In a nutshell, a conveyancer is someone who is specifically trained and qualified to handle the transfer of real estate from one person to another.
They provide you with professional legal advice on property transfers and conduct the official legal work involved to ensure your purchase or sale is conducted smoothly.
In a typical sale or purchase, there are three stages to the conveyancing process:
- Pre-contract
- Pre-settlement
- Post-settlement
During these stages of your conveyance, there is much for a conveyancer to do, including (but not limited to):
- take your detailed instructions;
- assist with negotiating the terms and conditions of your contract of sale;
- review the contract of sale and Section 32 Vendor Statement before you sign it and provide you with detailed advice;
- research the property, undertake a title search and obtain certificates relative to the property;
- prepare all the required Land Titles Office and State Revenue Office documents to enable your property transfer, sale or purchase;
- attend to stamp duty assessments;
- liaise with your bank, the other party’s legal representative or conveyancer and the real estate agent in order to effect settlement;
- apportion rates and outgoings between you and the other party;
- complete the settlement on your behalf; and
- notify the relevant rating authority, water authority and the State Revenue Office in the change of ownership.
If you would like to discuss any aspects of the role of a conveyancer or enquire about any other type of property dealings, we can assist you.