On 10 May 2010 11:50, Bec Carter <[email protected]> wrote:

> I'm very sorry for the off topic post but I need some help with a
> problem I'm having with a solicitor. I recently purchased a property
> and had a certain solicitor handle the matter. Upon settlement I
> noticed that the figures simply did not add up and the seller was in
> fact paid more than the 100% purchase price for some unknown reason. I
> have questioned the solicitor several times about this and have not
> received any reasonable response. They have also been extremely rude.
>

The settlement statement for the transaction should add up - however on the
place we bought at the end of last year the conveyancing solicitor produced
a document that was a complete load of cr4p that neither I nor Westpac could
understand. I ended up redoing the settlement statement myself and sending
it back to both parties.

If there was finance involved, then I would suggest talking to the bank as
they will have conveyancing people on board who are pretty switched on as
they do it day in and day out.

More than happy to accept the figures given they can be explained but
> cannot accept them without any explanation at all.  Is there somewhere
> I can report them to and have the matter followed up?
>

If it were me I would ask for a settlement statement for the transaction
from your conveyancing solicitor. That will break it all down for you.
Remember (at least in QLD) the buyer is liable for the stamp duty and the
seller is liable for the agent's fees. Also, if the bank is co-ordinating
they will be plugging every conceivable fee and charge in along the way
(property valuation, finance 'package' fees, etc, etc), registration fees
for mortgage, and so on.

Asking for property transaction advice on a programming list is probably not
a great first port of call but I think just staying cool and calm and
getting a complete settlement statement is the go. If you can't make sense
of that and if it still does not add up, then ring another conveyancing
solicitor and ask for an hourly rate to have the partner there give it the
once over.

-- 
David Connors ([email protected])
Software Engineer
Codify Pty Ltd - www.codify.com
Phone: +61 (7) 3210 6268 | Facsimile: +61 (7) 3210 6269 | Mobile: +61 417
189 363
V-Card: https://www.codify.com/cards/davidconnors
Address Info: https://www.codify.com/contact

Reply via email to