NSW Has Specific Requirements
Property law varies between states. In NSW, vendors must provide a contract for sale with specific attachments before marketing a property. This includes a title search, planning certificate, drainage diagram, and strata documents for units. We review every document to identify issues that could affect your purchase or future use of the property.
Strata Properties Require Extra Searches
Most Sydney first home buyers purchase apartments or townhouses in strata schemes. These properties come with additional considerations. We obtain and review strata inspection reports, checking for special levies, building defects, disputes, and financial health of the owners corporation. A building with a $50,000 special levy on the horizon changes the true cost of your purchase significantly.
The First Home Owner Grant
NSW offers a $10,000 First Home Owner Grant for new homes valued up to $600,000. This applies to newly built homes, off-the-plan purchases, and substantially renovated properties. We assist with your FHOG application and coordinate with Revenue NSW to ensure your grant is processed for settlement.
Off-the-Plan Purchases Have Unique Risks
Sydney's apartment market includes many off-the-plan opportunities. These contracts have longer settlement periods, sometimes two years or more. NSW legislation protects buyers by requiring vendors to obtain a Supreme Court order before terminating under a sunset clause without your consent. We review off-the-plan contracts carefully, explaining your rights and the specific risks involved.
Rentvestors Are Welcome
Many Sydney buyers aged 25 to 40 are choosing to rentvest. They purchase an investment property to enter the market while continuing to rent in their preferred area. If this describes you, we can help. Note that rentvesting affects your eligibility for first home buyer concessions, so we'll explain exactly where you stand before you commit.
Why Choose a Solicitor Over a Licensed Conveyancer?
Licensed conveyancers can handle straightforward property transfers. But they cannot provide legal advice. When contract issues arise, they must refer you elsewhere. Our qualified solicitors provide legal advice as part of your fixed fee. If something complex emerges, we handle it internally rather than sending you to another firm mid-transaction.