Conveyancing signifies the legal process that secures a property, be it buying or selling. If you want to buy or sale any property, you must consider Conveyancing services in Melbourne.
Conveyancing for buying
Once you are agreed a price for the property, your conveyancer will accept a contract pack from the seller’s solicitor and the pack entails
- The form of property information which highlights if there is something wrong with the property or any boundary disputes.
- The form of fittings and contents, informing the buyer how fitted out the property is.
You conveyancer will do certain legal searches such as
- Local authority
It gives you the description in detail of the property and its surrounding areas
- Water and property
It will let you find out whether the water company maintains the sewers, piping and drains. You will also get to know whether any sewers are there under your house.
- Environmental
You are going to be updated about whether there are problems with the land including subsidence, landslides, flooding risk or contaminated land.
Completion date
Once all the requisite searches are carried out, it is time to decide upon a completion date, on which the buyer’s deposit will be sent over and you can comprehend the importance of conveyancing services in Melbourne.
Exchanging
The buyer has to sign a final completion statement and also a mortgage and transfer deed. Finally, the conveyancer will carry a check, ensuring that the land register has not changed since the conveyancing process began.
On the completion day, the buyer will become the owner of the property officially by paying the final price, getting all the documents for confirming the ownership.
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