Time line of a typical 30 day conveyance

This timeline has been devised to give you an overview of what is usually involved in the sale or purchase of your property.  You may also require important legal advice so we advise that you see us before signing a contract.

 

DAY
... 1

Contract received.
Open file, commence searching.  First letters to you and the seller's solicitor.

... 12 Check with you on the progress of the finance application and any special conditions (if applicable).
... 14 Notify the vendor's solicitor about finance approval or any special conditions (if applicable).
Obtain extensions of time where necessary.
... 21

Submit transfer to the vendor.
Chase outstanding search results.
Prepare settlement figures.
Submit settlement figures to the vendor's solicitors.
Request final monies from you.

... 26 Arrange settlement.
Arrange with mortgagee for settlement and advise details.
... 28 Confirm settlement figures and settlement details with all parties.  Stamp the transfer.
... 30 Final title search and draw cheques.
Attend settlement.
Advise you of settlement.  Send documents for registration (if applicable).
... 31 Mopping up report to you and send final settlement statement. Pay any disbursements or outstanding rates etc.
... 45 Confirm registration of property transfer.

Your conveyance will be handled by either Mark Illidge (Principal & Accredited Specialist Property Law), Sascha Rodgers (Paralegal), Meagan Sayer (Paralegal), Susan Illidge (Paralegal) or Julie Edwards (Paralegal).

 

For more information or to make an appointment please Contact Us