A conveyancer manages the legal process of transferring property ownership between parties. Their duties include preparing legal documents, conducting property searches, ensuring no restrictions or legal issues affect the property, handling funds during transactions, and coordinating with banks and other stakeholders to finalise the transfer.
How is a Conveyancer Different from a Solicitor in Property Transactions?
The main difference between a conveyancer and a solicitor in property transactions is their scope of work. Conveyancers specialise solely in property law and transactions, offering a cost-effective option for straightforward cases. Solicitors handle property transactions but can also address complex legal issues, such as disputes, that go beyond property law.
What are the Typical Costs or Fees Associated with Hiring a Conveyancer?
Conveyancer fees typically range from $780 to $2,500, depending on property value and complexity. Costs include a base fee for services, disbursements like property searches, and government fees such as stamp duty. Additional charges may apply for more complex transactions or unforeseen legal issues.
Do I Need a Conveyancer for Both Buying and Selling a Property?
You need a conveyancer for both buying and selling property to handle legal documents, property searches, and the transfer of ownership. For buyers, they ensure the property is free of legal issues. For sellers, they manage contracts and confirm all obligations are met for a smooth transaction.
Ready to make your property transaction smooth and stress-free? Contact our expert team at TNS Conveyancing or call us at (03) 9967 2659 for a free, no-obligation consultation today!