Residential conveyancer is a professional who helps you in the legal process of purchasing or selling of a house. You need to appoint a solicitor to work on your behalf as you are not completely familiar with complete process. If you are selling a property, your buyer will also need a lawyer to represent them on their behalf.
- Land registry searches of property you intend to buy
- Search of government department and local authorities about details of home
- Preparation of legal documents for your property
- Stamping of required documents
- Inspections and specials conditions mentioned in the agreement are met before the deadline
- Calculations of adjustments of rates and taxes
- Preparation of settlement statements
- Agreement with financiers
- Attendance at settlement
Experts suggest that you appoint a qualified professional for this purpose. You should check that the conveyancer has a settlement agent’s license and a triennial certificate. Few of them may work for settlement agencies while others provide advice and information about the property you are dealing with.
The primary work of a conveyancer is to guide their clients through sale or purchase. They can also assist you with
- Related party transfers: If you are transferring a property to a family member, you should go for related party transfer, not a regular settlement. This option would be cheaper and simpler for you and it would take less time when compared to a normal conveyancing procedure.
- Private sales: If you wish to buy or sell a property without involving a real estate agent, the conveyancer can help you by creating documents of offer and acceptance.
These two are the basic functions that a conveyancer can do for you. They may assist in cases when one of the parties is deceased and there is no will for the property left behind them.
