Buying a Property in NSW
From contract review to settlement - we manage the legal side of your purchase so you can focus on the exciting parts.
Purchasing property is exciting — and complicated. The legal process behind a NSW property transaction involves strict timeframes, detailed contracts, and a settlement process that leaves little room for error. ConveyAbility makes sure you get it right.
Whether you are a first home buyer, an investor adding to your portfolio, or someone moving to their forever home, we manage the legal side of your purchase from contract to keys.
OUR SERVICE
What we do for buyers
✔ Review the Contract for Sale and all supporting documentation before you sign
✔ Explain the terms and any special conditions in plain English
✔ Identify issues with the title, covenants, easements, or planning certificates
✔ Advise you on the cooling off period and your options
✔ Conduct relevant property searches and enquiries
✔ Liaise with your lender and the vendor’s conveyancer or solicitor
✔ Calculate settlement adjustments (council rates, water rates, strata levies. etc)
✔ Attend to electronic settlement of your purchase
✔ Ensure the transfer of title is registered with NSW Land Registry Services
THE PROCESS
The buying process — step by step
1. Before you sign
Never sign a Contract for Sale without having it reviewed first. We will read the contract carefully and advise you on what it contains — including any restrictions, outstanding notices, or special conditions that could affect you. This is where problems are identified and addressed, before you are legally committed.
2. Exchange of contracts
Exchange is the point at which both parties become legally committed to the transaction. For private treaty sales, you will usually have a 5-business-day cooling off period after exchange during which you can withdraw, forfeiting 0.25% of the purchase price to the seller. We will advise you on whether waiving the cooling off period via a Section 66W Certificate makes sense in your circumstances.
3. Between exchange and settlement
This is when most of the legal work happens. We conduct your property searches, raise enquiries with the vendor’s solicitor, prepare the transfer documentation, liaise with your lender, and calculate the final settlement figures. We keep you informed throughout — no last-minute surprises.
4. Settlement
“Settlement” is the day you become the legal owner of the property. In NSW, most settlements are now conducted electronically through PEXA. We coordinate with all parties to ensure settlement is completed on time. Once settlement is completed, you can collect the keys.
5. After settlement
We notify the relevant authorities of the change of ownership and confirm that the transfer of title has been registered with NSW Land Registry Services. If there is anything you need in the days following settlement, we are here.
SPECIAL SITUATIONS
Buying at auction? First home buyers?
Buying at auction?
If you are purchasing at auction, the contract becomes unconditional at the fall of the hammer — there is no cooling off period and no opportunity to renegotiate terms afterwards. It is essential that the contract is reviewed before auction day. Contact us as soon as you become interested in a property going to auction.
First home buyers
If this is your first purchase, the process can feel overwhelming. We take extra care to explain each step clearly, answer your questions promptly, and make sure you understand exactly what is happening and why. We will also advise on your eligibility for the First Home Buyer Assistance Scheme and the First Home Owner Grant where applicable.
Ready to get started?
Contact us to discuss your purchase, or send us a copy of the contract for an obligation free review