What is conveyancing? The term conveyancing is not really that popular thus for ordinary layman, this might be misunderstood. However, if you will check out online, this is the term used to complete a property transaction in which the most common is the sale or purchase of a property. If you think you can get on with the management of your own business anymore like you think it is deemed to go bankrupt or you are planning to migrate with the entire family thus you need to sell it, then conveyancing is a must. This is the process you have to take like the completion of documents so that the process will be in accordance with the law. You see, purchase or selling of property even if it is not a business property like your own residence and so on is a complicated procedure. A lot of documents will be involved and a lot of complicated procedures as well.
Here are some faqs about conveyancing procedure:
- First of all, as what is mentioned above, this is a complicated process as this is not just like you will buy something where you will pay for the merchandise and bring it to your home, then that’s it. When you buy a property, a lot of paper works will be involved and there are complicated terms as well that might be hard to understand for ordinary people. This is why, if you are the buyer or the seller for that matter, you should have a conveyancer by your side. What is a conveyancer? A conveyancer is the meddle man that will assist the person who hires him. Most of the time, he is a property lawyer though this is not really required like any solicitor will do as long as he is well versed about this task.
- Actually, you don’t need a conveyancer for this task only but you will also need one if you are about to subdivide a land, you will update or change a property title like for example if the owner died or something, or if you will register or remove or change easement. Well, of course this is not compulsory or hiring a solicitor is not compulsory however, you might face a difficult time if you will not do so thus you should hire one.
- Note that most of the time, conveyancers and solicitors are thought of as the same when it comes to their roles and what they can do but that is not the case really as conveyancers are only good for simple tasks like straightforward transactions however, when it comes to complicated tasks, you need a solicitor. Again, it does not have the be a lawyer but if you can hire a lawyer for a solicitor, then it is indeed a lot better as he is already well versed with the laws concerning this procedure.