Sale of Land
Sale of Land
Selling property involves more than securing a buyer, it requires careful legal preparation to ensure the transaction proceeds smoothly and in your best interests. At Wakefield Lawyers, our experienced property and conveyancing team provides end-to-end legal support for landowners across Gippsland and beyond.
We offer clear, practical advice to minimise risk, ensure legal compliance, and deliver a successful settlement.
Legal Requirements When Selling Land
The first step in any property sale is the preparation of a Vendor Statement (Section 32 Statement). This legally mandated document provides essential information to prospective purchasers, including details about title, zoning, rates, and any restrictions affecting the property.
Once the terms of sale have been negotiated, a Contract of Sale of Land must be carefully drafted and executed. From there, our office will manage all necessary tasks through to settlement, including:
- Coordination with your real estate agent
- Discharge of any existing mortgage
- Adjustments to council and water rates
- Transfer of title and distribution of settlement proceeds
Our focus is on protecting your interests at every stage of the process.
Before Signing Anything — Seek Legal Advice
It can be tempting to sign a Contract of Sale as soon as it's presented by your agent. However, doing so without legal review can result in unintended consequences, such as financial exposure or compliance issues.
We strongly advise contacting our office before signing any documentation to ensure the contract reflects your interests and complies with all legal obligations.
Key Legal Issues We Regularly Advise On
- GST and Capital Gains Tax (CGT) considerations
- Disclosure of illegal or non-compliant building works
- Leases or other encumbrances affecting the property
Trust Wakefield Lawyers With Your Property Sale
Many legal issues cannot be remedied once a contract is signed. That’s why early legal advice is essential. Our team will ensure all documentation is accurate and complete, provide you with clear guidance throughout the transaction, and safeguard your financial outcome.
Contact Wakefield Lawyers today to arrange a consultation. We will ensure your land sale is handled with precision, efficiency, and professionalism.
Staff who can help with:
Sale of Land
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Eligible clients can access a flexible line of credit to cover legal fees and expenses related to separation or relationship property proceedings. You don't have to repay the loan until you reach a settlement, which we hope reduces the stress associated with paying costs upfront. Contact us for more information, or visit JustFund.com.au
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Through JustFund, eligible Executors and Beneficiaries can access flexible funding to cover these expenses as well as legal fees, with no repayments until probate is finalised. This helps ease financial pressure while ensuring the estate is preserved. Contact us for more information, or visit JustFund.com.au