Tuesday, 3 December 2019

A Brief Intro about The Role Of a Residential Conveyancer

Residential conveyancer helps property owners and sellers with all legal aspects of purchasing and selling of a property, both residential and commercial. Since people are not sufficiently knowledgeable about this process, they take the help of solicitors.

Moving into a new house or selling your property can be stressful. Conveyancer in Melbourne helps in making the task simpler for the owner and buyer of the property. The whole process includes the legal and administration follow-up that is required for the property to change hands.

Certain things can’t be done by themselves, and need the help of professionals like solicitors. Few tasks performed by the lawyers for property transfer include:
  • Clarification of issues with the title deed of the property
  • Ensure the relevant documents are signed and held until required
  • Fixing the completion date
  • Preparing cheques
  • Investigation of a property if it has any issues
  • Sending deposits and paperwork to seller’s solicitors
  • Requesting the mortgage funds
  • Arranging payment of stamp duty
  • Filing ownership with the land registry
  • Finalizing all required documents and paperwork
  • Sending the copy of the agreement to both buyer and seller
There is no fixed time for the conveyancing because it varies with each case. Every case has different circumstances and a set of complications that might arise during searches and inquiries. If everything goes right, the process can be completed in around 8 weeks.

Along with solicitors, the buyers also have an important role to play. They need to survey the property and organize property insurance from the day of the signing of the agreement. Once all the legal formalities are completed, one can plan to move-in.

If you need help in buying or selling a property, you can get in touch with leading professionals in your city and areas nearby. You can get their details from their official website, which has a contact number, email address and their store address as well. You can book a meeting and have a detailed discussion of your requirements.

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