Selling Cost Agreement
Contract of Sale $330
$330 includes the following:
Preparation of Residential standard Contract of Sale
Additional Fees apply to Old System & Company Title, Leases & Other InstrumentsUp to 3 Title Searches
Additional Title Searches, if required, $27.50 eachCouncil's section 10.7(2) Planning Certificate
Sydney Water's Sewerage Diagram
Other Water Authorities, add $44Law Society's Contract & our standard Additional Clauses
Special Conditions: from $33 eachSundries & GST
Acting on Sale from $990
$990 includes the following "Standard Conveyancing Work":
Professional Fees, Expenses & GST to carry out our "Standard Conveyancing Work" when a Buyer is found upto $1.5 million*
* A conveyancing loading fee of 0.10% applies to that part of the Price exceeding $1.5 million
How to get started
Complete the online "Selling Order Form" including a secured online payment of our $330 Retainer Fee, by VISA or MasterCard. We will immediately order the title searches required by law.
You will receive an email requesting important information about you and the property
Once all documents required by law and your further instructions are received, a draft Contract will be emailed to your Real Estate Agent; 2 original Contracts will be kept in our office. You will also receive an email copy of the draft Contract and an Invoice & Receipt for any additional costs charged to your credit card
Definitions
"Standard Conveyancing Work" Is the work we do in every single conveyancing transaction, (eg. a settlement adjustment and drafting a cheque direction)
"Additional Conveyancing Work" Outlined below is the extra work we only need to do when certain circumstances apply to your conveyancing transaction
"Additional Fees" are fees charged at $165 per hour + expenses, and apply to items listed under "Additional Conveyancing Work"
Standard Conveyancing Work
Sale & Discharge of Mortgage of Residential Torrens Title Land in NSW
Standard Work comprises one (1) instance of each item or event described below and may involve all or some of these items, depending on the particular nature and circumstances of the transaction.
Acting on SaleReceiving your instructions by telephone or in writing, to act on a matter
Applying for & obtaining Sewerage Diagram from water authority
Applying for & obtaining Section 149.(2) Certificate from Local Council
Carrying out Title Searches of subject Lot and Deposited Plan or Strata Plan
Drafting Front & Second Page of Contract of Sale as instructed
Annexing copies of standard Clauses & our standard Special Conditions
Annexing other Documents provided by you (eg. Survey Report; Tenancy Agreement)
Making one (1) copy of the Contract & forwarding it to you or Agent, as instructed
Attending to a Purchaser's request to amend draft Contract
Advising you & seeking your instructions as to proposed amendment/s
Amending Contract as agreed by the parties
Arranging and Attending to Exchange of Contracts
Receiving Requisitions on Title & seeking your instructions
Replying Requisitions on Title
Receiving, perusing & obtaining your execution of the form of Transfer
Receiving, perusing and executing section 118 Notices
Applying, obtaining, copying and forwarding to Purchaser Section 109 Certificate
Obtaining & perusing your Council & Water Rates Notices
Making Settlement arrangements with Purchaser
Receiving Purchaser's Settlement Schedule & Calculating & Approving Adjustments
Receiving your Instructions as to Settlement Cheques
Preparing & forwarding Direction to Pay to Purchaser
Preparing & forwarding Vendor's Settlement Advice
Preparing City Agent's Settlement Instructions
Monitoring Settlement session
Advising you of Completion of matter
Receiving & forwarding Order on the Agent
Receiving acknowledgement of receipt of Section 118 Notice
Handing over Sale Proceeds to you
Acting on Discharge of First Mortgage
Receiving your Instructions to act on the Discharge of Mortgage
Applying to Mortgagee for preparation of Discharge of Mortgage documentation
Making Settlement arrangements with Lender
Obtaining a Pay Out Figure
Calculating Net Sale Proceeds or Deficit
Advising you of required amount to Discharge Mortgage
Preparing City Agent's Settlement Instructions
Monitoring Mortgage Settlement session
Additional Conveyancing Work
Outlined below is the extra work we only need to do when certain circumstances apply to your conveyancing transaction:
Drafting & Serving Notices, (eg. Notice to Complete or to Perform, Rescission or Termination Notice, Statement of Liquidated Claim)
Old System, Qualified, Limited, Company or Community Title related matters
Subdivisions; Off-the Plan Sales; Rural, Commercial or Industrial properties
Attending to Further Instructions, Advices, Amendments, Reminders, Requisitions, Negotiations or Consultations, (eg. Land Tax Clearance, Variation to Completion Date, Extensions of Cooling-off Period, Possession or Access to Property, Payment or Release of Deposit, Building Work)
Tenancy, Lease, Licence or Occupation or Possession related matters
Perusing Additional Documentation, (eg. Occupation Certificate, DA, Home Building Insurance)
Related Loan Accounts, Partial Discharges/Collateral Securities, (eg. Guarantors or Mortgage over another property)
Pursuing Discharging Mortgagee (Settlement Arrangements or Statement of Payout Figure)
Aborted, cancelled, delayed or postponed Exchange of Contracts or Settlement arrangements
Redrafting or amending Contract, or providing additional originals or copies
International or STD phone calls and faxes, Investment a/c management fee, non-ordinary postage, additional printing/copying
Pursuing your Further Instructions, Delivery or Execution of Documents or other necessary action
Drafting Additional Documents, (eg. Power of Attorney, License Agreement)
Duty Stamping, Lodgment or Registration of special Documents (e.g. Easement)
Aborted, Rescinded or Terminated Sales
Pursuing Contract Exchange, Service of Documents, Replies to Requests, Settlement Booking
Pre-Auction enquires or extended Pre-Contractual Negotiations
Additional attendances to Real Estate Agents, Mortgage Brokers, Solicitors and other Parties, (eg. Pursuing Exchange of Contracts, Settlement, Copies of Documents, other Information)
Other work instructed or required to be done, not being "Standard Conveyancing Work"
Post-Settlement matters, (eg. re-Adjustments, Notices, Claims, Payment/Deposit of Sale Proceeds)
Building Work
Further Information Required by Law
A Bill of Costs may be rendered at any time and for any work carried out, (partial or completed), and the total amount payable may be included in a cheque direction submitted to your Purchaser.
If you dispute a Bill of Costs, you have the right to notify the NSW Civil and Administrative Tribunal. The notification must be in writing & lodged with payment of a fee within 60 days of receiving the Bill. The Tribunal may take any action it considers necessary to resolve the dispute. After you have notified the Tribunal and the Tribunal has determined the action to be taken, you may then, upon payment of a prescribed fee, apply to the Tribunal for a determination of the costs dispute
THIS DOCUMENT IS A DISCLOSURE OF COSTS REQUIRED BY LAW AND CONSITUTES AN OFFER TO PROVIDE OUR SERVICES WHICH MAY BE ACCEPTED BY COMPLETING OUR FORM OF INSTRUCTIONS
ALL PRICES SHOWN IN THIS DOCUMENT INCLUDE GST AND ARE VALID UNTIL 31 MARCH 2020
Warning about Emails, Money Transfers and Internet Crime
Your cyber security is important to us. As you would be aware, email is not a secure means of communication. Please understand and acknowledge the following security procedures we follow as part of your conveyancing transaction to maintain security.
We will NEVER send you an email requesting you transfer funds to an account that is different to the bank account details we advised to you in our original letter of appointment mailed or given to you in person.
If a change is required we will call you first to verbally advise the details and will also email you for dual verification.
Do not transfer any funds without first phoning our office on the phone number shown on our original letter of appointment to verify any changes to banking details.
We will not act on any email from you requesting we transfer funds to a bank account that is different to the bank account details you advised to us in our appointment letter without verifying this with you via mail or telephone using your original contact details provided in our letter of appointment.
