Each month I will be bringing you a solicitor tip, proudly brought to you by The Law Office in Cairns. Here’s the tip for October, 2018:
If you’re thinking of selling your existing residence so that you can use the money to buy a new one, chances are you’re struggling with the logistics of making the move work with the least amount of pain and suffering.
Though definitely not for the faint hearted, it is possible to enter into a purchase contract which is conditional upon the sale of your current property and have them both settle at the same time (contemporaneously).
The key to a successful transaction is open and clear communication with your lawyer or conveyancer – before you start looking for the new place – and some skilfully drafted special conditions, which we can do for you.
If you’re considering a move, give The Law Office a call – the Lawyers you’ll swear by…not at!