What will the conveyancer do for me?
Conveyancing is the process of transferring the legal ownership of property from one person to another. Your conveyancer is a legal professional employed by you to look after your interests when buying or selling property. The things that your conveyancer will do for you include:
If you are buying:
- Looking over the contract before the exchange and discussing it with you to make sure that your requirements are fully covered.
- Searching records of the local council and other government authorities, to check if there are any problems with your property.
- Negotiating on your behalf with the seller’s solicitor and other parties to resolve any problems.
- Calculating adjustments to the purchase price to account for rates and any other costs payable by the seller.
- Arranging settlement (finalisation of the purchase) and ensuring the property is transferred to you.
If you are selling:
- Preparing the marketing contract and ordering the required disclosure documents.
- After the purchase is negotiated the conveyancer will finalise the contract and arrange exchange to make the deal binding.
- The conveyancer will then carry out the required procedures and guide you through what is required to take the matter to completion (Settlement).
When should I engage a conveyancer? (I don’t want to have to pay a lot of fees if the transaction doesn’t go ahead).
Even if you are experienced in dealing with property you should contact your conveyancer early. That means, ‘before you start looking’ if you’re buying and ‘before you list the property with an agent’ if you are selling. Your conveyancer will be happy to discuss any issues you should consider before entering into a transaction, such as:
- The costs involved with your conveyance and any other expenses you should budget for to ensure your purchase goes smoothly.
- What the banks requirements will be to enable the conveyance to proceed.
- Any special requirements you may be considering in relation to the property and how that should be reflected in the contract.
How much will it cost me?
Our costs are dependent on the amount of work involved to complete the transaction and the outlays required. These two items can vary depending on a number of things including the type of property, the local government area in which the property is located and the use of the property.
At AMS Conveyancing NSW our promise is to provide our clients with a total costing of the work from the outset so there are no nasty surprises. So we need to find out a few details about your transaction so that we can give you a complete figure.
To get a detailed quote please phone 1300 556 939 or request a quote.
What do I need to do when buying a property?
You will need to cover the things we don’t do, including:
- Arranging your finance and ensuring the required funds are available in time for settlement.
- Inspecting and evaluating the property to ensure it suits your needs. This includes arranging building and pest inspections, valuations etc.
- Researching the property and surrounding district to ensure that there no proposed developments in the area that might adversely affect your property.
- Arranging removalists, connection of power, gas etc.
The information and opinions contained in this website are for general information only and are not intended to constitute legal or other professional advice, and should not be relied on or treated as a substitute for specific advice relevant to your particular circumstances. AMS Conveyancing NSW will not be responsible for any loss that may arise from reliance on materials contained in this website and we make no warranty or representations regarding the quality, accuracy, or fitness for purpose of any material on any websites referred to in this website.