Reasons To Hire A Conveyancer

Conveyancing services are a must-have when making a property transaction. However, given that there are no laws compelling you to hire a conveyancer, you could be having second thoughts about hiring the professional. Read this piece for some compelling reasons to hire a conveyancer. 

Peace of Mind

Any person who purchased property without a conveyancer's representation will admit that the process is very hectic. You will need to visit several properties and meet with different agents and sellers as you find a suitable property. Once you settle on a particular property, you have to conduct a home visit, conduct background checks on the seller and property, meet with the selling party to discuss the asking price, interpret and negotiate the terms of sale, find a suitable mortgage, commission a pre-purchase inspection, re-negotiate the contract of sale and transfer the title into your name. 

This could be a full-time engagement since you cannot predict how long each activity will take. Moreover, you will be in constant a dilemma since you may not be sure if you followed all the correct processes or if the selling party is honest. Once you hire a conveyancer, they conduct all these tasks on your behalf, allowing you to concentrate on your daily activities. The conveyancer is bound to act in your best interests. Besides, they have professional liability insurance to compensate you for any losses caused by errors, omissions and negligence on their part. 

Avoiding Short Cuts 

A conveyancer's career relies on their reputation and customer relationship skills. For this reason, the conveyancer always follows the correct processes when representing their clients. They understand that oversights and shortcuts could damage their reputation and business. For instance, before negotiating the property, the conveyancer gathers information such as the property history, its registration status, whether it has a dispute, the renovations conducted after construction, current easements, the strata or the resident's association by-laws and the property's neighbours. 

This information significantly impacts the property negotiations since the conveyancer has the upper hand. For instance, if the conveyancer finds out that the neighbours are a nuisance, they could argue that you will not be comfortable living on the property. Conversely, if the property has an easement, the conveyancer could assert that you cannot fully enjoy the property. If you opted for DIY conveyancing, it would be challenging to retrieve this information. Moreover, you could forego some of these assessments since you do not consider them essential. 

Meeting Legal Requirements

The conveyancer ensures that the property you purchase meets the area's legal requirements. It protects you from future lawsuits and fines imposed by the local council. For example, the conveyancer asks for an occupation permit to ensure that the construction work is sanctioned by a licenced building certifier. Moreover, the conveyancer ensures that the property complies with planning and zoning regulations. Besides the legal status of the property, the conveyancer also ensures that it is safe for occupation. Typically, they conduct a pre-inspection to assess the property's structural features. 

Contact a local conveyancing service to learn more. 


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