sale process by managing every legal detail from start to finish. We begin with an initial consultation to review your title and documentation, then prepare a compliant Contract of Sale that clearly outlines all terms and obligations. Throughout negotiations and the cooling-off period, we safeguard your interests, coordinate with the buyer’s representatives, and ensure all statutory requirements are met at settlement—providing you with a secure, efficient, and stress-free selling experience.
· Initial Consultation & Engagement
Meet with the seller to discuss their objectives, timelines, and any concerns.
Outline your fees, scope of services, and the overall process.
· Review of Property Title & Documentation
Examine the property’s title, including zoning, easements, and any encumbrances.
Gather and verify essential documentation (e.g., planning certificates, land tax details).
· Drafting & Preparation of the Contract of Sale
Prepare a comprehensive Contract of Sale that complies with Victorian property law.
Include all mandatory disclosures, special conditions, and accurate property details.
· Contract Review & Seller Advice
Explain the contract’s terms and legal obligations to the seller in clear terms.
Advise on any potential risks or areas that may require amendment before proceeding.
· Assisting with Negotiations
Provide legal guidance during the negotiation of offers and contract terms with the buyer’s representatives.
Ensure all communications are documented and that any amendments are legally sound.
· Managing the Cooling-Off Period
Inform the seller about the buyer’s rights during the cooling-off period, as applicable in Victoria.
Prepare for any potential adjustments or contract rescissions if the buyer exercises their cooling-off right.
· Preparation for Settlement
Coordinate with the buyer’s conveyancer to schedule the settlement date.
Confirm that all conditions (finance, inspections, repairs) are met, and prepare final settlement documentation.
· Settlement Execution
Facilitate the transfer of funds and ensure that the title is correctly transferred to the buyer.
Register the change of ownership with the Land Titles Office, ensuring all statutory requirements are fulfilled.
· Post-Settlement Tasks
Provide the seller with final settlement statements and any remaining documentation.
Advise on the retention of records and address any follow-up queries or outstanding issues.
Contact Us!
Contact us and we’ll get in touch.