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Queensland Conveyancing Law Firm Sydney

Conveyancing is the transfer process of property from one party to another. This process always has some complexities, and the situation varies depending on the property being offered, the interested purchasing party, and whether there is an applicable first time buyer’s grant. The legal situation also varies across different states. Using a law firm that is local for the purchasing party is preferable, though the firm’s representatives must always be experienced in the state laws applicable to the sale property’s location.

Queensland Conveyancing Law Firm Sydney

Queensland’s property conveyance procedure is slightly different to the system in NSW. This can cause confusion for those buying property interstate. Stamp duty is notably different for Queensland buyers compared to NSW and ACT purchases; first home grants are also different. It is not unusual for a Queensland buyer to pay a much higher transfer fee of nearly $1000.00, but also benefit from a first home buyers grant of $20,000, double the NSW grant. Other details also need to be known in advance lest finances be strained or legal problems encountered.

While information is readily available on the internet it can be too easy to miss important details. Some laws apply to the state where the property is located; some laws apply to the state of the purchasing party. Situations also very depending on whether the purchase is for a first time buyer or for an investment property. Expert advice is needed to avoid mistakes or missed opportunities.

Instead of consulting a Queensland conveyancing law firm Sydney’s more local Sun & Wang can provide suitable advice for NSW customers purchasing interstate property.