Conveyancing is the legal term for buying and selling real property in Australia. A Conveyancer is a professional that manages the process and ensures the purchase of your new home is simple and seamless.
Buying property is equal parts exciting and daunting. While most property sales go smoothly, the sheer size of the investment means it’s important to get the details right. The right conveyancing lawyers Brisbane wide will join you on your buying journey to provide advice, support and services that help you navigate the legalities and avoid the common pitfalls. There’s no doubt that it’s beneficial to work with a conveyancer, so all you need to do is decide when to appoint a conveyancing service while buying a house
Do I Need a Conveyancer to Buy a House?
In Queensland there is no legal obligation to hire a conveyancer when buying a house, land or other property. However, the process of buying and selling major properties is complicated, and a conveyancer will prepare all documentation and ensure your legal obligations are met. Conveyancing services are especially important when it comes to signing contracts. It’s important to never sign any documents without seeking professional advice first. Contracts often contain information about restrictions or limitations that come with the property, and you need to make sure you fully understand what you’re getting into.
Ultimately, conveyancing services protect you from the risks of buying property, and they’ll save you the time and expense of preparing legal documents yourself.
When Should You Engage a Conveyancer?
When you’re buying a home it’s recommended that you engage a conveyancer at the start of your house hunting journey. Appointing a conveyancer early on means you’ll have instant access to their help if you want to make an offer, attend an auction or have a contract reviewed. With their help, you’ll be able to act quickly when you find a property you like, reducing the chance that you miss out on the opportunity.
It’s important to do your research before engaging a conveyancer. Not all conveyancing is created equal, so you need to search for a specialist that offers the exact services you need. You’ll typically have the most luck with an experienced conveyancer that specialises in the type of property you are looking to buy, e.g. residential, commercial or industrial. Do some research and ask your friends and family if they can refer you to a reliable conveyancing lawyer.
What Does a Conveyancer Do?
The main role of a conveyancer is to ensure the property you buy is free of encumbrances and that it is properly transferred into your name.
Unfortunately, the process of buying property isn’t always simple. Some homes may come with restrictions that mean you can’t use the land in the way you envisioned. As part of their work, your conveyancer will search for any legal issues that surround the property, such as covenants or easements. If everything looks okay, your conveyancer will manage the rest of the sale and settlement process, ensuring everything is conducted according to your best interests.
Working with a conveyancer from the start of your property buying journey means you’ll have easy access to their advice and services, including:
- Contract review and advice
- Property and title research
- Checking for easements, covenants and restrictions
- Placing your deposit in a trust account
- Calculating taxes and rates
- Managing the property settlement process
- Representing you when dealing with the seller or real estate agent
Buying any property is a major investment. Whether it’s your own home or part of your investment portfolio, working with a conveyancer is the best way to avoid the pitfalls of buying a house.
Buy Your Next Property with Conveyancing Services by FP Lawyers
Working with a conveyancer is the best way to look after your interests and ensure your home buying journey comes off without a hitch. The right conveyancing service can protect your investment and provide the details you need to make an informed buying decision. If you’re searching for a new property, contact the conveyancing specialists at FP Lawyers or if you have an existing property or estate that you need legal advise with, our team of Wills and estates lawyers Brisbane wide have the experience to handle all matters relating to property, Wills and estate laws.
The FP Lawyers team offers comprehensive conveyancing services across Brisbane and the Gold Coast. Our team are specialists at managing the purchase of all residential, rural, commercial and aged care properties, so we can provide the advice you need. Contact us online to book a no-obligation consultation or if you need our help reviewing a pre-purchase contract!
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