Frequently Asked Questions
Please do not hesitate to reach out if you have any further questions
Since conveyancing is something most people encounter only a handful of times – typically when buying their first home or perhaps when downsizing later on – there’s a lot to learn that might not be common knowledge. Below, you’ll find answers to some of the most frequently asked questions to help shed light on the conveyancing process.
If you have more questions, we’re always here to help.
Put simply, conveyancing is an area of law that deals with the preparation of documents for the transfer of a property from a seller to a buyer.
Conveyancers are responsible for ensuring that clear title to property is passed from a seller to a buyer. They are specially trained to handle the property transfer process. Conveyancers will generally prepare, verify and lodge the various legal documents required for the transfer of a property and attend settlement for you. On the face of it, conveyancing seems easy but in reality it involves numerous steps, tasks and documents, all of which must be coordinated in a timely manner to achieve settlement.
Check out the buying a property and selling a property pages.
Not necessarily. We offer competitive fixed price conveyancing so there are no nasty bill surprises.
Our professional fees are always fixed, so you have certainty and no nasty surprises in the end.
Yes. We are members of the Queensland Law Society and have professional indemnity insurance with Lexon Insurance.
Our retainer sets out our specific scope of work and exclusions. For example, we do not give taxation advice as we are not qualified to do so.
It definitely will at One80 Conveyancing. Our system is designed so that the entire conveyancing process can all be done online.
Absolutely. At One80 Conveyancing, the entire process can be completed online. However, if you prefer to attend our offices than that is alright too.
Generally, the real estate agent will prepare the sales contract. You should read the sales contract carefully to make sure you understand your rights and obligations. At One80 Conveyancing we offer a complimentary contract review, we take the time out to review your contract and explain your contract to you in plain language. We also highlight any risk clauses and proposes amendments to those risk clauses, where appropriate. If required, we can draft special conditions for you.
PEXA is an online settlement process. This can be used to settle matters without the need for either party to meet and exchange documents and bank cheques. The entire process is electronic which means the seller gets paid quicker and the buyer gets the property in their name quicker.
In Queensland, contracts have a cooling-off period of five days in which the buyer can legally cancel the contract. If you choose to exercise your right to cancel the contract during the cooling off period, the seller may be entitled to deduct 0.25% of the purchase price from the deposit.
The most important thing to know about buying at auction as opposed to private treaty is that the sale is unconditional. That means the cooling off period does not apply. This therefore means that as a buyer you must be fully prepared – you must have pre-approved finance or funds available and you must be satisfy yourself with the condition of the property before the auction.
The cost of conveyancing varies from provider to provider. As with all things, you get what you pay for. Be sure to carefully consider your quote and ask yourself these questions:
- am I get added value?
- what is included in the price that I have been quoted?
- Is my quote a fixed fee?
- Does my quote include searches? If so, what searches does my quote include?
- Do I have the option of having the conveyance process done online?
Check out the article on the perils of cheap conveyancing here
The One80 Ultimate Tri Framework™ is our exclusive, innovative approach to conveyancing, consisting of three core components: the One80 Prime System™, the One80 App™, and the One80 Service Plus™. This comprehensive framework is designed to simplify the conveyancing process, providing clarity, control, and exceptional service exclusively to One80 Conveyancing clients.
The One80 Prime System™ breaks down the conveyancing journey into nine clear steps, offering a straightforward guide that outlines every phase of the process. It’s supplemented with detailed guides, checklists, and cheat sheets, ensuring you’re well-informed and prepared at each stage.
With the One80 App™, you can monitor your matters progress in near real-time. The One80 App™ allows you to check the status of your matter, communicate with our team, and receive updates through SMS or push notifications, putting you in full control.
To start, we’ll need some basic information about the property transaction and any relevant documents you have. From there, we’ll guide you through the next steps and how to use our One80 Ultimate Tri Framework™ to streamline your experience.
Getting started is easy. If you have a contract, send it through to us and we will get the ball rolling for you. If you do not have a contract, contact us and we will guide you and even do a complimentary review of a standard REIQ Contract for you. Simply contact us through our website, email, or phone.
In Queensland, the standard contract is the Real Estate Institute of Queensland Contract (REIQ) contract. This is a standard form contract with general terms and conditions. The REIQ standard form contract can be amended by way of special conditions. Special conditions are additional clauses that are added to a standard contract. Special conditions are designed to address items that are not included in the general conditions or your specific circumstances.
Absolutely. If you have not yet signed your contract, we provide a complimentary contract review which includes advising and drafting special conditions to suit your specific needs and circumstances.
At One80 Conveyancing, we have made it our mission to flip conveyancing on its head. We’ve set ourselves apart from the rest with our specially developed One80 Prime System™ and our user-friendly app.
It is a unique nine step framework that sets out the conveyancing process for home buyers in a ridiculously easy step by step guide. You’ll know exactly what we will do in the conveyancing process and what you will need to do. It’s also packed with powerful guides, meticulous checklists and cheat sheets all designed to make your life super easy. Don’t know how to go about making an offer? Don’t fret – the One80 Prime System™ has got your back. You get pro tips on what’s involved in making an offer. Want to find a mortgage broker? check! Don’t know where to find a building and pest inspector? Not a problem! Feeling stressed about packing and the move? Don’t be! The One80 Prime System™ is loaded with resources that will make the moving process painless for you!
The most common complaint against conveyancers is that they don’t keep clients updated. Our user-friendly app addresses and solves this problem. It puts you in control of the process – giving you real time updates on each step that we complete for you. Simply log onto our app at your leisure to check the status of your matter or communicate with us or choses to receive SMS or push notifications.
Our professional fees are generally paid at settlement.
This depends on several factors, such as:
- the State or Territory you buy in
- the price of the house you buy
- whether you are entitled to any exemptions
The buyer pays transfer duty.
Transfer duty is a tax a buyer pays when buying a house. The amount of the transfer duty is dependant on the price of the house that is bought.
The conveyancing process usually begins once a contract has been signed and ends at settlement. The time period between contract signature and settlement will depend on the terms of the contract. For example, unconditional contracts can settle much quicker than conditional contracts (those contracts that are subject to finance and building and pest inspection). In Queensland, settlement is usually 30 to 45 days from the date of the contract.
In Queensland, time is of the essence in contracts for the sale of land. It essentially requires the timely completion of a task. This means that if there is a failure to complete a task or satisfy a condition on or before the nominated date, the other party will have certain rights (such the right to terminate a contract) against the defaulting party.
Yes, searches are necessary. Conveyancing searches provide up to date information on the property you are buying. The information contained in searches is not always included in the contract. You may have a right to terminate a contract, where searches reveal information that is not disclosed in a contract. Further, some searches such as water and council rate searches are essential for settlement – an update search is required so any adjustments can be made to settlement figures.
For a competitive fixed professional fee, you unlock the exceptional advantages of our One80 Ultimate Tri Framework™, tailored exclusively for One80 Conveyancing clients. This pioneering framework comprises three essential components: the One80 Prime System™, the One80 App™, and the One80 Service Plus™.
The One80 Prime System™ simplifies the conveyancing process into nine straightforward steps, offering a transparent, step-by-step guide to ensure you’re always in the loop. You’ll be fully briefed on our actions throughout the conveyancing journey and understand exactly what is required from you. To support you further, this system includes comprehensive guides, detailed checklists, and invaluable cheat sheets—all designed to facilitate a smooth and hassle-free experience.
Enhancing this offering, the One80 App™ serves as the digital cornerstone of our service, empowering you with real-time updates and full control over the conveyancing process. Whether you prefer to log in at your convenience to check the status of your case, communicate with our team, or opt-in for SMS or push notifications, our app ensures you’re never out of touch.
Together with the empathetic, client-focused One80 Service Plus™, our Ultimate Tri Framework™ encapsulates our commitment to revolutionising your conveyancing experience, making it as effortless and enjoyable as possible. This comprehensive approach underscores why choosing One80 Conveyancing means more than just transactional support—it’s a partnership for success.
Unlike traditional conveyancing services, One80 Conveyancing offers a unique blend of innovative technology through the One80 Ultimate Tri Framework™ and personalised, empathetic client care. Our approach ensures a transparent, efficient, and enjoyable conveyancing experience.
Absolutely. We offer our a competitive, fixed professional fee with no hidden costs.
Our One80 Service Plus™ ensures you have access to empathetic, client-focused support throughout your journey. Our team is here to answer any questions and provide the guidance you need, making sure you feel supported every step of the way.
Yes, the One80 Ultimate Tri Framework™ is exclusively available to all One80 Conveyancing clients. You won’t find the One80 Ultimate Tri Framework™ with any other firm, it is excuse to us.
Yes, the One80 Ultimate Tri Framework™ is an exclusive offering developed specifically by and for One80 Conveyancing. This means that as a client of One80, you have access to a unique, proprietary system that you won’t find with any other conveyancing service. The framework, which includes the One80 Prime System™, the One80 App™, and the One80 Service Plus™, is designed to ensure your conveyancing process is as straightforward, transparent, and stress-free as possible. By choosing One80 Conveyancing, you’re not just getting a service; you’re getting a comprehensive, client-focused experience tailored to simplify and enhance your journey to homeownership or property investment.
Experience The One80 Way
Explore the One80 Ultimate Framework™, a game-changing solution born from the vision of our founder, Irfan. Faced with the challenges of traditional conveyancing, Irfan set out to create a transformative framework to solve the challenges of conveyancing today.