Commercial Property Conveyancing

Commercial property transactions carry layers that residential conveyancing does not, from GST and leases to due diligence on the income the property produces. Licensed conveyancers and solicitors assist buyers and sellers of commercial premises who work across these transactions. For more complex commercial matters a solicitor is often the better fit, and the right professional depends on the legal complexity of the matter.

On a commercial purchase, the professional you can speak directly with reviews the contract and the GST treatment, which can differ depending on whether the sale is a going concern or subject to GST, and advises on how that affects the price and your obligations. They examine any leases in place, the rent and outgoings, the tenant covenants and the remaining term, because for an investment purchase the lease is often the value. They run the title and property searches, check for encumbrances and easements, and confirm zoning and any other interests that affect how the premises can be used.

Due diligence is the heart of a commercial transaction. The conveyancer or solicitor helps you structure the due diligence period, raises requisitions with the other side, and reviews the disclosure provided. They confirm that the contract for sale includes the prescribed documents required in NSW before you commit.

For sellers of commercial property, the professional prepares the contract, assembles the disclosure and lease documentation, responds to the buyer's due diligence and requisitions, and manages the settlement adjustments and discharge of any mortgage. Settlement is completed electronically through PEXA, the online platform used to lodge documents and transfer ownership, where the dealing can be lodged that way.

This service suits investors, owner-occupier businesses and developers buying or selling offices, retail, industrial or mixed-use premises across Sydney. Because commercial matters vary so widely, pricing is usually quoted on the specifics rather than a single routine fixed fee; the professional fee, and government charges, search fees and disbursements, are set out separately and in writing before you engage anyone. We are a conveyancing network and never set or charge the fee ourselves.

If you are buying or selling commercial property in Sydney, share a few details and a licensed conveyancer or solicitor will contact you, usually within one business day.