The team at Elan Legal has the expertise and professional knowledge to act on your behalf throughout the selling process.
We take a proactive (not reactive) role to help you negotiate with other parties successfully, and pride ourselves on completing the legal requirements as efficiently as possible. Whether you are a first-timer or seasoned seller, we will take care of the details and tailor our personalized service in accordance with your needs.
If this is your first time selling the property, we will guide you through the process and ensure you understand your legal requirements as the vendor. We’re always on hand to take your calls and answer all your questions.
Unexpected problems can arise but we are experienced enough to have seen ‘it all before’ and can address any issue quickly so as not to delay settlement. Our goal is a successful and hassle-free property sale, and we will negotiate and liaise with all parties to guarantee the best outcome for you.
4 Steps to Selling Success
We prepare the Contract for Sale including the drafting of any relevant special conditions and ordering of all the necessary legal documentation. We will ensure you understand your requirements as a vendor, including Land Tax, GST and the statutory warranties and disclosures.
We keep you well informed regarding the exchange process and liaise with you regarding any requested amendments. We will communicate with the purchaser’s conveyancer or solicitor on your behalf to ensure all conditions are fulfilled before exchanging Contracts. We attend to the exchange of Contracts and ensure the deposit is held in the safety of the agent’s trust account and if possible is invested to earn you interest on the deposit.
As part of our service and commitment to delivering a seamless selling process we liaise on your behalf with your nominated financial institution to co-ordinate the effective release of any mortgage/s to ensure settlement occurs in an orderly and timely manner. At this stage our main role is to ensure 3rd party legal requirements have been addressed well before the settlement date.
The time period to complete the property selling cycle can vary. On average, completion for a property usually takes place six weeks from the date the Contracts are exchanged. We will arrange a settlement with the purchaser’s solicitor/conveyancer and your lender and attend to all settlement arrangements on your behalf to deliver a final transfer of ownership of the property. We vet the settlement figures prepared by the conveyancer/solicitor for the purchaser to ensure that all calculations for an outstanding council, water authority, and strata levies are correct. We manage the settlement and completion process culminating in the sale funds being deposited to your nominated bank account.