Conveyancing Lawyers
Conveyancing Lawyers in Wollongong
Conveyancing is the process of transferring property from one owner to another. If you are buying or selling a house, conveyancing lawyers can make sure this process goes smoothly. There are a number of parts to conveyancing, including checking to make sure that there are no outstanding water use or land tax charges, checking for restrictions or encumbrances (such as mortgages) on the property, preparing the necessary legal documents, making sure all the conditions of the contract are met and arranging for all fees and charges to be paid.
Although you can use licensed conveyancers instead of property lawyers or conveyancing lawyers, these professionals cannot provide all of the services provided by conveyancing lawyers, who are knowledgeable in other areas of property law as well as real estate transactions. When you consider all the services you receive from property lawyers, the total cost you pay might not be more than what you would pay to get just part of these services through a licensed conveyancer.
If you are buying a house and it looks like it might be a complicated situation rather than just a straightforward property transfer, you would probably be better off with a property lawyer or conveyancing lawyer, as they will be able to represent you should a dispute arise during or after the purchase of your new home. Licensed conveyancers can only deal with matters included in the Conveyancers Act of 2003, which is a small part of what conveyancing lawyers can help you with. Another benefit to hiring a lawyer is the fact that lawyers have professional indemnity insurance that will cover everything they do for you, so you will not lose as much should something go wrong with the transaction when you purchase your home.
Some of the services provided by property lawyers may include helping you arrange for a mortgage or financing for your home, helping you arrange for leases or subdivisions, dealing with the development of your property, auction inquiries, refinancing of mortgages, helping you negotiate the sale or purchase of your home and preparing and reviewing of the contracts involved in this process. The conveyancing process usually takes between four and six weeks, although complicated property transfers may take longer.
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