SELLING A PROPERTY
We ensure a smooth transfer!
Our Conveyancing Services for Sellers
Reliable, Experienced, Committed
Conveyancing is the legal process of transferring property ownership from one party to another. When selling a property, engaging a conveyancer is essential to handling all the legal aspects of the transaction.
Our conveyancing services typically include the following when selling a property:
1. Drafting the Contract of Sale
- The conveyancer will prepare a draft contract of sale, outlining the terms and conditions of the transaction, including property details, price, and any special conditions.
2. Managing Legal Documents
- They ensure that all necessary legal documents are in order, including the transfer deed, title documents, and property certificates.
3. Title Search
- A title search confirms that the seller is the legal owner and ensures there are no encumbrances (e.g., unpaid mortgages, liens, or disputes) affecting the property.
4. Negotiation of Terms
- Your conveyancer can negotiate with the buyer's legal representative on various aspects of the sale, such as the timing of the settlement and any specific conditions.
5. Dealing with Existing Mortgage
- If there’s an existing mortgage on the property, the conveyancer will help arrange for it to be discharged upon completion of the sale.
6. Liaising with Buyer’s Solicitor
- The conveyancer communicates with the buyer’s solicitor or conveyancer, exchanging contracts, and ensuring both parties meet legal obligations.
7. Handling Settlement
- The conveyancer coordinates the final settlement date, ensuring funds are transferred and legal ownership passes smoothly. They also ensure any remaining property taxes or rates are paid up to the date of sale.
8. Registration of Transfer
- After settlement, the conveyancer ensures that the buyer’s details are registered with the land registry, transferring ownership officially.
Engaging VIC Conveyancers & Property Transfers can help ensure a smooth, legally compliant sale and mitigates the risks of any legal issues.