At Classic Conveyancing Company we pride ourselves on our knowledge and expertise. More importantly, we are dedicated to keeping our clients informed of the benefits they can receive through dealing with a conveyancer, as well as delivering the added value that comes from continual dealings with banks, developers, finance professionals and other individuals in similar positions to you.
Feel free to browse through our list of FAQ’s and contact us directly should you need any further information.
What is Conveyancing?
Conveyancing is the legal process involved in transferring the title of a property from a seller (usually referred to as the Vendor) to a buyer (usually referred to as the Purchaser).
A conveyance comes into being by a Contract for Sale of Land. This is normally prepared by a legally qualified person, such as a conveyancer or solicitor acting for a vendor (seller) and is checked by the purchaser’s (buyer’s) conveyancer or solicitor.
Besides dealing with the actual contract and transfer, many ancillary functions are involved such as checking to see if the property is affected by:
- Government Authority Proposals
- Local Council and State Government Compliance
- Condition of the property as regards building and pest reports
- That you can actually use the property for whatever your intentions whether it be residential, commercial, industrial, etc.
- Strata Reports if applicable
- Easements and Covenants
- Stamp Duty
- Land Tax, Council and Water Rates
Why use a Conveyancer?
Previously, I have written about the process of selling a property and what a conveyancer does when acting for a Vendor – today I want to talk you through the buying process and some of the terms you will come across.
When buying a property your Conveyancer will explain the contract to you, organize Pest and Building Reports if you want them, make sure you have the necessary loan approval and negotiate with the Vendor’s Conveyancer on any special needs such as extended settlement date, amount of deposit or possession of the property. Liaison with your lender or broker is also a pertinent function.
Do Conveyancers only do Property Transactions?
Other types of conveyancing work we can provide advice on include:
- Sale and Purchase of a Business
- Residential Tenancies
- Commercial Leases
A comprehensive listing of the services Classic Conveyancing Company can provide are available in the Services section of our website.