A conveyancer plays a crucial role in ensuring a smooth transfer of property ownership from a seller to the purchaser. They provide legal advice to both parties throughout the process, identifying and addressing any legal issues that arise along the way. They are responsible for overseeing the entire legal process and are essential to the success of any property transaction.
It’s important for both the seller and the buyer to engage a professional conveyancer as they facilitate communication and take care of the process once the sale has been agreed upon. The conveyancer’s role includes negotiating contract terms, facilitating settlement, and ensuring that funds are settled in relation to the purchase. Without their extensive knowledge of the industry, it can be difficult to navigate the legal requirements and obligations when issues arise with the purchase.
DIY conveyancing is not recommended as it can lead to a painful and time-consuming process. It also carries a significant risk of missing important legal requirements.
A conveyancer assists with all of the necessary paperwork and legal obligations involved in a property purchase or sale. They can also assist with legal structures such as setting up a ‘tenants in common’ or ‘joint tenants’ relationship when purchasing with someone else. Additionally, they can set up the property as an investment or in a self-managed super fund.
