Pre-Settlement Inspection: Final Inspection Before Settlement
A pre settlement inspection is the final inspection carried out by the buyer of a property before settlement…
Read moreConveyancing – Buying & Selling Property
Conveyancing
Buying or selling real estate is a major financial transaction. The wrong advice can result in costs that range from tens of thousands, to millions of dollars. The best thing you can do to minimize your risk is to obtain the best professional advice available.
At Thornton + King, we are market leading property law and conveyancing specialists.
Your Experts in Buying and Selling Property – Why choose us?
> There are over 18,000 law firms in Australia. In the 2024 Australian Law Awards our property law and conveyancing team was ranked in the top 10 Australia wide.
> We have more Law Society Accredited Property Law Specialists than any other boutique law firm in Australia.
> We complete over $2billion of real estate transactions each year, and our award-winning firm has a history of providing advice on property law transactions which dates back to 1924. There is nothing in property law that we haven’t seen or done before.
> Our lawyers are recognised as industry leaders and are often called upon by the Law Society of NSW and other organisations to teach courses to the legal profession on property law and conveyancing best practices. Several of our lawyers serve on committees at the Law Society of NSW where they can draw upon their decades of expertise to influence law reform and policy.
Who we work with
> While we have acted for everyone from first home buyers to billion-dollar property funds and government organisations, we excel at providing commercial and highly specialised advice to serious property investors and developers, high-net-worth individuals, and family offices. We are in our element when we can act as trusted legal advisor, providing you with a combination of practical guidance and detailed technical expertise.
> We work best when we understand your commercial objectives and can help you with your entire property portfolio – including acquisitions, leasing, and sale of assets. We provide personalised and specialist advice based on your property objectives.
> If we agree to work with you, there’s no job too big or small. Our lawyers have experience doing property deals ranging from leasing a small coffee cart to selling CBD office towers.
Contact Thornton+King Lawyers
Do you have a question about our services? Contact us today, and a member of our team will get back to you soon.
Conveyancing for Buyers
When acting on the purchase of a property, we make the following promises to our clients:
1. We provide clear, detailed, and thorough advice, much quicker than other legal and conveyancing firms. This is because we are specialists. We are able to accommodate urgent, same day requests.
2. We run through your contract with you over the phone to ensure that you fully understand your purchase.
3. We negotiate on your behalf to ensure that your contract meets your commercial objectives and protects your interests.
4. We draw upon over a century of experience providing advice in property transactions, to deliver commercial insights and give you a competitive edge on your purchase.
Conveyancing for Sellers
One of the key elements for a swift and successful sale is a correctly prepared contract. At Thornton + King, our team of Accredited Specialists in property law draw upon their decades of experience to prepare a contract that is tailored to your individual needs, and the unique characteristics of your property.
An incorrectly prepared contract can have many consequences, and may include:
> Breaching the warranties or disclosure obligations in the Conveyancing (Sale of Land) Regulation, causing buyers to get out of the contract or sue you for breach of contract or warranty. This may unexpectedly trigger commission payments to your real estate agent despite contracts falling through.
> Financial or other legal consequences under the contract due to failure to comply with your contractual obligations.
> Scaring away potential buyers due to poorly drafted or unfair contract terms. This will result in less competition for your property which will likely lead to a lower sale price.
Once the contract is issued to buyers and their lawyers or conveyancers commence negotiation, it’s also important that you have an experienced property lawyer representing your interests to ensure that buyer’s requests can be responded to quickly and efficiently, to keep momentum in the sale process, and while also ensuring that your legal interests are protected.
Conveyancing Matters We Help With
Thornton + King’s team of specialist property lawyers and senior licensed conveyancers can assist you with your commercial or residential property. Our team can assist with all types of property and conveyancing transactions, including:
> Residential, retail, commercial, and industrial property transactions
> Review of property purchase contracts, including same-day contract reviews.
> Preparation of property sale contracts
> Negotiating contract amendments
> Advice in relation to strata inspection reports
> Independent legal advice for guarantor or loan documents
> Grant eligibility and advice on stamp duty exemptions
> Advice regarding foreign buyer surcharges (Purchaser surcharge duty and surcharge land tax), and the Foreign Investment Review Board
> Off the plan sales and purchases
> Company title conveyancing transactions
Meet our team of lawyers
Want to know who you’ll be dealing with? Our exceptional lawyers are industry leaders who are supported by a team of paralegals, conveyancers, and secretaries.
- Karunn Shahani
- Principal Lawyer
- Vanessa Caputo
- Principal Lawyer
- George Elmassian
- Principal Lawyer
- Alan Olcayto
- Principal Lawyer
- Celia Pitcher
- Principal Lawyer
- Sarah Newman
- Principal Lawyer
- Charmian Seil
- Special Counsel
- Richard Harvey
- Special Counsel
- David Lee-Young
- Special Counsel
- Navneet Elfar
- Special Counsel
- Amanda Chik
- Senior Associate
- Jill Forrester
- Senior Associate
- Gabrielle Hardy
- Lawyer
- Feris Sefian
- Lawyer
- Andy Habib
- SENIOR LICENSED CONVEYANCER
Our Conveyancing Services
Buying a property is a major financial transaction. With average property prices exceeding a million dollars, the costs of an issue or dispute can be significant. Our market leading property law team have reviewed, negotiated, and settled tens of billions of dollars worth of property transactions.
We have prepared thousands of property sale contracts and seen them through to completion. We act as trusted advisors on your property sale, whether its a sale by private treaty or a public auction. We provide commercial advice, and well drafted contracts to ensure your sale proceeds as smoothly as possible.
Off the plan contracts are highly technical and there are many things that can go wrong, as the contract is an agreement to sell something that often does not yet exist. The contracts need to balance the freedom and flexibility that a developer needs to complete the project, against the security and certainty that a buyer wants when making a purchase decision. Our lawyers are highly skilled in both preparing and reviewing off the plan property contracts.
There are various different types of property titles in NSW, each of which has its own unique characteristics and risks. At Thornton + King we have deep expertise in all types of property title transactions.
Related party transfers are a common way to transfer property between family members. It can be done with or without a contract for sale, and depending on the circumstances, may be exempt from stamp duty or eligible for a stamp duty concession.
If you wish to buy or sell a property at a future date with minimal upfront commitment, a Put and call option provides this avenue. At Thorton + King we draft and review option agreements, carefully, to avoid unintended stamp duty and tax implications, assisting you in understanding your legal rights and obligations to determine the best approach for your unique situation.
What our clients say…
We found the company very efficient providing straight and efficient responces when required.
Scott Howison
Professional, efficient and great communication.
Sarah MacLeod
Excellent support from Karun and his team (especially Alan). Knowledgeable team with only short waiting times to provide advice.
Usama Munir
Very professional and thorough, with clear communication and attention to detail. Highly recommended.
Rishi Sahgal
Professional,timely help from both Vanessa and Andy ,make the project way easier for us !
Connie Lee
Our offices
Balmain
45 Evans St, Balmain NSW 2041
Northbridge
146 Sailors Bay Rd, Northbridge NSW 2063
Tea Gardens
Shop 1/13 Maxwell St, Tea Gardens NSW 2324
Hornsby
Level 3, 45-47 Hunter Street, Hornsby, 2077FAQ’s
Once you’ve found a property that you are interested in, you will typically have a lawyer review the contract so that you fully understand the terms of the sale. Your lawyer or conveyancer should show you the registered plans of the land, discuss any matters affecting the title of the land, and review things such as the zoning certificates and drainage plans of the land, so that you can make an informed offer on the property.
It depends on the type of property being sold, however for the sale of a residential property, a real estate agent must have a contract for sale prepared before the property is listed for sale.
Whether you’re a seller or a buyer, Thornton + King’s team of experienced conveyancers and property lawyers can you guide you through the sale process and negotiate on your behalf to ensure that your legal interests are protected.
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