Our conveyancers can create a contract for your transaction or explain the terms of the contract you would like to use for this purchase or sale. If we find any aspect of the contract not in your best interests we will explain it to you, make the necessary changes and show you the difference our revisions make.
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Units & Townhouses
Units & Townhouses Darwin
Many of our clients come to Jarrett Lawrie Conveyancing intending to buy or sell units and townhouses. These properties can also be referred to as strata, they are units within a larger property, along with some shared ownership of common areas that all residents use while they live in their units.
Jarrett Lawrie has many years of experience helping clients with strata transactions. We understand the terminology involved when buying or selling one of these units or lots. Whether it's an apartment, townhouse or a commercial office, it can be called strata per Australian law. There are many legal intricacies that govern strata transactions. While you may get confused each time you attempt to read up on the terminology and laws, you can rest assured that Jarrett Lawrie Conveyancing is fully aware of and familiar with of all the relevant laws and regulations.
We will guide you through the process of buying or selling a strata property from the first step to the last. Our conveyancers can do as much or as little work as you would like, we understand that every client has unique needs.
In general, our strata services cover the following:
1. Contract
2. Post-Contract Work
After a contract is created and agreed on by both parties, there is a lot of work to do before the final settlement and exchange of ownership. Jarrett Lawrie Conveyancing has your back throughout that process. We can handle the inspections and reports related to the strata you are attempting to buy or sell.
These reports include pest and building inspections and reports, along with a review of the strata roll. The roll is crucial as it lets you know about relevant facts about your property such as strata levies, administration and maintenance costs and other details that may effect buyers and sellers.
3. Financing
We will help you to get the mortgage you need to complete your transaction. Most clients finance part of the strata transaction with a mortgage. We liaise with your financial provider to deliver documents and move through any hurdles that may delay the completion of the transaction.
4. Contracts
When everything is done it's time to meet with the other party and exchange the relevant contracts. Both parties must agree to all the terms of the contract while also having a five working day cooling off period to make a final decision about whether they want to proceed with the purchase or sale.
There is typically a four week period between the cooling off stage and the settlement. This is the time when we conduct inquiries with the local council, water authority and other entities regarding your unit. We ensure everything is in order before the settlement.
5. Settlement
Jarrett Lawrie Conveyancing will represent you at the settlement. Our clients typically do not attend themselves, we handle the final paperwork and financial checks before informing you of the change in ownership of the strata.
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