The branch of law concerned with transferring property from one owner to another.
Life happens. Whether you are considering buying your dream home, your first home, an investment property, vacant land, commercial premises, or you are selling a property you already own, sooner or later someone is going to ask the all-important question: Who is your conveyancing solicitor?
In law, conveyancing is a fancy word used to describe the legal process of transferring ownership of real property from one person to another. Conveyancing starts once you sign a contract (earlier if you want contract advice prior to signing) and continues through to settlement when the money and the keys change hands.
In some states of Australia it is possible for conveyancers to set up shop and undertake conveyancing independently of a solicitor or a law firm. In Queensland, conveyancing is typically undertaken by conveyancers who operate under the banner of a solicitor or law firm. We think it is advantageous for conveyancers to operate under supervision from a solicitor, since it gives you the best of both worlds. The conveyancer looking after your file can quickly and easily defer to a solicitor for assistance as required, but you are not paying a premium price for a solicitor to handle your file.
The conveyancing process typically involves the following tasks:
- Checking for encumbrances and restrictions on the property;
- Ensuring dates and special conditions mentioned in the contract are satisfied;
- Ensuring that rates, land tax and water consumption charges are apportioned and paid by the appropriate party;
- Arranging for the payment of fees and charges;
- Preparation of legal documents;
- Addressing any issues that arise and advising you accordingly.
At North Coast Law we have many talented conveyancers who are passionate about making your conveyancing process a stress-free experience from start to finish.
We look forward to working with you.