Are you in the process of buying or selling property and find yourself grappling with legal jargon? Let’s demystify one term you’ve probably encountered: conveyancing. Conveyancing is the legal transfer of a property’s ownership between parties and is an essential part of buying or selling a home.
It refers to the legal process that takes place when property ownership is transferred from the seller to the buyer. It begins after an offer has been accepted on a house and ends when the final contracts have been signed, making you the new owner. This process is crucial to ensure a legal and hassle-free property transaction.
A conveyancing lawyer is a legal professional who specialises in the field of property law. Their role is to facilitate the smooth transition of property from one party to another. Their responsibilities include, but are not limited to:
Conveyancing is an essential part of all property transactions in Australia. It ensures the property you are buying, or selling, is legally transferred without any unforeseen complications. Settlement is a complex process and lot can go wrong if something is missed, which could cost you your entire deposit. By hiring a conveyancing lawyer, you can ensure:
If you’re buying or selling on the beautiful Central Coast, contact GMS Legal & Conveyancing. Our local conveyancing team have a deep understanding of the local property market and can provide you with insights on the buying or selling process.
If you’re buying a property, our conveyancing professionals can review the contract of sale and ensure everything is in order. We can help you understand the terms and conditions of the contract and advise you of any special conditions that may be necessary, such as a building and pest inspection or a finance clause.
If you’re selling a property, we can help you prepare the contract of sale and ensure it meets all the legal requirements, ensuring you disclose all necessary information about the property to potential buyers. Get in touch with our team today and let us guide you through your next property transaction!
To see how we can help you, get in touch with us today!