Conveyancing is the process of legally transferring property ownership from one party (seller) to other (buyer). The process stars with making an offer and ends with the seller handing over keys of the property to the buyer and is generally done by a conveyancer in Melbourne. Hiring a professional would help you prepare yourself for unpleasant surprises and make the whole process quick and hassle-free.
The different tasks performed by a property solicitor in Melbourne are
- Drawing documents: The primary role of a property solicitor is to prepare all legal documents required for the whole process. The conveyancer needs to prepare the contract for sale that includes all special conditions so that conflicts can be avoided in the later stage. A vendor statement should also be prepared after conducting title and planning searches. The buyer needs transfer documents so that the property is transferred rightfully and legally on the buyer’s name.
- Legal Advice: The lawyer would help both parties to take right decisions and navigate the whole process till end. Solicitor should include all the special conditions in the contract of sale. These professionals also help in collecting all the documents required to complete the transaction. The conveyancer works on behalf of the buyer and advices on terms and conditions of contract of sale. The experts also point on special terms that you should be aware of which applies to vendor’s contract too.
- Arranging settlement: The solicitor helps to arrange the final settlements of the deal. The seller’s conveyancer will coordinate a proper time with the buyer’s representative. After the settlement is done, the conveyancer would ask the seller to hand over the keys. The conveyancer would be in touch with buyer’s bank to make sure the funds are released on the day of settlement.
The three jobs of the conveyancer help you to make the deal with ease and tension free.
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