What is Conveyancing?
Conveyancing is the term for the legal and statutory processes required to effect the transfer of ownership of real estate from one person or entity to another.
The preparation, execution, verification and lodgement of numerous legal documents are important elements of conveyancing. Your conveyancer will clearly explain the meaning and importance of each document used in the conveyancing process. We encourage our members to use plain English, not complicated legal terms, to help you understand exactly what you are signing.
Drawing upon your instructions, your conveyancer will assist you to meet your legal obligations and protect your rights and interests.
What does a conveyancer do for you?
Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal building work, or outstanding rates and taxes. In order to obtain this information, your conveyancer will conduct the appropriate searches and inquiries on your behalf.
This is a list of some of the tasks a conveyancer will complete on your behalf. A conveyancer will:
- Verify your Identity
- Ask you to sign a client authorisation
- Search the Certificate of Title
- Search government departments and local authorities such as a local council
- Provide advice on the effect of the contract for the sale of land
- Prepare and certify legal documents
- Stamp required documents
- Calculate the adjustments of rates and taxes
- Prepare settlement statements
- Liaising with mortgagees and financiers
- Attend at settlement whether in person or electronically
- Store relevant documents
Some conveyancers also provide a range of services in relation to:
- Buying & selling commercial & industrial property
- Commercial and retail leases
- Contracts for the sale or purchase of a business
- Subdivisions and new titles
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