Buying or selling a property is not a straightforward process.
And it continues to become more complicated due to new processes and changes in legislation.
Conveyancing is the legal process involved with the buying and/or selling of property. It requires multiple legal documents to be prepared and submitted to the Land Titles Office, State Revenue Office, and banks to register the change in ownership. These documents have strict guidelines on what is acceptable. An experienced lawyer or conveyancer can ensure that all documents meet these requirements.
Purchasing a property requires conveyancing searches to be undertaken. Lawyers and conveyancers have access to the online systems which allow them to easily obtain the search results. The search results are not always easy to understand. A lawyer or conveyancer is in the best position to read, understand, and relay this information to you.
Conveyancing undergoes frequent changes in legislation and your average person cannot be expected to be aware of all of these changes. In Tasmania, settlements still occur in person where titles, discharge of mortgages, cheques, and other documents are being exchanged. A lawyer or conveyancer will attend settlement on your behalf and ensure all documents are accounted for.
A lawyer or conveyancer will always have their client’s best interests in mind when negotiations are required regarding the contract. Lawyers and conveyancers can provide you with advice that you may not have been aware of and advise on matters that real estate agents are not legally entitled to. This minimises the risk of disagreements with the other side and potentially a legal claim against you.
Conveyancing can be very stressful, time consuming, and costly if mistakes are made. Having a lawyer or conveyancer involved can relieve you of this pressure so that you can focus on getting your finances and your house ready to move in or out of.
If you are buying or selling residential property in Hobart, Devonport or anywhere across Tasmania, Dobson Mitchell Allport have an expert team of lawyers and conveyancers that can take care of all your conveyancing needs.
For more information, please visit our website at www.doma.com.au/expertise/commercial-and-property/ or Emma Mitchell in our Hobart office on or Pia Robertson in our Devonport office on .