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Buying Or Selling Property? What Is The COVID-19 Impact On Settlements?

Conveyancing

With the ongoing COVID-19 restrictions, there has been a refocus on electronic settlements for conveyancing matters in Queensland.

Duncan Murdoch, Quinn & Scattini Lawyers’ Director and Team Leader of the Business, Property and Conveyancing Teams sets out the current situation for conveyancing settlements:

“In Queensland, settlements can be effected by either physically attending settlements where there is a physical exchange of bank cheques for documents or to deal with settlements electronically using the platform known as PEXA (Property Exchange Australia).

With the government having issued guidance for many people to work from home, arranging and attending physical settlements is more difficult than is was pre- COVID-19 and we are seeing more electronic settlements being undertaken. Electronic settlements offer certain advantages to a seller and a buyer including monies being paid into accounts on the day of settlement and registration of title taking place on the day of settlement.

Quinn & Scattini has been operating as normal throughout the COVID-19 crisis and are able to assist seller and buyers by settling electronically or by physical attendance. We obtained PEXA accreditation over 12 months ago and so were already set up to handle the challenges that COVID-19 threw at us. With the Titles office having closed its public counters for lodgements, we were also in the beneficial position of already operating e-lodgement of documents to the Titles Office.

For Quinn & Scattini it is very much business as usual.”

How We Can Help

Buying or selling a property is likely to be one of the most significant financial transactions that you may ever undertake. This is when you need expert legal advice that you can rely on. Here at Quinn & Scattini we focus on quality service at reasonable prices, as opposed to quantity.

Our expert conveyancers are not confined to one location and can work with you no matter where you are based, or where you are buying or selling in Queensland or New South Wales. Whether it be from Brisbane to Burleigh Heads, or Cleveland to Crows Nest we have you covered.

Our team of lawyers are experts in their field and go above-and-beyond to deliver the best result, each and every time. We are proud to provide 5 star customer service to our clients.

As one of our clients stated “Invest in the best – Q&S“.

Contact Us

Need the best conveyancers in town? Contact Quinn & Scattini Lawyers on 1800 999 529, email mail@qslaw.com.au or submit an enquiry below. Need an instant 24/7 quote? SMS “Buying” to 0408 738 668 or “Selling” to 0427 501 601.

This article is for your information and interest only. It is not intended to be comprehensive, and it does not constitute and must not be relied on as legal advice. You must seek specific advice tailored to your circumstances.

Conveyancing Queensland

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