Commercial Conveyancing

Buy or Sell Commercial Property with Confidence and Legal Clarity

Buying or selling commercial property involves complex legal obligations, financial considerations, and strict compliance requirements. From contract preparation and due diligence to final settlement, every detail matters.

At Garg Lawyers, our experienced conveyancing lawyers ensure your commercial transaction is handled strategically, efficiently, and with your best interests protected at every stage. We make the process clear, compliant, and commercially sound.

Legal Support When You’re Buying Commercial Property

Purchasing commercial property is a significant investment. Our lawyers guide you through the entire process, ensuring you understand your rights, obligations, and potential risks before you commit. We conduct detailed due diligence and manage every legal requirement to protect your investment from exchange through to settlement.

Buyer’s FAQs

Can I pull out of a commercial contract if I change my mind?
Unlike commercial property, there is generally no cooling-off period in commercial transactions. Once the contract is signed and exchanged, the buyer is legally committed. This is why we include a Due Diligence condition, allowing a defined period to investigate the property before the contract becomes unconditional.
Every commercial property has a council-approved use, such as Retail, Industrial, or Medical. A building may look suitable for your business but may not be lawfully approved for that purpose. We review the zoning or planning certificate to ensure your intended use complies with council requirements.
Commercial property is generally subject to 10 percent GST. However, this can often be structured as a “Going Concern” if the property is tenanted at settlement and both parties are GST-registered. We ensure the ATO requirements are properly drafted into the contract to avoid unexpected GST liability.
In most cases, the lease runs with the land, meaning the buyer becomes the new landlord at settlement. We conduct a detailed lease review to identify key clauses, including rights of first refusal and the transfer of bank guarantees or security deposits.
In addition to the purchase price, buyers must budget for transfer duty, which varies by state. There will also be settlement adjustments, including council rates, water, and land tax apportioned between buyer and seller.

Selling Commercial Conveyancing

Legal Guidance When You’re Selling Commercial Property
When selling commercial property, precision and preparation are key. Our lawyers ensure your contract is properly drafted, your legal obligations are met, and the transaction proceeds efficiently. We manage negotiations and settlement requirements to help you achieve a smooth and timely sale.
Our Services Include:

Seller’s FAQs

What do I legally have to tell the buyer?
Sellers have a duty of disclosure regarding title encumbrances, such as easements, unregistered leases, and certain zoning restrictions. Failure to disclose material facts or mandatory prescribed documents may entitle the buyer to terminate the contract. We assist with preparing a compliant Disclosure Statement.
Commercial settlements are conducted electronically through Property Exchange Australia. On settlement, funds are transferred digitally, the title is updated instantly, and any registered mortgage is discharged automatically.
Outgoings are adjusted at settlement. The seller is responsible up to the settlement date and the buyer thereafter. In commercial transactions, land tax is often adjusted on a single holding basis to ensure fairness.
If the sale is not treated as a Going Concern, the Margin Scheme may reduce GST payable by calculating it on the profit margin rather than the full sale price. This must be agreed in writing before the contract is executed.

Commercial transactions typically take 60 to 90 days due to due diligence requirements, valuations, and council searches. We can include “time is of the essence” clauses where appropriate.

Why Choose Garg Lawyers for Commercial Conveyancing

Commercial property transactions often involve higher values, complex lease structures, and detailed contractual terms. Without proper legal advice, you may be exposed to financial risk, compliance issues, or costly disputes.

Smart Contracts. Strong Legal Protection.

Our lawyers ensure your contract is legally sound, commercially practical, and aligned with your business objectives.

Always speak to a conveyancing lawyer before signing a Commercial Contract of Sale.

Our testimonial

Talk to a Conveyancing Lawyer Today

Whether you’re buying a commercial investment or selling business premises, Garg Lawyers is here to guide you through the legal process with clarity, strategy, and confidence.
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