Conveyancing for sellers – What you must know

October 25, 2018

Conveyancing for sellers – What you must know

There’s a lot of factors to consider when selling a home, from advertising to showing your home to potential buyers and considering the settlement process at the end. This final part of the property selling process is not one that should be rushed through without the proper professional assistance.

The settlement process is complex and often fraught with last-minute errors and disputes. To avoid this happening, most smart sellers and buyers work with a professional conveyancer. Selling your property can be exciting, but it’s essential to ensure all the right precautions and due diligence is being conducted to protect everyone’s rights and ensure a smooth transaction.

Conveyancing Processes When Selling a Home

There is a range of documents and processes to undertake when transferring property ownership, much of which is complicated and time-consuming. Preparing the contract of sale, also known as the Section 32, is one of the most important parts of transferring property and can be fraught with complications and legal pitfalls if you don’t know what you are doing.

Conveyancers can ensure this process is efficient, stress-free, and accurate. They will ensure all legal documentation is completed correctly and on time to prevent delays in the sale, and liaise with buyers and agents regarding any concerns or questions about the title, so the process is clear and transparent for everyone.

Benefits of Using a Conveyancer

From taking care of documentation to handling buyer queries, conveyancers can help sellers in a variety of ways and make the property transaction hassle-free. They can also assist by conducting the following activities:

  • Conduct searches with all necessary authorities to find information about a property such as title restrictions.
  • Provide financial guidance regarding related expenses like legal fees, council rates, transfer fees and stamp duty.
  • Draft contracts that set out the terms and conditions for a property sale and negotiate with the other party and/or their representatives. They may discuss which areas of the contract are covered by whom, for example, damage done to the house in between inspections.
  • Meet with banks or other financial institutions to ensure that all transaction information has been accounted for and discuss necessary cheques for settlement, title details needed to prepare mortgage documents and other adjustments.
  • Pay associated costs on your behalf, such as stamp duty or real estate agent commission fees.

Your conveyancer is there to represent you and ensure your interests are protected at every stage of the settlement process. Both parties want the best deal possible and hiring expert help is the surest way of getting the best outcome possible.

Get in Touch With a Conveyancer in Melbourne

Dealing with properties, whether buying or selling, can be complicated and time consuming, even for experienced investors. From preparing legal documents and overseeing the negotiation and settlement processes, if you need quality, reliable conveyancing services in Melbourne, talk to the experienced team at Just Conveyancing.

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


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