Before a property owner and buyers could buy or sale, he/she must have a lawyer with specialization on conveyancing act or a licensed conveyancer to help make a contract and complete the sale process. While both professionals do conveyancing works, there’s a big difference on the scope and responsibilities each holds. Conveyancing process may also differ on location, and there are some restrictions as conveyancers in Melbourne are restricted to performing works beyond conveyancing works and that only solicitors can undertake. However, with the high price of conveyancing lawyers, having a licensed conveyancer is the best and most practical solution. Here’s how a licensed conveyancer works.
Licensed conveyancers for buyers
If you’re eyeing a property in Melbourne, getting licensed conveyancers in Melbourne will help you with the preparation of all legal documents such as contract of sale and memorandum of transfer. It is also the duty of your licensed conveyancer to do searches on the property regarding certifications on environment, water supply, registrations, maps and information such as flood risks, and other legal liabilities that may impede the completion of sale contracts. Other conveyancing services in Melbourne include all works pertaining to settling the property such as acting on your behalf, advising, contacting banks and financial institutions, and engaging until final payment is made. All your interests are under his representations.
For sellers
Licensed conveyancers in Melbourne ensure all legal documents are sorted and completed. Since a licensed conveyer is working for you, he will represent you and take all the responsibilities in complying with buyers’ request and inquires including titles questions. He is also obligated to do all requests such as extensions of dates, re-scheduling and arrangements of dates such as for final payment, delivering of keys and others.
Other duties
Conveyancing in Melbourne is not limited to buying or selling property but other conveyancing works apply to when subdividing land. Some updating of a title may involve conveyancing work especially updating or registering titles in cases of death of principal owners and in favor of heirs or when registering a chance or when removing an easement. Other role is helping in the arrangement of final details of a settlement.
Licensed conveyancers’ ultimate job is ensuring all legal documents are completed and their clients are meeting all legal obligations and they’re protected of their rights. They are professionals working on behalf and for the interests of their clients. Just like other professionals, they’re practicing professionalism and under strict ethical conduct to ensure personal and professional growth.