what should i look for in a property lawyer?

Viewing 9 posts - 1 through 9 (of 9 total)

waydo77
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@waydo77
Join Date: 2011
Post Count: 155
November 8, 2012 - 11:38 pm
Hi all,
In the next few months I will be getting into renovating in Adelaide. I am currently putting together a team, accountant, lawyer, broker etc.
I basically want a lawyer who doesnt just do conveyancing but has experience with changing contracts and clauses etc.
What should I look for when selecting a property lawyer?
1.Should they be located nearest to where I will be buying?
2. What questions should i ask in regard to experience with options and clauses etc?
cheers,
wade
Jamie Moore
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@jamie-m
Join Date: 2010
Post Count: 5,069
November 9, 2012 - 12:08 am
If you're able to use a lawyer from interstate – then I'd just use Terry W from here.
I'm sure he ticks all the boxes.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
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Mortgage Broker assisting clients Australia wide Email: [email protected]
Terryw
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@terryw
Join Date: 2001
Post Count: 16,213
November 9, 2012 - 12:36 am
Thanks Jamie.
With property it is best to use a lawyer from the state you are buying in. I wouldn't act for a property matter in SA as I am not familiar with state laws there or the procedures etc.
I don't know how you should choose your lawyer, but someone with a experience in the area you want to focus on – area as in topic. You can also look for an accredited specialist in property or just someone that seems to specialise without being a formally designated specialist.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
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Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
jmsrachel
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@jmsrachel
Join Date: 2012
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November 9, 2012 - 1:29 am
Probably one that’s willing to help you after you pay them. Mine didn’t want a bar of me once he got what he wanted.
Terryw
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@terryw
Join Date: 2001
Post Count: 16,213
November 9, 2012 - 1:33 am
Joe, you only pay after the work has been completed – unless money goes into a trust account.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
jmsrachel
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@jmsrachel
Join Date: 2012
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November 9, 2012 - 1:43 am
Hi Terry,
The work was completed but after It’s completed don’t you dare call him for advice. And during the whole process he is too busy to return your calls. And then he thought it was ok to settle on a property with the vendors rubbish and furniture still inside.
Best of all he has written book after book on property law.
jmsrachel
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@jmsrachel
Join Date: 2012
Post Count: 711
November 9, 2012 - 1:47 am
And yes money was in a trust account.
Terryw
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@terryw
Join Date: 2001
Post Count: 16,213
November 9, 2012 - 1:59 am
jmsrachel wrote:
Hi Terry, The work was completed but after It's completed don't you dare call him for advice. And during the whole process he is too busy to return your calls. And then he thought it was ok to settle on a property with the vendors rubbish and furniture still inside. Best of all he has written book after book on property law.
Hi Joel,
I dont know anything about your situation, but it would be unreasonable to think that you could ring the lawyer for free advice after the matter has been settled. Their retainer wouldn't cover this.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
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Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Derek
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@derek
Join Date: 2004
Post Count: 3,544
November 10, 2012 - 11:20 pm
Agree with Terry – use a property lawyer from the state the property is located in.
The process of buying property in different states is slightly different – your lawyer needs to be familiar with the nuances of the state you are buying in.
Look for someone who specialises in property.
Not sure how property transactions are handled in SA but in WA we tend to use conveyancers for straight forward transactions. In the past the conveyancers have been able to recommend good property lawyers. Might be worth a call or two.