Buy a residential property

About this business activity

The three main reasons to buy a residential property are: it's a good investment, it provides a convenient place to live, and it can generate rental income.

Advice On Financial Aspects Of Residential Conveyancing Transactions (Letter To Buyer Of Property)

A letter from a conveyancer to a client who is buying a residential property, explaining a number of issues related to the financial aspects of the transaction. The letter takes the format of a series of questions and answers so could be adapted for use as a client briefing note instead.

What to watch out for

  • The financial aspects of the conveyancing transaction
  • The format of the letter (i.e. questions and answers)
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    Relevant Contract Types

    β›ͺ Conveyencing letter

    A conveyancing letter is a document that is used to transfer the title of real property from one person to another. The letter outlines the terms of the sale, including the purchase price, the date of the sale, and the names of the parties involved. The letter also includes a description of the property being sold, and may be used to transfer other rights, such as easements or mortgages.

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    Rafie Faruq
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