What is a conveyancer and what do they do?

If you are unsure what a conveyancer is and what they do, here is a brief overview.

What is conveyancing?

When a property transaction takes place, the land ownership is transferred from one person or entity to another. Conveyancing is a legal process used to execute these transfers. Both buyers and sellers require a conveyancer or solicitor to guide them through the process.

A conveyancer generally provides the following services:

  • Search and confirm the Certificate of Title
  • Review the Contract of Sale or purchase
  • Complete and execute the documents to facilitate the buy or sell transaction
  • Communicate the transaction with the buyer’s or vendor’s conveyancer, depending on who they are acting for
  • Assess and review the mortgage contract
  • Manage the settlement booking with the bank and other parties involved
  • Process the stamp duty payment
  • Adjust any necessary rates and taxes
  • Calculate and determine the Statement of Adjustments
  • Complete the settlement on your behalf

What helps determine a good conveyancer?

There are many great conveyancers, but to ensure you meet the right one, here are a few questions you may want to ask:
  • Are you a member of the Australian Institute of Conveyancers?
  • How long have you been a conveyancer?
  • What type of property do you specialise in?
  • Do you know how to process off the plan settlements?
  • Can you review our Contract of Sale? (This helps you learn how well they know property law)
  • What are the fees and charges and what services do they cover? (cheap doesn’t mean better, but you want to know if there are any additional costs in advance)
  • How will you service me and when do we need to talk?
If you’d like to learn more about property investment or be introduced to an independent conveyancer, please don’t hesitate to contact us.

Do you want help buying a home?

At Crest Property Investments, we help source properties for buyers. If you’d like to learn more about buying a property, please don’t hesitate to contact us. We would welcome the opportunity to help with your property purchase. Our YouTube channel and Market Insights also provide a wealth of information to assist you with many areas relating to property. www.crestproperty.net.au While we have taken care to ensure the information above is true and correct at the time of publication, changes in circumstances and legislation after the displayed date may impact the accuracy of this article. If you want to learn more please contact us. We welcome the opportunity to assist you. August 2020

Before you go

Check out some of our awesome properties, or if you need some property advice drop us a line, our service is completely free.

Compare listings

Compare