NSW - Purchase of Land

This article will show you how to:


To create a new Purchase matter, follow the steps below:

  1. Click New Matter from the Home Screen
  2. Select State: NSW
  3. Select Matter Category: Conveyancing 
  4. Select Matter Type: Purchase 
  5. Click Create
  6. Enter the parties, including all relevant details. To add an additional party, such as the Purchaser, right click on the Purchaser and select Add Purchaser. 

  1. Select Property Details to enter the Property Information and enter the Address,  Property Details, Title Paritculars and (if relevant) Pre-Subdivision Title Particulars or Unregistered Lot Details. 


 

  1. Select Transfer and Contract Details to enter the Transfer and Tenancy Details, Improvements, Inclusions and Exclusions. 

  1. If there is more than one property, you may enter additional Properties by right-clicking on the first Property Details layout and selecting "Add Property Details"

  1. Select Conveyancing Details and input the Price, Deposit Breakdown and Key Date Details and if relevant Sunset Date Details. 

  1. Select the Stamp Duty & Registration tab to review the stamp duty informaiton. Stamp Duty will prepopulate based on the purchase price entered on the Contract and Settlement Details page. Use this tab to add any concessions or exemptions and Transfer Registration Fees (if applicable).

  1. Select Settlement Financials and input relevant adjustments by clicking on the title and description of the adjustment and inputing the relevant details. For further information on how to complete Settlement Financials, click on the Quick Guide on the bottom left hand of the Settlement Financials screen.

  1. Review and complete the payment directions by clicking on the Payment tab. Stamp Duty and Registration Fees will prepopulate based on information already entered under Amounts Required to Settle. These amounts may be adjusted and deleted as required. For further information on how to complete Settlement Financials, click on the Quick Guide on the bottom left hand of the Settlement Financials screen.

  1. Any payments that you input in Time and Expenses will automatically prepopulate under Our Fees on the Payment Directions. 

  1. You can add details for the following common contacts:
    • the Seller's Agent as well as the Agent's commission and fees under Agent's Details;
    • the Discharging Mortgagee including the Mortgagee Details;
    • Settlement Agent;
    • Council; and
    • Water Authoirty.
  2. To add Uncommon Contacts to your matter, open the Matter Settings and select the appropriate contact from the Parties & Data available for your matter.
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