Clearing Up a Few Misconceptions About Conveyancers
When you buy and sell a property, the process is called conveyancing; you are conveying that property from one party to another. There are many professionals who can assist you through this process, including a real estate agent, a lawyer, and a conveyancer, who handles many everyday tasks related to buying and selling, such ensuring paperwork is filed as needed, funds are exchanged properly and so on. While the work of a conveyancer is important for a smooth buying or selling process, you might note a few common misconceptions about conveyancers and what they do, and this will ensure you know when to call them and what to expect from their services.
Advice on desirability of a property
Your real estate agent may listen carefully to your preferences and wishes for a property and then be able to advise on what properties would fit your needs, whether that for a new residential home or for a business, but don't assume that a conveyancer can't offer valuable advice in this area as well. A conveyancer can note if a property will have an easement that might interfere with construction plans, and they can also help calculate taxes, homeowner's association fees, and other such costs that would be associated with owning the property over the years. This can then help you make the best choice when it comes to your buying decision, beyond the advice offered by your real estate agent.
Legal advice
A conveyancer cannot give you legal advice about a property unless he or she is also a solicitor, but don't assume that this means they cannot offer any assistance when it comes to the legalities of conveyancing. A conveyancer can often explain the legal terminology in a contract, and explain your legal rights and obligations as a buyer or seller. Their assistance can then help you to determine if you would need to hire a real estate lawyer to assist throughout the buying or selling process.
Beyond selling or buying
While a conveyancer is often hired for buying or selling a property, don't assume that this is the only process wherein you might need their assistance! A conveyancer can help when you need to update a title, such as when someone has died, or for when you want to parcel or divide land, and would then need new titles or deeds for those new parcels. Even if property is not necessarily being sold or purchased, and no money is changing hands, you might then hire a conveyancer to help you through these types of processes.
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