If you plan on selling or buying a piece of land or a house, you should know about conveyancing to have a stress-free and successful purchasing or selling experience.
What Is Conveyancing?
This is the process of transferring ownership of a property from a seller to a buyer. It is facilitated by a specialist known as a conveyancer or a conveyancing solicitor. Simply put, the conveyancer helps guide you through the process of selling and buying a property if you are new to it and ensures you don't lose any of your hard-earned money through scamming or risks associated with the property of concern.
Is There a Difference Between a Conveyancing Solicitor/Lawyer and a Conveyancer?
Yes, there is. A conveyancer is qualified to help you with transferring ownership of a property that is straightforward — that is, the property of concern does not come with legal problems that require you to visit a courtroom.
A conveyancer solicitor is a lawyer who is qualified to handle conveyancing work. He or she can represent you if the property in question has legal problems that require you to go to court.
Why Should You Hire a Conveyancer as a Buyer?
When buying a property, you want all the possible negative things that could happen checked to avoid losing your hard-earned money. What are some of these things?
Your conveyancer confirms that the person selling the property is the true owner, not someone else who has stolen the identity of the property owner. He or she also researches the property to find out whether there are any issues attached to the property or whether there are any future artificial or natural phenomena that might affect the property or your intended use of the property. These are things you might not be able to confirm without expertise and experience.
Why Should You Hire a Conveyancer as a Seller?
If you are advertising a property, you will, of course, get many calls. If you are a busy person, it might be easier for you to get a conveyancer to receive the calls, vet the buyer and notify you when a serious buyer is available. This is also advantageous to you, especially when you do not know how to talk to potential buyers professionally.
A conveyancer will also help you get the full payment of the property in question by ensuring the title is completely transferred when the buyer clears payment.