What a Conveyancing Solicitor Can Do For You

BusinessLegal

  • Author Richard Shaw
  • Published November 28, 2015
  • Word count 579

Conveyancing is an important and necessary process when buying or selling a property. Often times, the services of a professional conveyance is called upon to make sure that their client’s rights are properly protected, as well as to make sure that both the buyer and seller meet all the necessary legal obligations.

Conveyancing solicitors are often responsible for the following things:

Preparation of the legal documents. The main role of a conveyancing solicitor, or firm, is to help draw up all the documents necessary for any real estate transaction to take place.

For sellers. This typically includes the contract of sale, vendor’s statement, as well as other further ancillary documents that the settlement process may require.

For buyers. Conveyancing solicitors will usually have to prepare all the transfer documents necessary for the rightful and legal transfer of the property. This includes all the documents necessary for the transaction to meet legal regulations in your territory or state.

Legal counsel. Of course, another particular area that conveyancing solicitors are good at is the legal leg work involved in the whole process. They’ll be the ones to help in making the right decision, as well as to make sure that the process is successful.

For sellers. When you’re selling any type of property, your conveyancing solicitor will help you include any particular conditions in the contract of sale. If you’re planning on buying another property right after the sale is finished, you can also arrange for the solicitor to help you include a means to make that easier for you in the contract. Solicitors may also help arrange the necessary legal documents, as well in contacting your mortgagee if necessary.

For buyers. On the other hand, if you’re buying, the conveyancing solicitor will help you with all the nuances involved in the seller’s contract of sale. The solicitor also has the necessary training and knowledge to help you arrange a settlement with your bank, as well as prepare all the mortgage documents well before the bank asks for them.

Ironing out the settlement details. Finally, a conveyancing solicitor will also be heavily involved in arranging the settlement’s final details.

For sellers. The conveyancing solicitor will be responsible for coordinating the proper time for settlement with the buyer, or their solicitor. In addition to that, the solicitor will also be the one to contact your real estate agent, or even you directly, so as to hand the keys over to the new owner.

For buyers. When buying, your conveyancing solicitor will also be the one responsible for coordinating the settlement on the set date. Your solicitor will also be in charge of making sure that your funds are in place and providing any documents that the bank may require. If you have the funds on hand, you’ll want to give it to the conveyancing solicitor a day or two before the settlement date. After the settlement, your real estate agent, or you, will be contacted by the solicitor for the keys to your new home.

Any one of these tasks is as complicated as the other, making it absolutely necessary to hire a conveyancing solicitor to help you make the process easier.

If you’re having a hard time choosing one, you can try comparing the available solicitors with each other using certain websites online to find out which ones offer the best combination of availability, price and skills that suit your needs.

For low cost conveyancing quotes, visit Conveyancing 24-7 to get a competitive conveyancing quote if you are buying or selling a house.

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