Complete legal documents including putting together the Contract of Sale.

Represent your interest with a vendor or their agent.

Settle the property – act on your behalf, advise when the property is settled, contact your bank or financial institution when final payments are being made.

Calculate the adjustment of rates and taxes.

Put the deposit money in a trust account.

Research the property and its certificate of title – check for easements, type of title and any other information that needs addressing.

contract of sale and memorandum of transfer

Prepare, clarify and lodge legal documents – e.g.

Solicitors who specialise in conveyancing will sometimes refer to themselves as a conveyancing solicitor.

Solicitors are lawyers, who can legally perform all the tasks a conveyancer does but also have a broader knowledge of the legal system. What is the difference between a conveyancer and a solicitor?Ĭonveyancers are licensed professionals who are qualified to help you with all the legal processes and documents involved in buying and selling a house. Legal professionals in the field also have indemnity insurance coverage which could save you if something goes wrong in the settlement process. While you can opt for DIY conveyancing this isn't recommended unless you're extremely knowledgeable and experienced in property law. When should you consider hiring a conveyancer or conveyancing solicitor?Ĭan I claim conveyancing costs on my tax return? That's where it's important that you get the assistance of some qualified professionals that can assist in the purchase of what is most people's most valuable asset. If you're ready to take the next step towards purchasing the home there are a number of complex steps to take next before settlement can occur and the home is finally yours. Settlement is a complex undertaking and lot can go wrong if something is missed, which could cost you your entire deposit. The legal transfer of a property's ownership between parties, conveyancing is a necessary step of purchasing a home.

Conveyance legal definition