Solicitors used to be the ones who took on conveyancing jobs in Australia, but that has now changed. Nowadays, there are conveyancers who are experts in the field of property law and are licensed to provide assistance to sellers and buyers with all kinds of property deals. Although the main goal of most individuals who are looking to buy or sell their property is to save money, there are many other crucial factors to take into account when determining whether to go for a conveyancer or a solicitor for a conveyancing task.
The Advantages of Hiring a Conveyancer
Buying a property is one of the biggest decisions most people will ever make, and the transfer’s legal facets are complicated and overwhelming, which is why it is not recommended to try and tackle the entire process on your own. Hiring a licensed conveyancing professional will help you avoid headaches, as well as the stressful and costly mistakes that you may possible encounter later on. It is easier to enjoy the sale or new purchase of a property when the complex intricacies of the transition’s legal facets are competently dealt with.
Experience. If this is your first time buying a home and requires First Home Owner Grant (FHOG) access, a conveyancer is equipped to help you in this aspect. Similarly, if you are selling or buying a commercial property for leasing purposes, you should search for a conveyancer who has the experience to handle this kind of transaction. Find out what kinds of transactions with properties he has dealt previously, and be precise about what you are searching for.
Qualifications. There are countless of conveyancers that you will find when you do a search on the internet, but you need to look for someone who not only has many years of experience in the conveyancing field, but who is also accredited, qualified, and licensed to perform the work. It is recommended to ask the conveyancer if he is affiliated with the Conveyancing Institute of Australia. You should choose a conveyancer who is an AIC (Australian Institute of Conveyancers) member to ensure that you would be getting a professional with high standards of work ethic. You can likewise check with your area’s Fair Trading office about the conveyancer’s qualifications by asking for his license number.
In general, majority of conveyancers are graduates of universities, with education in property law, or have vocational qualifications and experience in the field.
Money’s worth. Check online for usual conveyancing fees, so that you will have an idea as to what is standard and what is not. Make sure that the quoted rates that the licensed professional you are planning to hire is within that range.
Accountability. Be wary if the conveyancer declines to give a job quote, as he may be hiding something. Make sure that the conveyancer outlines everything in writing, so that you will not be hit with unjustifiable charges later on.
Record management. Find out whether the conveyancer you have initially spoken with will be the one managing your account. If not, check who the point person will be.
Conveyancing Australia is an impartial website providing useful information to Australians considering employing the services of conveyancers. As the purchase or sale of property is a relatively infrequent event there is much confusion over when a conveyancer is needed, why and what benefits we as profession have to offer.