Zeina Touma is the Principal Solicitor at Zeina Touma Solicitors, a boutique Sydney and Gold Coast law firm specialising in property, conveyancing, and leasing based in Sydney’s Inner West. With over 21 years of experience in several large law firms, both in Australia and the UK, Zeina chose to open her own firm. In this episode, she discusses the role of a solicitor in a property purchase especially the question: “what is stamp duty?
Episode Outline
00:00Disclaimer
00:17Introduction
01:14Getting to know Zeina Touma
02:05What is a conveyancer?
02:38What is a solicitor?
03:12When do you need a conveyancer and a solicitor when buying a home?
03:52What do first home buyers need to consider when choosing a conveyancer?
04:08What are the types of grants that are available to first home buyers?
05:42What is Stamp Duty?
06:45What is Contract of Sale?
08:23What is exchange and when does it occur?
09:13How does the cooling off period work?
09:47What is settlement and when does it occur?
10:29Important reminders when buying a home
12:31Stage when you need advice from a conveyancer
13:55Why you need to have a building and pest inspection report
18:12What is a strata report and why you need to receive one
20:02The sinking fund and capital works fund
20:47Common pitfalls for first home buyers during the conveyancing process
24:343 tips for first home buyers from our guest
Show notes
Zeina Touma is the Principal Solicitor at Zeina Touma Solicitors, a boutique Sydney and Gold Coast law firm specialising in property, conveyancing, and leasing based in Sydney’s Inner West.
With over 21 years of experience in several large law firms, both in Australia and the UK, Zeina chose to open her own firm. In this episode, she discusses the role of a solicitor in a property purchase, what the difference is between a solicitor and a conveyancer, how to avoid potential pitfalls, and answers the question: “what is stamp duty anyway?”
