Delivering Electrifying Solutions, One Project at a Time
Cutting Edge Conveyancing is a specialized conveyancing business located on the beautiful Northern Beaches of Sydney. We are led by Licensee Suzi Sharp, who holds a Diploma of Conveyancing and has over a decade of experience in the legal industry, with a strong focus on conveyancing. Suzi is also a Justice of the Peace, allowing for the convenient witnessing of documentation.
Our mission is to provide professional, personalized, and friendly services at competitive prices. We strive to make the process of buying or selling property as stress-free, smooth, and rewarding as possible. Our knowledge of the industry is unmatched, allowing us to settle on time and within budget. We are available after working hours for your convenience.
Our clients have praised our services, with comments such as "more than met my expectations, " "beyond what we ever expected, " "nothing but exceptional service, " "made it seem so easy, " "timely and accurate, " "seamless service that stopped us worrying, " and "friendly and approachable." At Cutting Edge Conveyancing, we are committed to delivering superior service.
What is Conveyancing?
Conveyancing is the legal process of transferring the title of a property from the seller to the buyer. It involves the preparation, execution, and lodgment of numerous legal documents, including the contract for sale, memorandum of transfer, and various statutory forms. Conveyancing ensures that the buyer receives clear title to the property and that all legal obligations are met by both parties.
Exchange of Contracts
Exchange of contracts is the point at which the contracts signed by the vendor and purchaser are dated and the deposit is paid to the real estate agent or conveyancer. The deposit is held in trust until settlement, at which point it is released to the vendor.
Settlement Date
The settlement date is usually 6 weeks or 42 days after the date of the contract or the exchange date. However, this period can be extended or shortened by negotiation.
5 Day Cooling Off Period
A 5 day cooling-off period allows the purchaser to complete necessary searches or obtain formal loan approval. If a problem arises, the purchaser has 5 days to pull out of the contract. If they choose to do so, they will lose the 0.25% deposit they have paid. If they wish to continue, the balance of the 5% or 10% deposit must be paid by the close of business on the 5th day.
Deposit Bond
A deposit bond is a guarantee that the company will pay the deposit if the purchaser defaults. The company that issued the bond will then chase the purchaser for the deposit money plus other expenses if the purchaser defaults.
Property Inspections
It is highly recommended to obtain a strata inspection report if you are purchasing a strata unit. This report advises you of the levies payable and any special levies, problems with the building, and current or proposed works that will be carried out. It is also recommended to carry out a pest and building inspection when purchasing a house. This report advises you of any problems with the internal or external structure of the property.
Typical Steps to Buying a Property
1. Locate a property
2. Apply for finance
3. Seek advice from a solicitor or conveyancer
4. Make an offer on the property and negotiate terms
5. Formalise loan approval
6. Carry out pre-purchase inspections
7. Exchange contracts
8. Solicitor/conveyancer carries out property enquiries
9. Sign and return mortgage documents
10. Payment of stamp duty
11. Settlement and moving in
12. Notices to authorities and registration of transfer
Typical Steps to Selling a Property
1. Decide to sell the property and appoint a real estate agent
2. Contract is prepared by the solicitor/conveyancer and issued to the real estate agent for marketing
3. Property is sold, and the price and terms are negotiated
4. Purchaser details are added to the contract, and the contract is sent off to the purchaser's solicitor/conveyancer
5. Contracts are exchanged
6. Advise the bank and apply for discharge of mortgage
7. Transfer is signed, and requisitions on title are answered
8. Settlement occurs (money is paid to the bank and vendor, and keys are handed to the new purchaser)
Overall Experience
The reviews are glowing in their praise of Suzi and Cutting Edge Conveyancing. Multiple authors have had excellent experiences with Suzi, citing her exceptional service, prompt responses, and in-depth knowledge of property contracts.
Communication
All reviewers have highlighted Suzi's excellent communication skills, stating that she is always knowledgeable, prompt, and clearly communicates what is required at each step. She is described as having a "super quick" response time and being always "helpful" in answering questions.
Professionalism
Reviewers have also praised Suzi's professionalism, saying she is "great" and has a "good attitude". One reviewer mentions that Suzi has managed their conveyancing for multiple properties over almost 10 years, demonstrating her reliability and trustworthiness.
Value for Money
Fiona Lee, a reviewer, mentions that Suzi's rates are "reasonable and fair", indicating that customers feel they get good value for their money.
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