A great conveyancer will take the stress out of transferring real estate from one individual to another. The conveyancer’s role is to ensure that you do what you need to do when you need to do it. They’ll work with your lending providers or bank to make the process of buying and selling as easy as possible. Conveyancing is a legal requirement for all property transactions and whilst you could technically do it yourself, here’s our guide to why you should engage with an expert Sunshine Coast conveyancer when buying and selling property.
What Is a Conveyancer?
A conveyancer is an expert who specialises in the legalities of buying and selling property. Conveyancers work with lawyers to carry out the legal process and provide legal advice and guidance throughout the process. It’s important to know that your conveyancer has the appropriate legal qualifications and are PEXA members for that added convenience of online property settlement. They can help you to understand what your legal obligations and in unusual or tricky circumstances, they can help you to find the best solutions for your specific situation.
Why Do You Need a Conveyancer?
A conveyancer is essential to any property transaction to ensure that all parties involved are on the same page. When it comes to purchasing or selling a property, emotions can run high. You may have sold the family home or perhaps you’re buying your first apartment. Either way, you need a trusted conveyancer to handle the process so that your property transaction is smooth, stress free and doesn’t cost you money in hidden contracts.
Conveyancers in Queensland offer many services related to your property purchase or sale. These include reviewing contracts to drafting legal documents and working with financial institutions. They have everything you need to get your deal done quickly and smoothly.
How to Choose the Right Conveyancer
When choosing a conveyancer on the Sunshine Coast, it’s crucial to consider some of the following factors. Qualifications, memberships, and experience of the conveyancer, their local knowledge specific to local government laws, and their willingness to communicate openly throughout the process.
So here are some tips for finding a conveyancer who you may like to engage to buy or sell your next property:
- Choose a conveyancer who is experienced in property law in your state or territory. Remember, property law can vary between different Australian states. What occurs in Queensland may be different in Victoria.
- Consider asking for references or checking out Google reviews, remember to look at both the good reviews as well as any not-so-good reviews.
- Be specific about what you need help with (e.g. selling your home, buying a property) and what kind of advice you would like the conveyancer to provide (e.g. price comparisons, legal advice, or contract review).
- When choosing a conveyancer, it is essential to consider several factors, including the time commitment required, credentials and experience of the individual, and their willingness to work with you closely throughout the process.
While a licensed property conveyancer doesn’t have to be a solicitor, it’s worth noting that a conveyancing solicitor is a qualified legal practitioner and can handle all aspects of property law associated with the buying and selling of property, including advising you on and dealing with complex legal matters that may arise from such a transaction.
What Happens During the Conveyancing Process?
Once you have found a conveyancer and the process begins, your conveyancer will work closely with your solicitor to progress the transaction as quickly and efficiently as possible. As we said earlier, your conveyancer will instruct you of what you need to do and when you need to do it. They will also inform you of all changes and developments so that you are fully aware of what is happening throughout the process. In some cases, it may be necessary for your solicitor and/or your conveyancer to visit properties to assess their suitability for purchase or sale.
No matter how complex or straightforward a property transaction may seem at first glance, it is always best to consult with a professional conveyancer to understand what is involved.
What can go wrong if you don’t use a great Conveyancer?
The process of legally transferring property ownership from one owner to another may seem easy and relatively straightforward, but it’s surprisingly complex. Even the smallest mistake or oversight during this process could end up costing you money or even the entire transaction.
Therefore, the role of professional conveyancing in selling or buying a property shouldn’t be overlooked.
Some potential risks associated with conveyancing may include:
The risk of not getting the property transferred in a timely manner
Delays in the transfer of property during the buying and selling process can be a result of several things. Local government organisations, including councils, financial institutions and even the buyer or seller failing to meet their legal obligations.
The risk of being overcharged by the conveyancer or lawyer involved in the settlement
Unfortunately, this happens all too often, when the consumer is quoted a price, and the final value for conveyancing services is much more. Where possible, engage a conveyancing firm that offers fixed fee conveyancing services to avoid any final surprises.
Bush to Beach’s two cents
Purchasing a property can be the single biggest investment you’ll make in your lifetime. A trusted and experienced conveyancer is an important person in your property transaction. They are responsible for ensuring that the conveyancing process is stress-free and simple so that come settlement day, you’re only stress is unpacking or packing boxes!
At Bush to Beach Legal, we offer a fixed fee conveyancing service. We provide services to our Sunshine Coast clients who are buying and selling residential and commercial property. Our experienced conveyancers and solicitors communicate with our clients at each milestone for a smooth settlement. Get in touch with Sunshine Coast’s premier conveyancing firm to see how we can make your property purchase as easy as possible.