What is a conveyancing solicitor and do you need one?
Do I need a conveyancing solicitor for my house purchase? What will a conveyancing solicitor do for me and where can I find one? Our conveyancing specialist at Quay Law provides answers to these questions.
So, you’ve been searching high and low for your dream home – and you’ve found it! And been lucky enough to secure it too. But now begins the process of taking legal ownership of it – a process that is known as ‘conveyancing’.
In other words, conveyancing is the legal process that transfers ownership of land or property from one person or entity to another. In fact, one of the first questions you’ll probably be asked when you put in an offer on a property is the name and contact details of your conveyancing solicitor or conveyancing lawyer. That’s because you need a legal professional to deal with the legal process.
What is conveyancing solicitor?
Conveyancing involves changing ownership on a property’s Certificate of Title, registering a mortgage (for buyers) or discharging a mortgage (for sellers), and transferring cleared funds from the buyer to the seller. While that might sound simple enough, there’s actually a whole heap of paperwork, legal paperwork, that needs to happen behind the scenes before everything is done and dusted to everyone’s satisfaction. And it needs to happen correctly, otherwise it could even cause the property purchase or sale to fall through.
Given how important it is to ensure all this legal paperwork is completed correctly and on time, having an efficient and communicative conveyancing solicitor on your side will make the whole process far easier and a lot less stressful. Your Auckland conveyancing solicitors at Remuera law firm Quay Law are also fully qualified lawyers with extensive training in many aspects of the law, not just property law, which can be very handy if, during the conveyancing process, any other legal issues pop up.
Why do I need a conveyancing solicitor?
Conveyancing is never just a simple buy-sell transaction. Instead, conveyancing involves a complex web of relationships, each with their own special requirements, which have to be satisfied before the property purchase or sale can be successfully concluded.
This web of relationships involves parties such as the respective banks of the seller and buyer, their mortgage brokers and insurers, their estate agents, the local authorities and possibly even body corporates – all with their individual requirements. It’s the job of the conveyancing lawyer to manage all these relationships and ensure that each party’s requirements are met before the transaction can be completed.
Your Quay Law conveyancing solicitor in Auckland will handle all the legal aspects of buying or selling a property for you, from dealing with the purchase and sale contracts and doing local council searches to liaising with the banks and transferring the funds to pay for the property.
Why not engaging a conveyancing solicitor could be a costly mistake
As much of the activity involved in the conveyancing process goes on behind the scenes, some buyers and sellers have wrongly concluded that the conveyancing process is not as complex as it’s made out to be. As a result of this misconception, they’ve tried to do it themselves without engaging the services of a conveyancing solicitor.
Unfortunately, when things go wrong in conveyancing, they go wrong big-time and tend to have a domino effect across the web of relationships we’ve mentioned. Fixing these mistakes usually incurs a hefty price.
Where to find an Auckland conveyancing solicitor?
When you think that buying or selling a property, such as a home, could possibly be the single-biggest financial transaction you’ll ever make, doesn’t it make sense to do everything possible to ensure the process goes without any hiccups? It stands to reason then that you’d want to get legal advice early in the process and avoid taking on any unnecessary risks in an effort to save a few dollars. Taking shortcuts simply isn’t worth it!
Your conveyancing lawyers at Quay Law are fully qualified and experienced in all aspects of conveyancing. In fact, we pride ourselves on taking the stress out of your property purchase by managing your property transaction for you from start to finish – and we’ll keep you fully informed of what’s happening throughout the process.
Consult your conveyancing solicitor ASAP
If you’re in the process of buying or selling a property, don’t hesitate to get in contact with your Remuera conveyancing solicitors at Auckland law firm Quay Law for advice to make sure you are doing all the right things in your property transaction. We’re a team of Auckland solicitors who specialise in making your property transaction go as smoothly as possible for you, so get in touch with us today.
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