Key Functions of Your Conveyancer or Solicitor
Key Functions of Your Conveyancer or Solicitor
If you’re new to the property market, you may not know the importance of having a competent conveyancer or solicitor on your side. So, what is conveyancing and how can you ensure you’re putting your trust in a reliable professional? Conveyancing describes the legal process of transferring ownership of property from one entity to another. It is important to choose a conveyancer that is highly experienced and yet can communicate with you in easy to understand language using no complicated legal jargon. A Conveyancer will typically carry out the following functions for the purchase of your property: 
  • Initial analysis and advice on the contract of sale
  • Title searches on the property
  • Advice on particulars of the contract
  • Preparation of legal documents
  • Advocate for the purchaser on dealings with the vendor
  • Calculation of rates and taxes 
  • Communicate with lender to arrange settlement
  • Preparation of documents
  • Attendance at settlement
 Because a conveyancer or solicitor has such an important role in your property transaction, you need to be clear on the following attributes before engaging them. You may want to ask about: 
  • Fees and charges
  • Their experience in the type of property you are considering
  • Confirm they are a member of the Australian Institute of Conveyancers
  • How often they will communicate with you
 Asking friends and family is often a good way to find a reliable conveyancer. If you aren’t successful through referrals, get a list of conveyancers and go through a short interview process, just as you would for a real estate agent or property manager. 
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