Using a Solicitor to Facilitate Property Conveyancing

Whether you are buying a property for your own use or you are in real estate business, you will need a legal expert to facilitate the transfer of the property from the seller to you as the buyer. The formal transfer of a house, a flat or any other real estate property from a seller to a buyer is refereed to as conveyancing. Property conveyancing is normally a complex process involving numerous legal procedures. Although you can choose to do property conveyance on your own, it is recommended that you seek services of an expert to facilitate the transfer as any errors done during the process can result to great losses.

Conveyancing solicitors are specialists with experience and knowledge on matters relating to property ownership as well as ownership transfer. Using the services of a property conveyancing solicitor can not only speed up the process, but can also give you confidence that your property has met all the legal requirements during the transfer. This can give you enough time to concentrate on other matters regarding the property such as renovation, surveying, making mortgage arrangements as well as plans for settlement.

A good solicitor is supposed to take you through the process step by step so that you can make informed decisions before signing below the dotted line. There are normally several documents to sign before the house becomes lawfully yours. It is important to take time to read between the lines the terms and conditions of the property you are about to buy. If you have any doubts, you can ask for clarifications from your solicitor. In case some terms are not satisfying, you can ask the expert also to call upon the seller so that you can discuss and negotiate. Otherwise, there is no point of signing a document if it is not suitable to you as this may lead to misunderstanding later on.

The solicitor should also inform you of any laws, regulations, taxes and rates that may affect your property. This should be obtained from relevant state departments as well as local authorities. He should also facilitate the requisition of title deeds and certificates, and updates in ownership records with relevant authorities. The solicitor may or may not assist in the mortgage plans as this will depend on the scope under which he has been hired to offer the conveyancing services.