Lawyers that specialise in residential and commercial real estate are known as conveyancing solicitors in Frankston. Although it is theoretically feasible to handle your own conveyancing, hiring a reputable conveyancing solicitor is crucial when buying or selling any kind of property. Whether a conveyancing solicitor represents the buyer or the seller of the property will affect the type of work they do.
There is a widespread misperception that all Cranbourne lawyers do is complete the necessary legal papers for a property sale or purchase. The fact is that there is a lot more to the conveyancing procedure than that, and a skilled conveyancing solicitor is highly active in coordinating many activities that are underway simultaneously and making things happen for you.
- Contracts: A conveyancing attorney will be able to carefully review the written contract and identify any points that require more research. Whether a property is a freehold or leasehold, for instance.
- Property Lookups: These can include the home being located in a conservation area, having restricted planning approvals, or being built on a flood plain. Having these searches performed will give you a solid negotiation position or at the very least give you time to think about the problems and maybe decide against moving forward with the transaction.
- Completion: After everything is done, your conveyancing lawyer will seal the deal by exchanging the deeds, paying any property-related stamp duty owing, and making sure the ownership change is recorded with the land registration.
The procedure is made considerably simpler with the appropriate conveyancing lawyer.
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