Lawyer Chatswood and Lane Cove

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What is Conveyancing?

conveyancer holding property in hand What is property conveyancing and why is it important to know this distinction?Conveyancing is the process of transferring legal title in property from one person to another. When we talk about conveyancing in the context of real estate, we are talking about the process involved in transferring title from the Vendor (the seller) to the Purchaser (the buyer). It can appear that conveyancing is a simple process that can be carried out by a buyer or seller without the assistance of a conveyancer or a lawyer.

In practice unless you are buying without a bank or selling without a bank the process is anything but simple and even where selling without a bank involved there are risks in the transaction that a property lawyer or conveyancer will avoid that a buyer or selling is unlikely to even be aware of.

Buying without assistance could result in you ending up taking on some of the debts of the vendor or taking on a property without knowing some of the inherent issues with the property.

Selling without a lawyer could result in the sale not proceeding because you are unable to deliver clear title to the property or you agreeing to requests of the purchaser that put you in a poor legal position, particularly if the purchaser defaults on the contract. To avoid the difficulty of this process we can be of assistance with our property conveyancing services.

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Wills & Estates