Property & Sales
Here at Colwell Conveyancing Group, our expertise extends to providing premium commercial conveyancing services. Buying or selling commercial property can involve a more complex legal process than the standard residential conveyancing transaction.
We guide you through the legal obligations and requirements around conveyance of commercial property by providing you with clear and comprehensive information and advice.
All commercial property files are managed by an experienced and qualified solicitor knowledgeable in the purchase and sale of commercial property. It is essential for you to have a conveyancer who understands and appreciates the issues and risks that can arise in commercial property transactions.
As your commercial conveyancing solicitor, we act for you and will protect your interests in your commercial property transaction. We know that each of our commercial clients has unique circumstances and needs, so our advice is tailored to your situation.
We’ll communicate with you all the way through, so you always know where your transaction is up to and what needs to happen next. We manage all the paperwork right from contract of sale through to settlement, allowing you to focus in your business knowing that your transaction is in good hands.
Don't go it alone. Call upon the buying conveyancing experts here at Colwell Conveyancing Group and make your property purchase easy.
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What our customers think
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Will always return for legal assistance
“Professional, friendly, helpful staff. Will always return for legal assistance.”
Janis M.
Amazing throughout the whole process
“You were amazing throughout the whole process... We will definitely be using you again in the future...”
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Highly Recommend them
“The professionalism they showed was impeccable and held to a very high standard. I would highly recommend them.”
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FAQ
Who is responsible for insuring the property after a contract is signed?
The standard conditions of the REIQ Commercial Land and Building Contract state the property is at the risk of the buyer from 5pm on the next business day after a contract has been signed by both parties. Therefore, as the buyer, you should immediately arrange an insurance cover note for the property. We recommend that you seek advice from an insurance broker to ensure you take out adequate insurance. |
What happens if the parties apply a GST exemption to a contract incorrectly?
If you are a seller, you need legal advice about inserting a special condition in the contract that deals with the above scenario.
Otherwise you could potentially be left with a large tax liability with the ATO.
We always recommend engaging your accountant and solicitor to confirm your GST position.
What items are included or excluded in the sale?
If you are the seller you must disclose in the contract any fixtures you intend to remove. Fixtures are items that are permanently fixed or built into the property. For example air conditioners in walls, cold rooms and machinery or equipment that has been affixed to the ground or building structure. If tenants have installed their own fixtures and fittings in the property, these should be excluded in the contract, as this will not form part of the property being sold. Chattels are any movable items. If any are included in the sale, they should be specifically listed in the contract as “included items”, for example air conditioners temporarily affixed in windows The buyer is to receive clear title to the property, fixtures and chattels, so you must ensure if any of the chattels are under finance or secured by a creditor, the amount owing to the creditor must be fully paid out at settlement. |
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