Conveyancers – What They Do And Why You Need One

The sale and purchase of property is one of the most significant financial commitments you can make, and it comes with a host of ongoing responsibilities. What may not be as widely known are the complexities of the legal and regulatory documentation required to transfer ownership. That’s where a conveyancer comes in, ensuring your property transaction is smooth and compliant.

While it’s not a legal requirement to engage a conveyancer (or solicitor) for your property transaction, it’s highly advisable. The process involves fulfilling numerous legal obligations, including the preparation and verification of all essential documents, compliance with local authorities (like the local council), and adherence to current regulations and legislation.

What Does a Conveyancer Do?

A conveyancer is trained and qualified to manage the documentation necessary for transferring property ownership. They verify and lodge these documents, ensuring every detail is in order so you can transition smoothly into your new home or property. Beyond paperwork, conveyancers protect your rights by conducting essential inquiries, ensuring there are no hidden issues with the property that could affect your investment.

Why You Need a Conveyancer?

The real estate market in Adelaide remains dynamic, with changing regulations and requirements that need to be carefully navigated. Conveyancers play a crucial role in:

• Property Title Investigations: A key responsibility of a conveyancer is to investigate the property’s title, helping to identify any outstanding fees, council rates, or unapproved modifications. This minimises risk and ensures you don’t inherit any unexpected obligations or liabilities with the property.
• Simplifying Legal Jargon: Conveyancers make it easier to understand the complex legal language often found in property contracts and forms. They translate these into everyday English, ensuring you are fully informed before signing any documents.
• Liaising and Negotiating: They also handle much of the communication, liaising with the vendor, financial institutions, and real estate agents. This support can be invaluable, particularly when negotiating offers or managing the settlement process.

Costs Involved

As with any professional service, engaging a conveyancer comes at a cost. In Adelaide, you can expect to pay between $900-$1,700 in 2023, depending on the service level and any additional fees. Your real estate agent or personal network can often provide trusted recommendations, or you can consult the Australian Institute of Conveyancers South Australian Division for accredited professionals.

Why Choosing the Right Conveyancer Matters

The role of a conveyancer is critical to ensuring that your property transaction meets all settlement requirements. Mistakes or delays at this stage can be both time-consuming and costly. To avoid issues, it’s crucial to do your research and choose a reputable conveyancer who understands the market and current regulations.

At Ouwens Casserly, we know how important it is to have a reliable team supporting your property journey. If you need recommendations for conveyancers or guidance on any aspect of buying or selling, we’re here to help every step of the way.