The purchase of a property, be it a home or an investment residential or commercial, is a significant investment. The conveyance of the title (changing it from the seller to the purchaser) is a critical part of the process. Get this wrong and the implications can be substantial. Having said that most of the processes are the same over and over again, with a bit of experience in what could go wrong the the conveyancing process can be quick, painless and inexpensive.
But how do you know who is experienced and who is not? Plenty of conveyancers offer ‘cheap conveyancing’ and maybe that’s all you need, maybe it’s not. Getting the right balance between cost and benefit is very important. To transfer or ‘Convey’ property from one owner to the next requires a sound knowledge of the property laws. You should also ensure your conveyancing company is fully insured for the work they are undertaking, being member of an industry body is also worthwhile though no guarantee (if there is an issue the industry body will normally help out their member, which isn’t you!).
With Conveyancing officers in all of Australia’s capital cities and country areas it’s easy to get someone that has local knowledge and experience. You should also give preference to a conveyancing company that has experience int he type of property you are buying or selling:
- Commercial Property Conveyancing
- Retail Shop Conveyancer
- Rural Farm / Land conveyance
- Residential – house conveyancing