Our Commitment to Customers

Karen Lambert Conveyancing KLC offers a uniquely personal service to our clients and pride ourselves on our efficient and professional one-to-one service. We are a small company committed to making the conveyancing process easy. We have high standards and a strict code of ethics ensuring professional service at all times.
Karen Lambert Conveyancing KLC is a member of the Australian Institute of Conveyancers and Karen Lambert is a Certified Practising Conveyancer and is covered by Professional Indemnity and Fidelity Insurance.

The Conveyancing Process

How Does The Conveyancing Process Work?

Step 1 Pre-exchange:

• Obtain a home loan approval. This way, you know what your budget is when you are looking for a home.
• Work out where you want to live or buy into. Research the area and the neighbourhood, speak to real estate agents, attend open house inspections and look at home price guides.
• Decide on your dream or investment property. Request the agent to send the proposed contract to you for one of our lawyers to review.
• Negotiate on price with the selling agent.

We will:

• Review the contract for sale and negotiate any amendments you wish to make.
• Order any reports you require such as pest, building, survey and strata.
• Liaise with your lender to ensure your loan is approved.

Step 2 Exchange:

You have now decided on your property. A 10% deposit is usually required by way of cash or deposit bond (we can help you arrange a deposit bond if required). At NSW Conveyancing, we are always looking out for your best interests. Depending on your particular circumstance, we can negotiate smaller deposits to be made or your deposit to be invested in an interest-earning bank account until settlement.
Next, sign the contract.
As part of our service, we will:

• Review the contract to ensure it is ready to proceed with being signed by both parties.
• Meet you face-to-face or send the contract to you for signing.
• Send the contract signed by you to the vendor's lawyer to be exchanged.

Step 3 Post - exchange, leading up to settlement

• Start Planning moving your homeware to your new house.
• Arrange for your mortgage documents to be signed and sent to your lender.
• Ensure your money will be ready for settlement. This can mean chasing your lender to ensure everything is on track.
• Consider the First Home Owners Grant (if applicable) and complete the relevant documentation. At NSW Conveyancing, we can assist you in this regard.
• Draw up bank cheques. This is for payment of Stamp Duty and balance owing to the seller. We will instruct you in relation to the bank cheques required in order to settle your property.
• It is highly recommended to arrange a final inspection with the real estate agent a day before settlement.

We will:

• Order and check all remaining searches.
• Advise you of any additional searches that may be required by your lender.
• Assist you to meet any requirements imposed on you by your lender.
• Assist you to complete the First Home buyers stamp duty exemption form.
• Liaise with lender to ensure they are prepared for settlement.
• Prepare settlement figures and book settlement with your lender and the seller's lawyer.
• Prepare a property transfer form and arrange to have the Transfer and Contract for Sale stamped (stamp duty paid)
• Advise you and your lender of cheque details required for settlement.

Step 4 Settlement

The exchange of contracts take place.
Once the exchange has taken place, arrange with the real estate agent a convenient time and place to collect the keys to your new house. It is important to ensure at this time that you have the keys to all locks including garage doors, mailboxes, garden sheds as well as the property's alarm codes and remote controls for automatic garages.

We will:

• Attend settlement on your behalf and ensure that all Title Documents are in order
• Pay settlement monies as instructed to seller's lawyer
• Contact you and the real estate agent to confirm that the settlement has taken place and the matter has settled.

Step 5 following settlement

• If moving into this home, arrange to have electricity, gas, water and telephone switched to your name.
• Inform relevant parties and change incoming mail to the new residential address.
• * Most importantly, enjoy living in your new property.

We will:

• For purchases without a mortgage, lodge the Transfer and Notice of Sale with the Department of Lands and then send you your Title Deed when it has been registered
• Send you a final reporting letter.
• We will keep your file for five years. This makes it easier for us when you decide to sell your property in the future.