Property law covers the legal rules and obligations surrounding the ownership, transfer, use, and development of real estate and land, including conveyancing, contracts of sale, caveats, leasing, strata, development, and property disputes.

A property lawyer reviews and drafts contracts of sale and lease agreements, conducts due diligence and title searches, manages the conveyancing process, advises on stamp duty and taxes, negotiates and resolves property disputes, and provides guidance on development and planning issues.

A conveyancer is licensed to handle standard conveyancing transactions. A property lawyer can advise on more complex matters including disputes and litigation, commercial and retail leasing, and tax and trust structures. For straightforward purchases, either can assist — but for anything complex, a property lawyer is recommended.

In NSW the standard cooling off period is five business days, starting from the date of exchange of contracts. During this time you may withdraw from the purchase, but you will forfeit 0.25% of the purchase price. The cooling off period can be waived, reduced or extended by agreement.

Costs vary depending on the work performed, the type and value of the property, and the complexity of the transaction. Our lawyers provide transparent, upfront fee estimates so you know exactly what to expect before you proceed.

Yes, Owen Hodge Lawyers is experienced in handling both residential and commercial property matters, from first home purchases to complex commercial leases and development projects.

Before purchasing a property, it is a good idea to obtain pre-approval from a lender so you understand your borrowing capacity. Your capacity will depend on income, financial circumstances and your deposit. Our lawyers can advise on the legal aspects once your financing is in place.

In NSW, stamp duty is calculated based on the higher of the sale price or current market value of the property. Revenue NSW charges standard rates with a premium rate for high-value properties. First home buyers may be eligible for exemptions or concessions.

While it is legally possible to conduct your own conveyancing, it is not recommended. The property transfer process involves strict legal requirements, and errors can result in significant financial and legal risks. A property lawyer provides peace of mind that every step has been handled correctly.