Do you really need a conveyancer? As a matter of fact, yes, you do.

September 10, 2018

Do you really need a conveyancer? As a matter of fact, yes, you do.

Buying or selling property is rarely a simple matter of exchanging money and transferring ownership. The whole process is often fraught with legal complexities that take up time to coordinate, especially when setbacks or disagreements arise.

It’s essential to have the right support, and this includes a conveyancer who can oversee the legal process of transferring property from one person to another. While you don’t have to use conveyancing services, doing so can save money, time and ensure the process is stress-free.

What Does a Conveyancer Do?

Conveyancers conduct a range of activities including:

  • Preparing and lodging legal documents, such as the contract of sale and memorandum of transfer.
  • Checking for encumbrances like easements, covenants and caveats, which might restrict what you can do with your property.
  • Calculating the adjustment of rates and taxes if the vendor has already paid a portion of council and water rates and needs to be reimbursed.
  • Attending the settlement to ensure all documents are correctly lodged and the balance of the money is paid.

Conveyancers also act as your representative, negotiating with vendors or agents on your behalf. This helps make the negotiation process less stressful and emotional for you.

Benefits of Using a Conveyancer

As experienced professionals, conveyancers know all the catches and loopholes to look out for, ensuring a smooth, hassle-free settlement. From making the necessary financial adjustments before settlement to understanding all the legal jargon found in the contract, you can be sure no mistakes will be made. They’ll explain the contract to you in basic terms so you can make fully informed decisions and know about any limitations.

Property rights are rarely simple. Many new homeowners go to build a shed once they have bought the property only to find out they aren’t allowed to because someone else has rights over it. For example, a water company may have an easement that prevents building over pipes. Real estate agents or developers might tell you one thing, only for the contract to stipulate something else.

Conveyancers Provide You With Peace of Mind

An experienced conveyancer will look after your best interests and take care of everything from reviewing legal and financial matters to dealing with vendors, real estate agents, banks, mortgage brokers, building inspectors and government agencies.  In many cases, they have established professional relationships with some of these people, which make it easier to complete processes.

For example, banks use special settlement teams instead of handling matters at the branch level. This arrangement makes it difficult for members of the public who are looking for information or following up on an issue.

Get in Touch With a Conveyancer in Melbourne

Dealing with properties, whether buying or selling, can be tricky. If you have any queries about encumbrances on property titles, or require conveyancing services in Melbourne, talk to the experienced team at Just Conveyancing.

Call us today on (03) 8580 2276 or contact us online.

Stay connected with us!