There are a number of differences to take into consideration between residential and commercial property conveyancing in Darwin and across the Northern Territory. The highly skilled Tschirpig Conveyancing team has the answers you need. Our more than 30 years of experience means that you can trust our expertise throughout the entire conveyancing process. Keep reading to explore the key differences and feel free to get in touch with our team for professional NT conveyancing services.
Different Restrictions and Regulations
When buying property in Darwin for commercial purposes, there is almost always more due diligence that needs to be done than there is for residential conveyancing. Commercial properties will have more covenants, restrictions and regulations placed upon them by both the state government of the Northern Territory and by the federal government. This can take many different forms, including zoning requirements, land use restrictions, land tax implications and much more.
An experienced Northern Territory conveyancer will have the skills and knowledge to handle this process for you, and will take the time to explain anything that you need clarified. Make sure you hire professional NT conveyancing services before beginning the process of buying or selling property in Darwin or the greater Northern Territory.
Commercial Conveyancing Involves Higher Costs
There tend to be higher costs to consider when looking at commercial conveyancing as opposed to residential conveyancing. The GST applicable will need to be accounted for during the process, as will the likely more expensive repair and maintenance costs.
Differences in Leases
Commercial leases tend to be more specific and complicated than residential leases. Options, rent increases and who pays for the upkeep of the building are just a few of the matters most often addressed in a commercial lease. As such, it’s important to have an experienced conveyancer look over the lease at some point during the process.
Ensure you hire experts for assistance with conveyancing in Darwin and the Northern Territory. Get in touch with the team of here at Tschirpig Conveyancing by contacting us online or calling 08 8995 4900.
