Abu-Samen & Co Legal — Lakemba
Abu-Samen & Co Legal is a trusted law firm based in Lakemba, NSW, specialising in conveyancing and property law. Serving clients in Belmore, Wiley Park, Punchbowl, Greenacre, and Mount Lewis, the team provides expert support for buying and selling property, contract review, and settlement assistance. Located at Suite 1, Level 1, 40 Haldon Street, Abu-Samen & Co Legal is committed to guiding you through every step of your property transaction with clear advice and personalised service. Whether you’re purchasing your first home or selling an investment, their local knowledge and legal expertise ensure a smooth process from start to finish
Contact
L1, Suite 1/40 Haldon St, Lakemba NSW 2195
+61 410 464 501 Visit Abu-Samen & Co Legal websiteServices offered
Law firm
Service area
Lakemba, Belmore, Wiley Park, Punchbowl, Greenacre, Mount Lewis
Contact this business directly using the details above.
Conveyancing FAQs
What are the key property searches required when buying a home in Lakemba NSW?
When purchasing property in Lakemba, essential searches include title searches to confirm ownership, zoning and council restrictions, and any outstanding rates or charges. Additionally, a strata report may be necessary for units or townhouses to check for levies and by-laws.
How is stamp duty calculated for property transactions in Lakemba NSW?
Stamp duty in NSW is calculated based on the property's purchase price using a sliding scale set by the state government. First-time buyers may be eligible for concessions. It’s important to factor in stamp duty costs during settlement, as it must be paid within three months of the transaction date to avoid penalties
What are the cooling-off rights for buyers in Lakemba NSW?
Buyers in Lakemba have a five-business-day cooling-off period after signing the contract for residential property purchases. During this time, buyers can cancel the contract but may forfeit 0.25% of the purchase price as a penalty. This period allows buyers to reconsider their decision or conduct further due diligence.
When does settlement typically occur in Lakemba property transactions?
Settlement in Lakemba usually takes place 4 to 6 weeks after the contract exchange, allowing time for final inspections, mortgage arrangements, and legal paperwork. Both buyer and seller must meet their obligations by this date, including payment of the balance and transfer of ownership, to complete the sale smoothly
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