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ARAFURA CONVEYANCING PTY LTD

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10/46 Lakes Cres, Marrara NT 812

Also Services: Darwin

  •  Overview 
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  •  Our Team 
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  •  Articles 
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  •  Testimonials 
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  •  FAQ 
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Business Overview

Moving in or out of your home should be a happy and memorable occasion.

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Customer Review

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Conveyancing Definitions
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Thu 29th Mar

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Thu 29th Mar

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Our Team Profiles

Sonia Roberts
Name

Sonia Roberts

Position

President, Australian Institute of Conveyancers

Profile

Specialist in : Residential properties Unit developments and subdivisions Commercial and industrial properties Private sale & Auction contracts Family Transfers Small Business sales and purchases Leasing

Testimonials

Please note that the following testimonials are collected, supplied and maintained by ARAFURA CONVEYANCING PTY LTD.

Jenny ,
Arafura Conveyancing could not have made my property purchase any easier. Everything was taken care of in a very timely manner and Sonia communicated with me at every step so I always knew where I was at. Thank you Sonia for your outstanding service!
S.M. Wanguri ,
Buying a house is a big step and understandably there is some degree of anxiety that goes with that. Furthermore there are administrative and legal processes that you want to be on top of. I was really pleased to have stumbled upon Sonia at Arafura Conveyancing. She was very informative and patient with me as we navigated through the settlement process. I also found that her service was efficient and reliable, she delivered on what she said she would do and was always professional, with a nack for detail. I liked the convenience of her coming to me; it was an effective way of getting things done. She is also a thoroughly nice person and I can only reccommend her. Thanks for everything Sonia!
S Baxi Leanyer ,
Sonia provided a timely and professional service. Constant communication and organisational aspects were taken care of with regards to inspections and settlement. It was a pleasant, efficient and timely service.
R Johnston ,
I was involved in a very quick settlement, under thirty days and Arafura Conveyancing met every deadline and ketp me constantly in touch with the process. They did an excellent job and I would highly recommend them.
KC Secret harbor ,
It was a pleasure dealing with Sonia when she assisted us with buying our apartment. Sh was very professional and her communication was great. Thank you very much.
Melbourne Investor ,
As I was not local in relation to the puchase of an investment property in the Darwin area, I found Sonia and Arafura Conveyancing very useful and reliable in completing the purchase transaction, as well as keeping me up to date with the progress of completion on the contract.

Frequently Asked Questions

What do Conveyancers do for the Seller?

Attending to the transfer of a property may seem a simple process that takes little time. Nothing could be further from the truth! Conveyancing is a complex series of tasks that require knowledge and skill – which is the reason that conveyancers must hold special qualifications and be registered.

Below is a list of tasks required to fulfill a conveyancer’s legal obligations to you where a mortgage is to be discharged. Because this task list reflects the commonly accepted legal requirements for a conveyance, all fee estimates must be benchmarked against this list.

Occasionally a transaction may involve more work than usual. Extra time may be required to advise a seller regarding dealing with an encumbrance/covenants, lease or contractual breach. In such cases, your conveyancer is entitled to charge an additional fee unless the work has been allowed or in any fee estimate. Arafura Conveyancing will never do this without discussing your options with you first.

Basic Tasks include:

  • take initial instructions from seller
  • send letter of engagement to seller for signature and return
  • open matter and set up file
  • carefully peruse the contract, any disclosure statement and ancillary documents
  • diarise date conditions due and the settlement date
  • check certificate of title for any items that need to be addressed at settlement
  • check contract against title to ensure contract been drawn correctly and meets clients needs
  • get instructions from client regarding exchange of contract
  • exchange contract
  • check/ensure the deposit is paid
  • prepare and arrange for seller to sign the discharge authority
  • send discharge authority to bank requesting payout and preparation of discharge documents
  • confirm conditions of contract are fulfilled by parties by the due dates
  • deal appropriately with any encumbrance / covenants on the title
  • prepare any required documents (eg application to note death, change of name)
  • receive transfer from buyer’s conveyancer, check and arrange for seller to sign
  • return signed transfer to buyer’s conveyancer in escrow for stamping
  • confirm outstanding amounts with rating authorities for payment
  • confirm any outstanding amounts with body corporate (if applicable)
  • get commission statement from agent
  • confirm commission with seller
  • advise seller to arrange final readings in respect of utilities and telephone
  • prepare adjustment statement and send to buyer’s conveyancer
  • receive loan payout figure from financial institution
  • prepare sellers settlement statement and send to seller
  • do trust account reconciliation
  • calculate cheques required for settlement
  • advise cheque details to buyer’s conveyancer
  • send letter to agent requesting balance of deposit for settlement
  • book settlement with buyer’s conveyancer and financial institution
  • check search certificate of title immediately prior to settlement
  • attend and complete settlement at Lands Titles Office
  • advise seller by telephone of completion of settlement
  • send settlement confirmation letters to client and agent
  • send change of ownership letters to rating authorities and any body corporate
  • pay any rates and taxes outstanding at settlement
  • do trust account journal entries and reconcile
  • prepare final account for fees and trust account statement and send to seller
  • check search certificate of title to confirm registration of transfer
What do Conveyancers do for the Buyer?

Basic Tasks include:

  • take initial instructions from buyer and advise buyer regarding insurance
  • send letter of engagement to buyer for signature and return
  • open matter and set up file
  • get copy of certificate of title and any other documents affecting the title as required
  • carefully peruse the contract, any disclosure statement and ancillary documents
  • obtain ACN and company search for any corporation
  • check certificate of title for any items that need to be addressed at settlement
  • provide copy of any encumbrance /covenants to buyer
  • ensure buyer is getting the correct property e.g. client signed plan for land or body corporate plan
  • ascertain if property to be owner occupied or for investment purposes
  • consider if buyer needs GST or other tax, legal or professional advice and obtain instructions
  • ascertain if there are any stamp duty concessions available to buyer
  • ascertain the manner in which joint buyers are to hold the property
  • ascertain the names in which the property is to be held and ensure it matches the names on the contract
  • check contract against title to ensure contract been drawn correctly and meets clients needs
  • get instructions from client regarding exchange of contract
  • exchange contract
  • diarise cooling off date (if applicable), date conditions due and the settlement date
  • check/ensure the deposit is paid
  • order any reports the buyer require
  • provide copies of reports to client and get instructions
  • prepare transfer. Any associated documents and any stamp duty concession forms and arrange for buyer to sign
  • send transfer to seller’s solicitor for signing
  • send copy of transfer to financial institution for preparation of mortgage documents
  • chase return of transfer from seller’s conveyancer for stamping
  • lodge transfer and stamp duty documents with Stamp Duty Office for assessment
  • confirm conditions of contract are fulfilled by parties by the due dates
  • ensure all conditions met by the correct date in the contract
  • confirm outstanding amounts with rating authorities for payment
  • confirm any outstanding amounts with body corporate (if applicable)
  • advise buyer to arrange final readings in respect of utilities and telephone
  • receive adjustment statement and cheque details from seller’s conveyancer
  • confirm amount of available funds from financial institution
  • prepare buyers settlement statement and calculate cheques required for settlement
  • send settlement statement to buyer and request any balance of funds required
  • send settlement statement to bank setting out cheques required for settlement
  • receive funds from buyer
  • reconcile trust account
  • book settlement with buyer’s conveyancer and financial institution
  • check search certificate of title immediately prior to settlement
  • draw bank cheques for settlement
  • attend and complete settlement at Lands Titles Office
  • advise buyer and agent by telephone of completion of settlement
  • send settlement confirmation letters to client and agent
  • send change of ownership letters to rating authorities and any body corporate
  • ensure seller’s conveyancer has paid any rates and taxes outstanding at settlement
  • do trust account journal entries and reconcile
  • prepare final account for fees and trust account statement and send to buyer
  • check search certificate of title to confirm registration of transfer

Keywords

mobile, conveyancing, developing, land, unit, seller, buyers, moving, residential, commercial

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