For first home buyers, a conveyancer plays a vital link in getting into your own home.
The legal process of transferring ownership of a property from one person to another is known as conveyancing.
It may be possible to do the job yourself but the law and statutory requirements for conveyancing are complex and it makes a lot more sense to hire a professional. That means choosing between a solicitor and a professional conveyancer.
A conveyancer is often the cheaper option. Many charge a fixed fee, and this can be less than $1,000, however if the transaction is complex you may need to hire a solicitor.
Revealing unwanted surprises
The key role of your conveyancer is to prepare and certify the legal documents that will shift the title of the property from the vendor over to you.
In addition, conveyancing involves running some background checks on the property. These can reveal important information like unpaid council rates; identify illegal or unapproved building works or alert you to government plans that could impact the property.
Have the contract reviewed before signing
It’s a good idea to select your conveyancer before you’ve found the ideal home. Many will review a contract of sale before you sign on the dotted line – and this is definitely a service worth using.
Referrals from friends or work mates can help you select a licensed, reputable conveyancer, or contact the Australian Institute of Conveyancers for details of conveyancers in your area.