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Finding a good conveyancer to assist you with the process will ensure a correct, and hassle-free procedure.
Whether you’re buying or selling a property, subdividing land, updating a property title, or registering an easement, finding a quality conveyancer to take charge of all the legal processes and documents involved, can ensure the process remains hassle-free.
A conveyancer is a licensed professional who provides advice and information with regards to the transfer of property ownership, as well as assisting buyers and sellers through the selling process. Conveyancers will organise all the appropriate documentation required for settlement, communicate with lenders and provide advice where possible.
It’s recommended you use a conveyancer when:
For the buyer of the property, a conveyancer will prepare necessary legal documents such as a contract of sale, or memorandum of transfer. They will conduct property searches, identify easements, outline the type of title, compute adjustment of the rates and taxes and act on your behalf to settle the property.
For the seller of the property, the conveyancer will ensure that all necessary legal documents are organised and completed. They will also be the one to represent you and respond to the queries of the buyer.
It’s important to note, a conveyancer is legally required to have professional indemnity insurance. This covers the conveyancer for any accidental potential mistakes or omissions that could result in the customer taking legal action against them.
Typically, conveyancing will involve three stages:
Once a conveyancer is hired, they will be able to help you with:
Conveyancing works differently in each state and territory in Australia due to different laws and practices. In Queensland and the Australian Capital Territory, conveyancers are usually also solicitors.
For new home owners, a conveyancer will:
For sellers, a conveyancer will:
Here’s a checklist to help you determine whether a conveyancer is right for you:
Referrals from your friends and family may help you to find a good conveyancer. You can also visit the Australian Institute of Conveyancers website to check registered and licensed conveyancers within your state or territory.
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