What is a Conveyancer?
Conveyancing is a process that almost anyone will go through for both buying and selling property. A conveyancer is basically a solicitor who assists with home settlement and the transfer of titles by ensuring a client is meeting all legal obligations. They also strive to protect their client’s rights throughout the buying/selling process. It’s recommendable to seek the services of a conveyancer no matter which side of the transfer you’re on because there can often be legal technicalities that are difficult to see coming. For example, if you’re buying a home, you may understandably assume that you have the right to do anything you want with your new property. This may not be true, however, in cases where another party may have an easement over your property.
Easements are often not intrusive and may simply involve a neighbor who has to access to a small part of your land for a harmless purpose. It’s also common for water companies to have easements on land so that nothing can be built over their pipes. While those with easements over property do not have possession of it in any form, they still have legal rights to some aspect of it which may become difficult. A conveyancer can help with this situation before it starts as well as handle many other tasks. The following are some ways conveyancers make life easier in the transfer of property.
From conveyancers in Brisbane to Belize, any of them will handle the preparation of all documents relevant to real estate transactions. For buyers, this will mean making sure everything is in order to ensure that the property is fully transferred to them while meeting all legal requirements for the territory.
Things can be a bit more complicated for the seller. A conveyancer will prepare a contract of sale and protect sellers from future issues by making sure all required conditions are met. They will also assist in preparation of the Vendor’s Statement. This statement will cover information related to mortgages, easements, and zoning. It does not cover the condition of the property or the accuracy of the title. While this statement and the contract of sale are the most important documents when selling a home, a conveyancer will also prepare any additional documents that may be necessary in certain circumstances.
In addition to preparing the necessary documents, a conveyancer will also offer general advice about any terms or legal questions one may have. It’s always recommendable to let a conveyancer do a final read through of any documents before signing them. They can also assure that all terms of a mortgage are finalized and that everyone involved understands the situation.
When it comes to property sellers, a conveyancer can arrange dates in the desired fashion. For those buying and selling property simultaneously, this service can be useful to take care of everything at once.
A conveyancer will, of course, ensure that all final concerns are addressed before agreeing to a settlement as well as arrange the most convenient meeting time for both parties. For buyers, the conveyancer will ensure that all necessary funds are ready to make the settlement. In the case of the seller, a conveyancer will make final arrangements to have titles, keys, and all other relevant items transferred to the buyer.
A conveyancer can also help settle arrangements with a buyer’s bank, eliminating potentially complicated processes. They will also ensure that a buyer only pays costs directly associated with the settlement, so there are no unpleasant surprises.
A professional conveyancer makes the process of property buying and selling easier for all involved. While it isn’t absolutely necessary to hire one for either process, it is highly advisable to avoid confusing processes that could lead to substantial hidden fees or other issues.