Can I do my own commercial conveyancing?
The risks associated with undertaking your own conveyancing as a seller is that if you omit or overlook any document or disclosure that is required to given the purchaser may avoid the contract and you may still be liable to pay the estate agent’s commission.
As a purchaser, it is important to note that it is not uncommon for documents and disclosures to be omitted from a section 32 and accordingly you must have regard to what documents the section 32 should contain, as much as what documents is does contain, which something that generally only experience will allow you to do. In addition to assuming responsibility for a defective property, you may also become liable for the vendor’s GST liabilities, backdated land tax and other charges if you are not aware of all the certificates you need to obtain before settlement.