Property conveyancing is a procedure in which the title of a particular piece of property that has been sold is transferred from one person to the other. Conveyancing is a term that is used in many legal situations involving the transference of property, but it can also be used regarding electricity, gas, sewage and even water. There are three stages to this process that begins before the contract is signed, prior to the completion of the transference and what happens after the transference has occurred. Prior to entering, all of the necessary research needs to be done including a title search to make sure there are no loans or liens on the property that have not been disclosed, and that the property is in the condition that has been advertised. Prior to signing the contracts by a conveyancing solicitor, if financing needs to be obtained, all of this needs to occur before the documents can be signed. Once this paperwork has been filled out, the transference of the property will occur, and in exchange for money will also happen.
What Does A Conveyancer Do?
A conveyancer is a person that is licensed to do this particular type of job, specifically selling a property, preparing all of the documentation that is necessary and conducting the process of settling the transference. They don’t necessarily have to be a lawyer*, just someone that is fully licensed to do this type of work, and should have experience with not only selling and buying property, but also an individual that has worked with subdividing different types of land, updating titles, and changing or registering an easement. Their job is to prepare everything so that the legal documents are ready to be signed, and will also be in charge of researching the property regarding the certificate of title. Essentially, they need to make sure that the seller owns the property before such a transfer can occur.
*a lot of property conveyancers are in fact trained solicitors and “sell” their services as being done by a fully qualified lawyer as opposed to an unqualified person
These individuals are not that hard to find. They can easily be found by talking to your local real estate offices or searching on the web for individuals that offer these services. You can get a referral from someone that you know that has recently transferred property vis-à-vis a sale, allowing them to help you limit the research that you will need to do. Once you have found a couple of them, make sure that you do a little bit of talking, finding out more about each person. They are individuals that should be experienced, with multiple years in the industry, and should have a good reputation in your community.
Property conveyancing is something that is done every day, with thousands of pieces of the property-transferring hands all over the world. The documents that need to be prepared and signed, and completing the actual process, can be done very easily as long as you have the right person working for you. Do your research, and in no time at all, you will be able to buy or sell the property that you have in mind using one of these trained professionals.