property conveyancing process

Commercial settlements can be complex and lengthy. C&R Settlements are Perth conveyancing experts, helping to demystify the commercial property settlement process for smooth, stress-free property transactions.

What is a commercial settlement?

Put simply, commercial property settlements are transactions that transfer ownership of a commercial property from seller to buyer. The branch of law related to commercial property transactions is called conveyancing. The job of a conveyancer, also called a settlement agent, is to smooth out the complex legal process involved in title transfers. Depending on which side of the transaction you’re on (buyer or seller) there are a number of steps and legal requirements that ensure the transaction is not only lawful but also completed in a way that maximises value for both parties.

Commercial property transactions can run into the millions, or at least the hundreds of thousands. Unlike residential settlements there can be implications for tax and business operation, so it’s important you understand the process and have the confidence in your conveyancer to get the best possible outcome.

Do I need a lawyer for commercial property settlements?

You don’t need a solicitor to complete a commercial settlement. However the process can involve numerous deviations from a standard contract, or complicated legal and financial obligations. So unless you’re a lawyer or have extensive experience in property settlements it is certainly advisable to contact a conveyancer.

With our experience and legal knowledge in commercial settlements, C&R Settlements help you avoid any of the potential pitfalls when buying or selling commercial property.

For efficient, honest commercial property settlement advice in Western Australia, look no further than C&R Settlements. Our team of passionate and dedicated settlement agents and conveyancers have over 60 years of combined experience to assist your journey from contract to settlement.

Call us today on (08) 6424 9788 to enquire.

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