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Why conveyancing is important when selling property in NSW
Why Conveyancing Is Important

 

Conveyancing refers to everything that needs to be checked, searched, signed, and certified in order to sell your property. Our conveyancing team is experienced, reliable, and backed up by a team of lawyers, which means you are in good hands, no matter how complicated things get. Some of the key ways our team can help you is with the contract, searches and settlement.

Contract

Before a real estate agent can advertise your property, you’ll need to get a contract for sale. The contract describes exactly what’s for sale and sets out all the relevant information about your particular property. If you don’t want to leave the appliances for the new buyer, it needs to be written into the contract.

It’s important the contract is written correctly and with nothing missing, otherwise their might be issues moving forward or the buyer could even pull out of making the purchase without any repercussions. All potential buyers will be able to look at the contract before making an offer. It’s important to remember that in order to create a valid and binding contract, various documents – known as ‘searches’ – are needed, which brings us to our next point.

Searches

To sell your property you’ll first need to get all the information about it. Just like when selling a car, a buyer will want to know the year the car was made, the odometer reading, and whether it’s registered. To sell a house you need the title deed, registered dealings against the title, land tax, property plans, planning certificate and so much more. To get all this information ‘searches’ must be completed with the local council and authorities. Our team will do this for you so can be confident everything is in order to make the sale.  

Settlement

Settlement is where everything comes together. There’s a lot of paperwork to file, money changing hands, and several people who need to be kept in the loop – such as real estate agent, the seller’s conveyancer, insurers and the banks. One of our team members will be your representative to all these different people. They’ll make sure all the right documents are signed by you and that everything is filed correctly to the right government department.

To make the whole process more convenient for you we use PEXA which allows settlement to happen electronically for everyone involved. PEXA makes it possible to automatically transfer funds into your bank account quickly. It’s just another way Conveyancing.com.au helps get you to a successful and on-time settlement.

To summarise, conveyancing isn’t just something that happens in the background, it’s what makes selling a property possible! From contract drafting, to searches, and reaching settlement – conveyancing is all the essential behind-the-scenes work. Which is why you need the right people by your side to complete the process correctly and legally. Conveyancing.com.au is here to guide you through that vital work and answer any questions you may have. We’re here to help and make the process as easy as possible.

 

This article is provided for general information purposes only. Its content is current at the date of publication. It is not legal advice and is not tailored to meet your individual needs. You should obtain specialist advice based on your specific circumstances before taking any action concerning the matters discussed in this article.

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