Buying OTP In Victoria?
Conveyancing For Off The Plan
- Extensive experience in Off The Plan (on both sides);
- Guaranteed Fixed Professional fees, even if it gets complicated;
- Expert conveyancing works, paperwork and protection;
- Hassle-free, on-time settlement. Relax, we’ll do all the work.
Off The Plan is our bread and butter…
With an OTP purchase, what you see in the showroom may not reflect the final quality of the property? We recommend a contract review to bring your property to “as close to” showroom experience as possible.
For example, the contract says the developer will use white tiles. Does this mean ANY white tile is fine? We would specify PORCELAIN white tiles “just like in the showroom”, to be certain that they will use quality materials.
So take advantage of Think Conveyancings “in the know” industry experience.
Acting as your legal representative, your team will work with your bank, the vendor’s solicitor and other related parties, to set the groundwork for a successful and smooth settlement.
And as part of our fixed professional fee service you will be assigned:
- An Experienced Lawyer
- A File Owner / Conveyancer
- A Conveyancing Concierge
All the below steps are included as standard practice, so you can rest assured your purchase is being handled with professionalism, efficiency and care.
|Contract Review (if requested)||Perform a written review with tailored legal advice.|
|Legal paperwork||Preparing all the legal paperwork required for you.|
|Order Searches||Ordering required searches to check for legal liabilities.|
|Facilitating Stamp duty payment||Prepare documents related to stamp duty (if required).|
|Liaising with the vendor/financier||Corresponding with your bank, developer’s solicitor and all related 3rd parties.|
|Arranging smooth settlement||By handling the legal transfer detail on your behalf.|
|Settlement attendance||Arranging settlement and attending on your behalf.|
|Update land registry||Officially transfer the property to you. Congratulations on your purchase!|
The conveyancing process, Lawyer and team are included within the professional fee (inc GST). Our professional fee is 100% fixed. The only other cost you need to consider are the necessary searches.
As part of a safe conveyance, we must order third party searches to verify the contents of the Section 32 and Contract Of Sale. This information is critical for due diligence.
We will order the searches on your behalf, pay costs up-front, and then pass these costs onto you upon settlement. Please note that conveyancing fees are dependent on property type, City Council (at time of order) and lot specifics. So request a quote now to receive up-to-date prices.
As per our guidelines, we RENDER SERVICE FIRST. Our first invoice (retainer) will be sent with the first suite documents. The balance of actual conveyancing fees and searches is payable at settlement. This retainer is required to secure the service of your Lawyer.
Searches are used by the conveyancer to do health checks on your property: they are essential and should not be skipped, as the consequences could be financially disastrous.
- Errors in paperwork; Cross checking the accuracy of the Section 32.
- Lot and developer details; Confirming the details are correct.
- Final checks before releasing funds; Last step confirmations before transfering your funds.
Our package includes the following searches. Again, searches are Council specific, so please request a quote to get specific pricing for your property.
|Name of Searches||Description||How Does This Item Protect You?|
|Registered Search Statement||Provide details of title particulars, ownership details and encumbrances on title||Confirm that the Vendor has rights to sell the property and determine any legal encumbrances that may affect enjoyment of the buyer.|
|Copy of Plan||Provide a map of the location of the lot, and the dimensions, gradient and other physical features.||Make sure that you are buying the right property -while rare, there have been instances where the wrong property was purchased.|
|Settlement Attendance||Representative to meet with the other party, to complete the transaction.||Meet with the bank, or the Vendor’s representative and hand over the cheque with final payment. Be on site to clear any potential issues (we will send the Lawyer if needed, we are located a two minute walk away)|
|File Opening Fee||Data protection and electronic encoding.||Security and protection of your private details.|
|Postage||Deliver original documents (excludes courier).||Banks often require a physical copy of the paperwork as part of their standard process.|
|Check Search||Confirms vendor is still the owner prior to settlement.||Double check that the seller is still entitled to sell the property, before clearing the cheque and releasing funds.|
OTP is our bread and butter
Easy and Committed
Fully insured searches
Fixed Professional Fee
What makes Think Conveyancing different for OTP?
We know all the tricks of the trade (having previously been with developers ourselves). And knowing what we know, there is no chance we would let our mothers or close friends sign an OTP agreement without getting a contract review. Take advantage of our extensive experience and nominate us to look after you.
The Think Conveyancing Guarantee:
Thank you for considering Think Conveyancing. I understand that as a property buyer, you’re looking for two things: to keep your expenses down, and to settle on-time without issues.
As conveyancers, we are bound by professional obligations to protect you in your transaction. As solicitors, we must work within the confines of the system and follow specific rules to keep you safe.
Whilst our goal is always to exceed our clients’ expectations by delivering an on-time, on-budget service, occasionally, factors outside our control can impact the process. These can include things such as your particular lot, or the other parties, including the vendor or the bank. That said…
We take our responsibilities as conveyancers very seriously.
We work to a high standard and we are committed to protecting our clients whilst also achieving the best possible result for them. There may be situations where the process is held up by additional searches or third party disputes, however I guarantee that although we can’t control those factors, we can control the quality of our service, our people and our commitment.
I guarantee that I will hold my people to the highest standard for every property transaction we manage. At Think Conveyancing we have cultivated an open, transparent and hard-working culture, and I believe in our people, our processes and our service — 100%.
Therefore, I can confidently pledge that if you feel for any reason that your transaction is not getting the attention and diligence it deserves, reach out to my Customer Happiness team that works with the appropriate Senior Leadership, who will then conduct an in depth investigation. If you are still not satisfied, you can reach out to me and I will personally deal with it, one-on-one.
Consider us for your conveyancing needs, and you won’t be disappointed.
We look forward to working with you!
How Do I Get Started And What Happens Next?
Call our office to instruct us to start, then send over the complete contract – all pages. We will then ask for any required information, such as your Legal Name, Property Address and Verification of Identity. A Matter will be created for you on the same day, and your File Owner will call you to introduce themselves and explain the next steps. Please call us on 1300 932 738 or use the web form so we can prepare accurate pricing, specific to your situation.
If you want to find out how our team can help you with your sale,here are two ways to move forward.
Option 1: Request Our Pricing
We’ll send you an email with our transparent costs. This includes 3rd party searches.
We’ll prepare a quote just for you.
Option 2: Speak To Our Concierge
Have a casual no-obligation chat with our Concierge. We’re happy to walk you through the process and give you a detailed quote.
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10 AM to 8 PM Weekends
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