SHELLEY RACINE & ASSOCIATES — Chelsea
Shelley Racine & Associates is a trusted legal firm based in Chelsea, VIC, specialising in conveyancing and property law. Serving Chelsea and nearby suburbs including Bonbeach, Carrum, Edithvale, Aspendale, and Mordialloc, they offer expert support for buying and selling property, contract review, and settlement assistance. With a strong focus on property transactions, their experienced team ensures smooth and efficient processes for clients. Shelley Racine & Associates holds a perfect 5-star rating from 5 reviews, reflecting their commitment to quality service and client satisfaction. Located at 1 Avondale Ave, Chelsea, they are your local choice for reliable conveyancing and property law advice
5 on Google (5 reviews)
Contact
1 Avondale Ave, Chelsea VIC 3196
+61 3 9772 1000 Visit SHELLEY RACINE & ASSOCIATES websiteServices offered
Legal services
Service area
Chelsea, Bonbeach, Carrum, Edithvale, Aspendale, Mordialloc
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Conveyancing FAQs
What is the process for property settlement in Chelsea VIC?
Settlement in Chelsea, Victoria, typically occurs 30 to 90 days after the contract is signed. During this time, both parties complete necessary tasks such as final property searches, arranging finance, and preparing legal documents. On settlement day, the buyer pays the balance, and ownership is transferred.
Do I have to pay stamp duty when buying property in Chelsea VIC?
Yes, stamp duty is payable on property purchases in Victoria, including Chelsea. The amount depends on the property's value and whether you qualify for any concessions, such as first-home buyer exemptions. It’s important to factor stamp duty into your budget and consult a conveyancer for accurate calculations
What cooling-off rights do buyers have when purchasing property in Chelsea VIC?
Buyers in Victoria, including Chelsea, have a three-business-day cooling-off period after signing the contract. During this time, the buyer can cancel the contract but may forfeit 0.2% of the purchase price as a penalty. This period allows buyers to reconsider their decision or conduct further due diligence.
Are there specific property searches recommended before buying in Chelsea VIC?
Yes, conducting property searches is crucial in Chelsea to uncover any restrictions or issues. Recommended searches include title searches to confirm ownership, council zoning and planning permits, and any outstanding rates or charges. These help ensure the property is free from legal or financial encumbrances before settlement
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