If you are buying or selling a property in Melbourne, it is beneficial to engage the services of a firm that has expertise in property law and conveyancing. Whilst your chosen property lawyer will conduct the matter on your behalf, it is beneficial to both a vendor and purchaser to understand the basics of conveyancing.
There are essentially four stages:
- pre contract of sale (including due diligence);
- post contract;
- settlement; and
- post settlement.
The typical conveyance spans between 4-8 weeks and involves tasks such as preparing the vendor’s statement, reviewing special conditions under the contract, advising of any covenants that effect the land, arranging settlement with appropriate parties and advising of stamp duty implications.
Conveyancing can often involve complex issues that can only be dealt with proficiently by a firm that has experience in this field. It is also advantageous to select a firm who:
- has connections to the Melbourne real estate market;
- is dedicated to their customers; and
- provides a cost efficient and timely service.
Choose Rosendorff Lawyers for your next property transaction and experience service at its best.
