Owning a home is the great Australian dream.
So, as we start the year, many people have either buying or selling property on their list of goals for the next 12 months. This goes for all Australians, including:
- first-time homebuyers
- downsizers or upsizers
- seasoned property investors
- expats who are moving here
Selling or buying a property is a rewarding journey – it takes a lot of courage, a good eye and a lot of time and a great team around you.
As you start to prepare, you probably have thought about:
- the type of property you want
- your budget and finances
- your aspirations
- who will be your buyer’s agent or real estate agent
- your property goals
These are the first things that come to mind in a typical property journey checklist – sounds pretty extensive, right? You get your agent and your finance expert and off you go.
But what most people often forget is that buying and selling property is a legal journey, too.
This is where property conveyancing comes in.
Given the complexity of all the contracts and legal documents that need to be completed during the real estate transaction, it’s a surprise that conveyancing is often just an afterthought for property buyers and sellers.
So, if you have buying or selling property on your to-do list for this year, check out this article where we discuss how contacting a conveyancing early on can help you make the most out of your property journey this year.
What is property conveyancing?
Property conveyancing refers to the act of transferring the legal ownership of a property from one party to another. The transfer is carried out using a legal document such as a contract, title, lease or deed.
Property lawyers and conveyancers like the team at Reeve Law can help you with preparing and negotiating all of your commercial, industrial and retail real estate transactions. Typical conveyancing services include the following:
- contract reviews
- negotiation of terms
- transfer of titles, the deposit and funds
With the right property conveyancers on your team this year, you can access reliable legal advice around structure and procedures as conveyancers work in conjunction with other property professionals. This way, you can get all your legal paperwork sorted as you progress through the property journey.
So – don’t forget to find a trusted property conveyancer early on so you’re prepared!
Why you should start the property journey with a conveyancer
The property journey is an exciting one.
For most, this signifies the fulfilment of a lifelong dream. So, it’s easy to focus on the journey itself and suddenly become overwhelmed by all the paperwork and legal technicalities that come with the process.
This is where a professional Australian conveyancer can help.
To give you a clearer idea of what professional conveyancers and property lawyers can do for you, here are some of the key benefits of working with a conveyancer early in the property process:
- A conveyancer provides legal support and security.
A trusted property conveyancer will make sure that all your property documents are compliant, legally binding and written with all your rights taken into consideration. This way, you can have peace of mind that your dream house will not turn into a disaster.
- A conveyancer uses experience and expertise to save you time and money.
By taking care of the legal paperwork for you, a conveyancer saves you time and effort by clarifying concepts and legal jargon that may cause confusion. They will also ensure that every step of the transaction process is covered, making sure that no costly problems will arise in the future.
- A conveyancer helps you mitigate the risks for the sale or purchase.
You can always trust a conveyancer to perform due diligence and make sure that every aspect of your property purchase or sale is compliant with the law and will not lead to any complications in the long run.
Of course, the earlier you include a conveyancer in your property journey, the better.
This allows them to take a more holistic approach to the legal aspect of the real estate sale or purchase, and ensure that you are making the right legal decisions from the beginning of your real estate journey through to the end.
How can you start sorting out your property conveyancing needs?
Even if you’re planning to buy or sell later in the year, it’s smart to start your research now and think about your conveyancing needs.
It’s actually simple too! You can begin by answering these questions:
- What is your budget for this purchase?
- What are your mortgage plans?
- Who are you buying this for? Your own? Your trust funds? Your business?
- Who are you planning to buy from? Someone you know? A developer?
- What aspects of the purchase may be subject to regulations? Pools, etc.?
- How are you planning to sell?
- What conditions do you want in the property sale?
These questions can help you start to consider your conveyancing needs today so you can find the right conveyancer and get everything legally arranged ahead of time.
Just remember: a great property team will always protect your best interests across the entire process.
So, make sure that when you’re picking your agent, your mortgage broker and property stylist, that you also add a trustworthy conveyancer in the mix too.
We can take care of all your property’s legal requirements.
Reeve Law can help you with all your conveyancing needs this year
Buying real estate or selling a home is an exciting time and a big decision – and you shouldn’t let the legal paperwork keep you from enjoying this journey.
That’s why you need the right property legal team at Reeve Law.
Through our comprehensive property conveyancing services and friendly approach, we make sure that your property concerns are addressed, your questions are answered, and your rights are protected.
From negotiations and contract exchange to settlement adjustments for your property goals this year, you can rest assured you have the right property solicitors by your side.
If you have questions or concerns about your conveyancing needs, feel free to book a no-obligation initial chat with us.
Level 13, 333 George Street, Sydney, NSW, 2000
0427 135 368