On this episode of No BS With Birchy, join Nathan Birch as he sits down with solicitor Belinda Sidorovski from Zenith Legal as they talk through the ins and outs of property law and purchase agreements for investors. There is a wealth of knowledge in this podcast and if you’re regularly purchasing properties, hear everything you need to know from a seasoned solicitor. 

Tune in as they cover the differences between a solicitor’s service and a conveyancer’s, how the laws differ per state and what to look out for, as well as how to go about reductions and some of the biggest risks for a deal falling through. There’s so much to unpack in this episode! 

Show Notes:

03:08 – No two transactions are the same
03:29 – The challenges of using conveyancers
05:53 – The differences between conveyancers and solicitors
07:38 – Solicitors are better equipped to deal with Investors complex transactions
08:45 – Last minute transaction mayhem & miracles
12:42 – Different state, different law (and they’re very different)
14:48 – Multiple deals in multiple states at the same time
15:00 – Security swaps – the difficult transaction
15: 34 – The delicate balance of deals with up to 50 parties involved
17:22 – Make sure your solicitor never does this
17:50 – What to be mindful of as an Investor
19:14 – The devil is in the detail – Belinda shares some ugly finds
20:28 – Nathan shares a recent property scenario
23:53 – Risks in transactions & how to prevent them
25:05 – Reductions and how to get them across the line 
26:30 – The biggest deal killer 

Listen to this week’s episode while you’re running an errand or on the road here.

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