Conveyancing is the process of transferring ownership of real estate from one person to another. It involves conducting due diligence on the property, reviewing and negotiating the contract of sale, and preparing and completing the necessary legal documents to complete the transfer of ownership.
The role of the conveyancer is to review and prepare the legal documents necessary for the transfer of ownership of a property, as well as completing various other tasks to ensure that the property is legally sound and ready for transfer. This can include conducting searches to ensure that there are no outstanding mortgages or liens on the property, reviewing the contract of sale, and assisting with the settlement process.
Before starting the conveyancing process, you should obtain a copy of the contract of sale, arrange for a building and pest inspection, and gather any other relevant documents and information, such as proof of identity and evidence of ownership of the property.
Some common issues that can arise during the conveyancing process include disputes over boundaries, issues with building and pest inspections, and the discovery of outstanding mortgages or liens on the property.
When choosing a conveyancer, it is important to look for someone who is experienced, knowledgeable, reliable and fast. You should also look for a conveyancer who is transparent about their fees and who communicates effectively throughout the process. It is also a good idea to seek recommendations from friends, family, or other professionals, such as your real estate agent or mortgage broker.
The length of the conveyancing process can vary, but it typically takes weeks to a few months to complete. The length of the process can depend on various factors, including the complexity of the transaction, the availability of relevant documents and information, and any issues that may arise during the process. With us, we complete the Contract and Section 32 within 24 hours or it’s free!
In most cases, it is recommended to use a conveyancer for the conveyancing process. A conveyancer has the necessary legal knowledge and expertise to ensure that the transfer of ownership is completed correctly and efficiently.
Yes, you can use a lawyer instead of a conveyancer for conveyancing services. However, conveyancers typically have more specialised knowledge and expertise in the legal aspects of property transactions, so they may be more equipped to handle the conveyancing process.
If the property hasn't been registered, the conveyancer will need to arrange for the property to be registered before the transfer of ownership can be completed. This may involve obtaining the necessary documents and information and completing the registration process with the relevant authorities.
While it is not legally required to use a conveyancer for the transfer of ownership of a property, it is generally recommended to do so. A conveyancer is a specialist in property law and can help ensure that the transfer of ownership is carried out smoothly and efficiently, while also protecting your interests.
Technically, you can do conveyancing yourself, but it is not recommended. Conveyancing involves complex legal processes and procedures, and it is important to ensure that the transfer of ownership is completed correctly and efficiently. Using a professional conveyancer or lawyer can help reduce the risk of errors or issues arising during the process.
The cost of conveyancing can vary depending on a number of factors, including the value of the property, the complexity of the transaction, and the location of the property. It is generally a good idea to obtain quotes from several different conveyancers to get a sense of the costs involved.
