WHAT ARE STANDARD CONVEYANCING COSTS FOR BRISBANE & QUEENSLAND?

CONVEYANCING COSTS IN QUEENSLAND

Are you selling or buying in Queensland and want to know how much Conveyancing Costs? Read our guide on understanding the legal fees associated with your conveyance for purchasing or selling a house in Brisbane, Queensland.

WHAT IS THE APPROXIMATE COST OF CONVEYANCING?

In Queensland, some conveyancing lawyers may offer services based on an hourly charge, which can increase rapidly in the event of complications or disputes between the buyer and seller during the contract period. The duration of a conveyance in Queensland typically lasts 30 days for a standard house and land transaction.

At Horrocks Solicitors, our fixed fees contain no hidden costs. With over 30 years of experience and more than 70,000 successfully completed settlements under the guidance of John Horrocks, we assure premium advice, transparency and reliability.

OUR CONVEYANCING FEES ARE $1200 FOR BUYING, $880 FOR SELLING

& $990 FOR A PROPERTY TRANSFER INCLUDING GST

NEW MANDATORY ECONVEYANCING LAW IN QUEENSLAND:

“The e-conveyancing mandate commenced in Queensland earlier this week (20 February), requiring that some titles instruments, known as “required instruments”, must be lodged using e-conveyancing unless a valid exemption applies.

The mandate, introduced by the Land Title Regulation 2022, applies to all industry professionals and corporate entities that are lodging a required instrument dealing with freehold land, according to Titles Queensland.”

SOURCE: LAWYERS WEEKLY: READ HERE

“Prior to electronic conveyancing, buyers and sellers were expected to travel to a law firm to sign the necessary paperwork in person, or post them by mail. That takes time and requires documents to be manually uploaded, which leaves room for error and is slower than using a digital system,” he submitted.

“Adopting a digital approach to conveyancing is much more efficient. It’s a positive step forward in reducing the number of sales held up because documents weren’t lodged in time or were lost.”

WHAT ARE THE EXTRA SEARCH COSTS OR DISBURSEMENTS INVOLVED IN CONVEYANCING?

Throughout a conveyance in Queensland, your Conveyancing Lawyers may incur various disbursements on your behalf. These include fees for lodging documents with relevant authorities in addition to the option to conduct crucial searches. These property searches are necessary to determine any planning restrictions, zone regulations, unapproved constructions, or vested interests by government authorities. Awareness of these factors is financially important as they may impact the property's value in addition to exposing undisclosed problems with the property.

WHAT ARE THE TYPICAL CONVEYANCING SEARCH COSTS?

For residential property acquisitions, we conduct the following essential property searches:

Standard Search Package:

  • Title Search upon receiving the contract

  • Council Rates Search, which provides information about the status of the rate account

  • Main Roads Search

  • Land Tax Clearance Search

  • Registered Plan of Land Search

  • Title Search on the day of settlement

Additional optional searches may include the Body Corporate Information Certificate, Certificate of Currency, Contaminated Land, Railways, and Bankruptcy.

ARE CONVEYANCING FEES PAID IN ADVANCE?

Payment for our conveyancing services will be collected via cheque at the time of settlement. No upfront payment is required.

CAN YOU DO YOUR OWN CONVEYANCING?

When engaging in property transactions, such as buying or selling real estate in the state of Queensland, it is imperative to adhere to the legal procedures governing ownership transfers. As this entails executing a house and land contract and undertaking critical conveyancing steps, we strongly advise entrusting this responsibility to a reputable conveyancing solicitor.

Should you make any errors in your conveyancing process you may be at the risk of great financial liability and a delayed settlement. In addition or consequently you may have to pay default interest or face the cancellation of your contract by the opposing party which can result in potential legal action for breach of contract.

WHAT DOES A CONVEYANCING LAWYER DO?

Conveyancing solicitors possess the expertise to handle any complex legal issues during the conveyance process. By entrusting your property transfer to a conveyancing lawyer, you can rest assured that it will be managed with utmost care, safeguarding your legal rights. Horrocks Solicitors provides premium legal advice with a trusted reputation as the original boutique Conveyancing Firm in Brisbane.

Your Property Conveyancing Specialists