September 24, 2018

How Does Conveyancing Work in Australia?

If you’re planning to buy or sell a property, update a property title, or register, change or remove easements, it pays to seek professional advice from a conveyancer. He/She is a licensed or qualified individual who takes on the process of transferring ownership of property from one entity to another. This process is called conveyancing and it consists of three stages: before the contract, before the completion of the transfer, and after the completion.

A conveyancer is a licensed or qualified individual who takes on the process of transferring ownership of property from one entity to another.

What Does a Conveyancer Do?

A property conveyancer has the knowledge and expertise to supervise the smooth transfer of property ownership. Accredited by the government to handle conveyancing, he/she will help you, as a buyer, to prepare all the documents needed for the transfer, check easements, identify the type of property title, calculate the adjustments on taxes, as well as represent your interest to the vendor or agent. If you’re a seller, a conveyancer will help you to ensure that all required legal documents are available. He/She will be able to answer the questions, if any, from the buyer.

How to Find a Conveyancer

You’ll find a lot of different property conveyancers, and to find the right one that meet your requirements, you need to do some research by visiting the Australian Institute of Conveyancers website. The Australian Institute of Conveyancers is the body which represents registered and licensed conveyancers. Their website provides information on conveyancing in Australia. You can likewise ask around and see if they have worked with a conveyancer before. Getting a referral from someone you know can help you find the right conveyancer. You real estate agent may also know some conveyancers who can help you with your property.

Once you have a list of conveyance prospects, make sure to interview them to get to know their work experience and attitude. You can ask these questions:

  • Are you a member of the Australian Institute of Conveyancers?
  • What types of property do you specialise in?
  • What are your fees and charges? What are the services covered in those fees?
  • How can you keep me updated? How often?
  • On settlement day, what are the expected timeframes?

These are just some of the things worth-knowing about conveyancing in Australia. If you’re a property buyer or seller, it is better to consult a good property conveyancer to avoid any inconvenience when transferring property ownership.

Got other ideas about conveyancing in Australia? Share your experiences in the comments section.

About the author  ⁄ Marxa Dillan

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