Yes. You cannot market your property for sale until your conveyancer has prepared the contract. Anyone who makes an inquiry or an offer on your property is entitled to ask for a copy of the contract and there are fines payable if a copy is not available on request. Therefore, if you are going to sell your property without the intervention of an agent then it is important to consult your conveyancer before you do anything further.
Settlements now occur via PEXA which stands for Property Exchange Australia. PEXA is a national online system which provides for electronic settlement of property transactions including payment of settlement monies, duties, taxes and any other disbursements and it also allows for electronic lodgement of dealings to the Land Registry Services office which will change over the ownership of the property. SettleMe by PEXA tracks settlement in real-time. Instant notifications keep you informed. We can keep you updated on the progress of your settlement whereby you can track your settlement.
Disclaimer: The answers to these frequently asked questions are for information purposes only and must not be relied on as a substitute for legal advice.