Buying and Selling of properties can be an extremely stressful and expensive experience. Consequently, if not done correctly, it can leave you open to lawsuits and other legal damages.
Queensland Discount Conveyancing protects your interests to ensure your Sale or Purchase is final, and legally binding in they eyes of the law. Above all, we ensure that you receive the best deal possible.
Here are a few of our most common FAQ’s
How Much Do You Charge?
Queensland Discount Conveyancing has a Fixed Fee Price range. Our packages include – GST, Title and plan searches, professional fees and attending settlement within the Moreton Bay and CBD region.
Our Professional fees include all administration requirements such as negotiating and liaising with other parties such as banks to book settlement, Real Estate Agents to confirm critical dates and the other party’s solicitor to request extensions, etc.
For a purchase our fixed fee also includes our Standard searches – Land Tax, Main Roads, council rates and water rates),
VACANT LAND: $1,550.00
Please note that our Fixed Fee prices do not include any Government fees such as Stamp Duty or Registration Fees, nor does it include any bank charges.
Is There A Standard Fee That Conveyancers Charge?
There is no “Standard” Fee for conveyancing, however you should always do your homework before settling on a price.
As QDC we pride ourselves on having a transparent Fixed Fee price with no hidden surprises. Beware of conveyancing fees that have a ‘plus outlays’ attached. Outlays generally mean searches, but can also include items such as photocopying, phone calls, negotiating extensions for critical dates (Finance, Building and Pest, Settlement, etc).What may seem to be a cheaper price to start off with may end up costing you more in the long run.
At QDC you pay your search fees into our Trust account at the engagement of QDC. This is where they sit and are used for any searches and outlays that are obtained on your behalf and as per your instructions. Our search fee includes searches for: Title and Plan searches, Council Rates, Water Rates, Land Tax and Main Roads. We will always advise you of any additional costs for extra searches before they are ordered, so that you are always aware of costs.
Why do you pay up front- this is to allow all necessary searches and work to be completed. This is not a standard fee; each conveyancer will charge their own applicable fee.
When you see prices vary so much from one competition to the other there is always the raised concern that the consequent reduction in price could lead to the lowering of standards.
Do I Have To Use The Real Estate Agents Solicitor?
You have the right to choose the Conveyancer who will represent you. It is recommended to have a Conveyancer/Solicitor act on behalf to protect your interests and have a professional with experience to handle your matter.
Do I Need A Conveyancer?
It is recommended as they are able to explain the Legal Concepts to you and ensure that your rights are protected at all times.
Our trained professional team at QDC will ensure that there are “no nasty surprises” in the legal requirements that could cost you dearly in the future should it be missed. Using a conveyancer allows you to have direct access via the principal solicitor and legal team should a situation arise. QDC ensure that every aspect of the Conveyancing protocol is completed and compliant with the current Conveyancing protocol, which when doing it yourself can leave to certain aspects being over looked which could lead to lots of time consuming and financial burden. QDC follow the step by step Conveyancing protocol that is a legal requirement by Lexon Insurance.
What Is Stamp Duty And How Is It Calculated?
Stamp duty is a fee paid to the Government by a buyer. The fee is calculated depending on the purchase price of the property and the relevant purchasing category as listed below.
1. First Home Buyer
2. Home Buyer
3. Vacant Land First Home Buyer
4. Investment property
Please contact our office for a more detailed explanation of which category you fall under. You can also log on to the Office of State Revenue website to help calculate stamp duty https://www.qld.gov.au/housing/buying-owning-home/estimate-transfer-duty
For more FAQ’s in relation to the importance of having a Conveyancer.
Download here 2018 Frequently asked Questions