Coutts Lawyers & Conveyancers is a powerful female-founded law firm with a core value system that puts people first. Our reputation as the legal business of choice in New South Wales is recognised by our many awards.
The team at Coutts have the expertise and experience to stand behind you and give you legal advice in a language you understand... without the legal jargon.
Coutts welcomes the opportunity to help you start a business, purchase a business, or sell a business in Australia.
Coutts Commercial and Business team takes pride in providing comprehensive legal services to businesses of all sizes.
At Coutts, our legal team offer the best service in a time where you feel at odds with the law.
Coutts provide expert legal advice in all employment related matters for both employers and employees including, but not limited to the following key areas.
Coutts provide legal advice in all areas of family law including; property settlements, divorce settlements, all types of parenting matters and the drafting of binding financial agreements and binding child support agreements.
At Coutts, we understand the devastating impact personal injuries can have, not only in a physical capacity, but also your emotional, mental and financial well-being also.
The important role conveyancers plays when people are buying and selling of property.
Have you been called as a witness by the Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability? If so, you may be eligible to receive government funded legal representation.
A will is a legal document that specifies how you wish your assets and liabilities to be distributed following your death.
Take all the stress out of purchasing a property with Coutts!
When it comes to buying one of life’s biggest assets, it goes without saying that you want a smooth and successful process. The Conveyancing Team at Coutts has over 25 years of experience in the stress-free, seamless buying of properties across New South Wales and interstate.
Adriana Care Managing Partner
Reach out to Coutts Lawyers via our website, phone, or in person for a consultation on how we can assist with your needs and ensure a smooth experience!
No Bill Shock. Know exactly what your stress-free conveyancing will cost from start to finish.
At Coutts, our goal is to ensure a smooth and stress-free property transaction. We’ll handle all the legal details for a seamless settlement.
Embarking on the journey to purchase a property is an exciting yet complex process. When you’ve found the perfect property, understanding the buying process becomes essential. This guide will walk you through the crucial steps involved in acquiring your new property, ensuring that you are well informed and prepared every step of the way.
When you find the right property to purchase, a copy of the “Contract of Sale” is obtained from the Real Estate agent and is sent to us. We will review the Contract and explain the terms of the Contract to you to ensure that it meets your expectations, needs and requirements.
Most Real Estate agents will ask you to pay an initial deposit as a sign of good faith. If you have not signed the Contract and it has not been exchanged by the agent this payment does not take the property off the market and the deposit is refunded to you if you decide to not proceed with the purchase. Please note that if another interested party exchanges the Contract before you, you will miss out on the purchase.
You can make arrangements through the agent or our office to exchange the Contracts in a cooling off period (minimum period is five business days) in order to secure the property. If you do this, you will be required to make payment of a deposit being 0.25% of the purchase price. If you decide not to proceed during the cooling off period, the 0.25% deposit is forfeited to the Vendor.
After the agent has exchanged the Contracts, the legislation provides for a minimum five business day cooling off period. This means you can change your mind and withdraw (rescind) the Contract. However, please be aware that you will forfeit the 0.25% deposit to the Vendor.
There is no cooling off period if:
It is important you are satisfied with the state of the property you are purchasing and have obtained formal/unconditional loan approval, before:
We can always advise and organise the following if requested by you:
Meet Adriana, The Managing Partner at Coutts Lawyers & Conveyancers, and the head of our esteemed Property Law and Commercial Law teams. With over twenty years of expertise, Adriana’s profound experience has fostered unwavering trust among her clients and solidified her esteemed standing within the Macarthur community. Her stature as an authority in Property and Commercial law is well-established.
Coutts can guide you through every step of your property purchase journey, offering expert advice and legal assistance, reviewing your Contract of Sale, advising on cooling-off periods, organising necessary inspections, and ensuring a smooth, informed, and stress-free buying experience.
The Exchange of Contracts is crucial as it marks the formation of a legally binding relationship between the Vendor and the Purchaser. Both parties are then obligated to abide by the terms stipulated in the Contract for Sale, making this a pivotal point in the property acquisition process.
The Cooling Off period is typically five business days post-contract exchange, allowing buyers to reconsider the purchase and, if necessary, withdraw from the contract. However, withdrawal results in the forfeiture of the 0.25% deposit to the Vendor. It’s crucial to be fully satisfied with the property and have formal loan approval before this period ends.
Yes, buyers are obligated to pay Transfer Duty to Revenue NSW based on the property’s value. This must be paid at the earlier of settlement or three months from exchange. First Home Buyers might be eligible for concessions or exemptions, and Coutts can advise you on your Transfer Duty obligations and potential exemptions.
The standard settlement period is 42 days (6 weeks) from the date of exchange until settlement. During this time, various inquiries and searches are made, and documents are prepared on behalf of the buyer to facilitate the transfer of ownership and ensure all legal and contractual obligations are met.