Conveyancing is an important part of buying and selling a property. It is the process of legally transferring ownership of a property from one person or entity to another.
This process will require a Conveyancer or a Solicitor.
A Conveyancer is a licensed and qualified professional, whose job it is to provide advice and information about the sale of a property. They prepare the documentation and conduct the settlement process on your behalf. Conveyancers can be lawyers, and often Solicitors undertake this work.
For a purchaser, a Conveyancer will:
- Prepare, clarify and lodge legal documents, such as the contract of sale and the memorandum of transfer
- Research the property and its certificate of title
- Check for easements, type of title and any other information that needs addressing
- Will hold or transfer the deposit money into a trust account
- Will calculate the adjustment of rates and taxes
- They represent your interest with a Seller or their agent
- Contacting your bank or financial institution to book in Settlement / arrange when final payments are being made
- They will Settle the property by acting on your behalf, advising you when the property is settled
One of the major roles of a conveyancer is to help to arrange the final details of the settlement. The seller’s conveyancer will coordinate a proper time for settlement with the buyer’s conveyancer. The settlement date is laid out in the Contract of Sale, but the conveyancers can coordinate the ideal time for both the seller and the purchaser.
With access to numerous properties from a plethora of developers in various locations and price ranges, Which Property can offer you a choice when it comes to selecting a property that meets your financial and personal needs.
Contact Which Property today to make an obligation free appointment. If you would like to speak to someone about your Conveyancing needs, we have a network of reputable Solicitors we can refer you to.
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