Melbourne Conveyancer Launches Contract Review Service
October 18, 2022 at 23:47
Melbourne, Victoria -
VIC based LEAD Conveyancing Melbourne is pleased to announce the launch of their new Contract Review Service. Already providing local residents and investors with invaluable conveyancing assistance, the company expects the new service to help their community understand what their contracts contain and what impact it can have on their real estate goals.
LEAD Conveyancing Melbourne reminds their community that it is extremely important for them to avoid signing contracts without fully understanding its terms. While this may appear to be true only for those who are unfamiliar with the standard terms and language in industry contracts, the company points out that it is still possible for experienced parties to miss crucial details under certain circumstances. In some cases, for instance, a contract may appear to be identical to others the individual in question has previously worked with — at least upon a cursory glance. Given how easy it is to add lines to even standardised contracts, however, this is a dangerous assumption to make, and one that could have potentially life-changing consequences. It is highly recommended that everyone consult with their lawyer, a professional with experience in real estate, before signing a contract.
“Whilst it’s easy enough to fill out a standard form contract with the basic terms, such as the purchase price, deposit, settlement date, finance date, etc.,” explains Trinh Thai of LEAD Conveyancing Melbourne, “it’s a lot harder to spot some of the traps hidden away in the special conditions — or things that are missing from the Section 32 statement. As a part of our review, we’ll give you our opinion of what is standard and what is unusual. We’ll tell you what’s there and what’s not.”
Any party signing a contract will expect to gain some benefit from doing so. However, this exchange of benefits is by no means guaranteed to be equal for all the contract’s signatories, especially if only a single party had a hand in its initial creation. Thai points out that, during a sale, a seller’s lawyer will draft a contract exclusively with their client’s best interest in mind (barring legal necessities). The buyer will not be considered, even if the seller’s lawyer were aware of their needs. As such, it is up to the buyer, with their lawyer’s assistance, to examine the contract thoroughly and negotiate in order to have the contract be more suitable for their needs as well. As part of a contract review, Thai and her team will either develop new clauses to be included in the contract or adjust the existing language to achieve this.
Further, LEAD Conveyancing Melbourne has structured the new service to be more respectful of their clients’ needs and time. For instance, once a contract is submitted for review, the firm will create a written document with all their recommendations and deliver this to the client. This will be enough for most clients. On the other hand, Thai confirms that they will still have the opportunity to discuss their contract (and the proposed adjustments) with one of the firm’s lawyers if they wish to do so after the letter is received.
Thai adds, “If you want to speak to a lawyer even before the letter comes out to you, your assigned lawyer’s direct contact details will be given to you as soon as you confirm that you are retaining our services. There’s no more chasing the receptionist or paralegal for the lawyer’s contact details, like you might expect with some other firms.” LEAD Conveyancing Melbourne has a long established reputation for being willing to walk clients through every step of the process, and this new service will be no different.
A buyer or similar party who would like to have a quick review of their options can contact LEAD Conveyancing Mlebourne to request a free consultation. The firm will help them understand what options are open to them. LEAD Conveyancing Melbourne has also made a quote calculator available through their official website, and they recommend that any further inquiries be directed to their office via phone or email. https://www.pressadvantage.com/i_organization/lead-conveyancing-melbourne
For more information about LEAD Conveyancing Melbourne, contact the company here:
LEAD Conveyancing Melbourne
Collins Square Tower Five, 727 Collins St, Docklands VIC 3008