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Northern Conveyancing Services - If your property doesn't sell we don't charge!!

You have made the decision to sell your property and your estate agents has requested a Section 32, luckily even though you may not be confident as to what this is WE ARE!

Your Section 32 also known as a Vendors Statement is a legally binding statement outlying everything attached or associated with the land in which you want to sell. This will list things like registered proprietor, registered mortgage, any encumbrances or covenants. It will also list any outgoings associated with the property.

We will complete a comprehensive search of the property when preparing your Section 32 to ensure that all requirements are met.

Usually a Section 32 (once provided with some necessary information) can be prepared in under 24 hours.

Please contact our office to initiate preparation of your Section 32.

Please also begin to fill in our Client Registration.

Client Registration

The following steps are taken when you have decided to sell your property;

  • After you have instructed our office and filled out our vendor registration form. You will be required to contact an estate agent to sell your property. When picking an estate agent you need to take into consideration many things such as;
  1. Is the agent familiar with the area of your property?
  2. Is his/her demeanor friendly and approachable? You don’t want anybody to over powering for many reasons.
  3. Is the commission structure comparable to other agents? You may want a few quotes to compare.
  4. What is the agent’s sale history like?
These are key points to ensuring your property sells for maximum value as quickly as possible.                                                          

If you are having difficulty in choosing an estate agent please contact us at Northern conveyancing Services we have some key estate agents with proven sales history that tick all the boxes.                                                                                                                                                                 

  • The next step occurs once the property sells, we will organise for you to sign a Discharge Authority with your mortgagee so they can initiate the process of having your title ready for settlement. This will not be required if you hold your certificate of title.                                                                                                                                                                                                  
  • We can prepare a section 27 statement if required this is a legal document required if you would like your deposit released to prior to settlement (usually to secure another property), please keep in mind though that a purchaser is not obliged to sign this and they may decline in some circumstances. Should you require a Section 27 statement please bring this to our attention at Northern Conveyancing Services so we can arrange the estate agent to negotiate this with the purchaser in the early days.                                                                                                                                                                                                      
  • As we approach settlement the purchaser will prepare the Transfer of Land and forward this to our office which we will then ensure this is prepared accurately and forward to you for signing.                                                                                                                                                
  • Usually with the two weeks of settlement the purchaser will prepare a statement of adjustment this is the time to proportion the council, water rates and any other outgoings between yourself and the purchaser as of the settlement day. We will complete all inquiries to ensure that this has been prepared accurately. Once we are happy with the figures that will be handed over at settlement we will forward to yourself to confirm that you are also happy with how the amounts that are going to be disbursed. In most circumstances your bank will not be able to give a precise amount of what is due to discharge the mortgage until the day before settlement and sometimes even the day of settlement. To overcome this situation we usually request when preparing the discharge of mortgage that the bank take all funds at settlement and then disburse the remainder post settlement to your nominated bank account.                                                                                                                                               
  • Settlement day has arrived this is when we meet with all the associated parties to exchange legal documents and funds, once settlement has been completed we will notify the estate agent to release keys if necessary to the purchaser and any remaining deposit monies directly to yourself.                                                                                                                                                                                                                       
  • We will provide you with a full breakdown of funds after settlement, for your records. We will also notify all relevant authorities of the change in ownership.