The property conveyancing process is an essential one for all property purchases and sales. Whether you are buying your first investment property or moving into a new office for your business, it’s important to get professional legal advice to ensure the transaction is smooth and secure.
Commercial property conveyancing melbourne differs from residential conveyancing, as the properties are usually intended for a different purpose. While residential property is used for living, commercial property houses businesses like office buildings, retail stores, restaurants, galleries, veterinary or doctor’s surgeries and many other businesses. There are additional issues that need to be considered in the commercial conveyancing process such as business leases, water and council rates, land tax and GST. This link https://haitchconvey.com.au/
A good conveyancing firm will be experienced in the commercial property industry and provide a streamlined digital service for a quick settlement and less stress. They will have a team of solicitors and paralegals who specialise in the different property types. This is an advantage for clients as it means that the client can receive a tailored service, regardless of the type of property they are buying or selling.
Tips for Choosing the Right Conveyancer for Your Melbourne Commercial Property
In addition to conducting searches and preparing the contract of sale, a good conveyancing firm will conduct a Title Search on the property being purchased. This will identify any claims on the property, encumbrances or restrictions that may prevent the transfer of ownership. They will also arrange building and pest inspections, liaise with lenders and banks to arrange loans, prepare and lodge the documents for registration of the change in ownership with the relevant authorities and oversee the final settlement.