Conveyancing
Buying & Selling
The legal process of transferring property ownership, typically handled by a solicitor or licensed conveyancer.
Full Explanation
Conveyancing covers everything from reviewing the contract of sale and conducting searches (title, zoning, planning) to preparing settlement documents and arranging title transfer. A conveyancer ensures there are no encumbrances, easements, or legal issues that could affect the property. In Australia, you can use either a solicitor or a licensed conveyancer, with conveyancers generally being less expensive for straightforward transactions.
Example
Your conveyancer identifies an unregistered easement on the property and negotiates a price reduction before you sign the contract.
Frequently Asked Questions
How much does conveyancing cost?
Conveyancing fees in Australia typically range from $800 to $2,500 plus disbursements (search fees, registration fees). Solicitors tend to charge more than licensed conveyancers but can handle more complex legal issues.
Do I need a conveyancer for an investment property?
While not legally required in all states, it is strongly recommended. A conveyancer protects your interests by conducting necessary searches, reviewing the contract, and ensuring the settlement process runs smoothly.