A conveyancer can perform work relating to transferring property ownership. Transferring property ownership affects different parties and a conveyancer can help to make the process far easier.
During a property sale, it’s not unusual for the buyer and the seller to seek out their own conveyancer. The conveyancer is there to represent the best interests of the party they are looking after. For example, a buyer’s conveyancer may look to identify the different conditions of the sale. The conveyancer will help the buyer to understand the full extent of the contract as well as the possible implications of the conditions.
Additionally, a conveyancer can also assist with transferring property title where a sale may not be involved. For example, adding a loved one to the property title, a transfer involving a deceased person and transferring the entire title to a friend, family member, business partner or a trust. Remember that a conveyancer is a property law expert and if you have any questions about a property sale or transfer of title, you should speak to a conveyancer.
Conveyancing work can include:
- preparing documents such as leases and contracts of sale
- helping you to understand contracts of sale and other legal documents
- lodging legal documents
- helping you fulfil your legal obligations when transferring property ownership
- exchanging contracts
- organising surveys, building inspections and background checks on the property, certificate of title and the seller
- organising the registration of title documents
- helping you to take advantage of cost savings such as exemptions and grants
- overseeing settlement including depositing money into a trust account, calculating the adjustment of rates and taxes
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