What is conveyancing?
Conveyancing is the legal process you go through when buying a property.
Aside from legally transferring ownership, conveyancing can help you to identify and avoid potential problems with a property.
The role of the conveyancer includes:
- Giving advice on the property contract
- Facilitating searches on strata reports
- Ordering any pest and building inspections
- Arranging for the exchange of contracts for sale
- Negotiating with the vendors solicitor on the buyers behalf
- Arranging the settlement process and dealing with any difficulties that arise during the settlement period.
When choosing a conveyancer—either a solicitor or a specialist conveyancing company—make sure you know exactly what service they are offering, and what their qualifications are.
A low price can mean that the service is just the legal minimum of ‘filling in the forms’. Whereas a more expensive quote could cover advice throughout the process.
