What is Conveyancing? – Image Property

What is Conveyancing?

You can consider conveyancing most generally to be the process involved in transferring the title of the property to another person if you are selling or from another person if you are buying. In most cases, your conveyance will start from the time you enter into your contract. Then, it continues through the duration of the contract as various conditions such as finance approval and building inspections are satisfied, leading to a settlement where critical legal documents are exchanged along, of course, with the payment of the purchase price.

DO I NEED A CONVEYANCING?

There can also be terms in your contract which may require you or other parties to perform certain obligations even after settlement. This could include special conditions requiring the completion of repairs to the property. In some cases, such as where any of the parties are determined not to comply with obligations that they may have the following settlement, it may be necessary to enforce your rights through the court system.

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