Conveyancing: Some of the Basics

You have spent countless hours researching, gone to what feels like one thousand inspections and endured the highs and lows of house hunting, but now, finally, you’ve found your dream home!

Now you need to get down to the nitty-gritty, formal process of actually purchasing the property. Knowing the ins and outs, being able to handle deadlines and deciphering legal jargon can be difficult – this is where a conveyancer can help.

A conveyancer is a licensed professional who, provides legal advice and information about the sale or purchase of a property, prepares the documentation and conducts the settlement to make navigating the process of buying or selling a whole lot easier.

Buying a propety? Your conveyancer will prepare, clarify and lodge documents for you. They will research the property including information about easements and locate the certificate of title and the type of title. They will also calculate adjustments of tax and rates, settle the property on your behalf and represent your interest with a vendor or agent.

Selling a property?  Your conveyancer will, complete the legal documents and ensure they are all sorted, represent you and respond to requests from the buyer and navigate any issues which may arise.

Real estate agents will ask buyers and sellers to provide the details of their conveyancers early on, so it’s important to be prepared and have one ready

We strongly recommend that you seek independent legal advice before you sign any form of contract to ensure your agreement and any issues relating to the purchase or sale are adequately dealt with in the terms of the contract.

A typical conveyance transaction consists of three stages:

  1. Before contract.
  2. Before completion.
  3. After contract.

Once your conveyancer has helped you through the formal process, you can relax knowing your property has been successfully sold!

If you are buying or selling a residential or commercial property, Brandon & Gullo Lawyers can offer you straightforward and practical property law advice. Give us a call today.