Property solicitor or Conveyancer in Cherrybrook

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PROPERTY CONVEYANCING
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Do we need a conveyancer

• What is property conveyancing and do we need it?
  There is no legal requirement to have a
  conveyancer however as we are not legal experts
  it is always a good idea to employ one to protect
  your interests.
• Many a time I have worked with buyers over a
  fair period of time and when they do find their
  dream home they do not have a legal
  representative .They scramble for one and even
  ask the real estate agent to suggest a
  conveyancer.
• Lets understand what the function of a
  conveyancer is. Are they solicitors? Do they need
  to be solicitors?

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• A conveyancer does not need to be a solicitor,
  although many solicitors also do conveyancing and
  that is why many people get confused.
• There are several courses for conveyancers and
  simply put, they specialise in transfer
  ownership of a legal title from one owner to the
  other.
• Since there are many things that can go wrong
  with ownership of title and mistakes when it
  comes to property can be extremely costly, it is
  important to have a specialist make sure your
  title is secure.

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Role of a coveyancer

• A conveyancers role is broadly divided into 3
  stages
• After the contract is signed and before
  completion
• Before the contract is signed wherein they do
  their due diligence
• Finally assist to complete settlement.
• The legal phrase caveat emptor means buyer
  beware and rings true particularly in real
  estate transactions.
• It means that once the transaction is complete,
  the buyer will often not have much recourse to
  address defects in the property and its title
  that they were not previously aware of.
• Accordingly, it is important to have a
  conveyancer or solicitor thoroughly examine the
  records for any defects in title.

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Taking care of you ............

• Before signing a contract and putting any money
  into the transaction a buyer needs to have the
  contract of sale whetted by a conveyancer or
  solicitor.
• They would look for easements, special conditions
  like release of deposit, negative easements on
  the title and anything that could affect price or
  resale or getting a loan from the bank.
• If there are any clauses that could adversely
  affect the buyer they are negotiated.
• On signing the contract the conveyancer or
  solicitor would then prepare, clarify and lodge
  legal documents. Calculate the adjustments of
  rates and taxes like land tax etc.

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Looking after the details

• When it comes time to settle the property, they
  will act on your behalf and co-ordinate with your
  financial institution for payment of your
  property. They will represent your interest with
  your agent or vendor.
• For a seller, a conveyancer would prepare a
  contract of sale .She/he would order the S149
  certificate or the zoning certificate, title
  deed, sewage diagram, deposited plan and include
  special conditions to safeguard your interest.
• They would then represent and respond and
  negotiate with the purchasers solicitor and act
  in your interest.

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Choose wisely and fees

• For any service including legal services there
  are some excellent providers and some you would
  rather not work with. You need to choose a
  conveyancer with whom youre most comfortable.
• Get a referral from a friend or even your real
  estate agent. They do work with conveyancers all
  the time and are aware of their previous
  work.However it is a subjective decision as there
  is no method of grading solicitors or
  conveyancers by way of their performance.
• When it comes to costs, there are a variety of
  fee structures. These include
• Fixed Fee
• Fixed Fee plus disbursements
• Fixed fee plus disbursements and an hourly rate
  for some additional work.

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• Each has their own benefits and pitfalls and
  depending on your needs for certainty of costs,
  you can negotiate a fee structure with your
  conveyancer/solicitor.
• Besides that you can even ask your conveyancer
  how often you would be updated.
• This is particularly relevant on settlement date
  when would you be informed of the time of
  settlement as this could be critical if you were
  a buyer and needed to move in and plan or if you
  were a seller and needed to know when the house
  would have to vacated.

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• In Cherrybrook there are quite a few conveyancers
  and solicitors .Some are at the cutting edge and
  are even offering electronic settlements whilst
  others seem still to be in yester year with age
  old methodologies.
• Some are extremely responsive and spend the time
  to discuss and understand your requirements,
  others not so much. Choose wisely.

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Contact Us

• Kerbside Appraisal
• Address P. O. Box 340,West Pennant Hills, NSW
  2125 Australia
• Call on 61421062185
• E-Mail ID anil_at_kerbsideappraisal.com.au
• Visit http//www.kerbsideappraisal.com.au/