Article - Selling a House - by Abernethy Broatch Law
Selling a house
Before you sign any Agreement we suggest you contact us so that we can:
If you have dealt with a Real Estate Firm, they will forward a copy of the signed Agreement directly to us after it is signed. We will then contact you to discuss any matters which need to be dealt with. If you have any queries about the transaction we will be happy to clarify them for you.
We will then attend to the conveyancing steps required to complete the sale on your behalf. This includes searching the Certificate of Title to identify all interests registered against the property that need to be discharged (e.g. mortgages, caveats, and other charges). We also prepare a statement of the amount the Purchaser is to pay to us on your behalf on settlement, which includes rates apportionments to the possession date.
What you need to do prior to possession date:
- check the form and content of the Agreement to ensure that it correctly records your intentions and meets your requirements as to dates and payments and limit the ability of the purchaser to cancel the agreement. You may wish to add further conditions (e.g. an escape clause allowing you to cancel the Agreement should you receive a better offer.
- explain to you the effect of the conditions of the Agreement so you fully understand your rights and obligations under the Agreement
If you have dealt with a Real Estate Firm, they will forward a copy of the signed Agreement directly to us after it is signed. We will then contact you to discuss any matters which need to be dealt with. If you have any queries about the transaction we will be happy to clarify them for you.
We will then attend to the conveyancing steps required to complete the sale on your behalf. This includes searching the Certificate of Title to identify all interests registered against the property that need to be discharged (e.g. mortgages, caveats, and other charges). We also prepare a statement of the amount the Purchaser is to pay to us on your behalf on settlement, which includes rates apportionments to the possession date.
What you need to do prior to possession date:
- Sign the Authority and Instruction Form for electronic conveyancing
- Help us to organise the hand over of keys
- Leave the property in the same condition as it was when the purchaser signed the Agreement.
Author: Abernethy Broatch Lawyers
For more information contact: Abernethy Broatch Lawyers , Mount Maunganui, Tauranga
Posted: 1 September 2008