Choosing a Sellers Conveyancer
When putting your property on the market for sale you will need to appoint a conveyancer. Here in this article we guide you through how to select a conveyancer to represent you. We will also discuss why you need one to sell your home or investment property.
What is a Conveyancer?
Conveyancing is the transfer of who owns the property from who is selling it (vendor) to who is buying it (purchaser). Usually, the buyer and seller each employee a legal practitioner or conveyancer to handle this process.
Choose a legal practitioner or conveyancer that you feel comfortable with and meets your needs.
Why Do I Need a Seller Conveyancer?
Like anything in the buying or selling process, you want to make the process as efficient and hassle free as possible and a reliable conveyancer can do this. That is why choosing a Sellers Conveyancer is so important. Your conveyancer will thoroughly understand property law and be able to act on your behalf off and ensure that your legal obligations have been met when selling your home.
Selling a Home or Investment Property
If you are putting your home up for sale the process with the conveyancer might start with the creation of the Section 32 (Vendor’s Statement). This will then follow through to settlement. Your conveyancer will notifying the proper authorities of the change of ownership.
Buying a Home or Investment Property
If you are purchasing, conveyancing can begin with a quick check of the Contract of Sale and Section 32. A section 32 should be read before you commit to purchasing. It is advised that you hire a professional to read over your Section 32. That you you will understand all the details about the property and title and are able to ask the real estate sales agency any questions before putting in a potential offer to purchase.
The buyers conveyancer should then follow through to settlement. It is their job to notify the correct authorities of the change of ownership.
What is a Section 32 Sale of Land Act?
The Section 32 discloses certain information about the property including but not limited to:
- The vendors details
- The title details
- Information regarding building works done in the last 7 years
- Particulars of any mortgages over the land
- Information regarding covenants, easements, and any other restriction of title
- Planning information
- Details of the amount of rates payable
- Disclosure of any notices or orders issued by the authorities regarding fencing, road widening and sewerage
- Access to the property by road
- Information on services not connected to the property.
For any further information on selling your home and choosing a conveyancer to prepare the section 32 contact our team today.
Through our experience in Real Estate in the Greater Dandenong area. We deal with hundreds of selling conveyances. We are able to refer you to a professional who can help you sell your home fast.