If you are buying or selling a house, you will be engaging in the process of conveyancing. There are a number of things that you should consider when you are buying or selling a house.

What is Conveyancing?

This is the technical legal term for buying or selling a house. The meaning of convey refers to the movement of the title to the property form one person or legal entity to another. For many people the purchase of a family home will be the largest transaction which they ever conduct on a personal level and there needs to be great care taken to ensure that all of the elements of a contract are in order and you need a professional to examine a contract to ensure that there are not any terms of the contract which are seriously prejudicial to your interests.

A conveyancing lawyer or solicitor can assist you with the legal aspects of conveyancing

A conveyancing lawyer or solicitor can assist you with the legal aspects of conveyancing

Do I need a lawyer or a solicitor?

The short answer is that no, it is not essential for you to have a solicitor to conduct a property transaction. However, it is certainly advisable. If you, for instance, were feeling sick and you had a very bad headache it is possible that you could get over it without the assistance of a doctor. However, a doctor would certainly be able to provide you with assistance and advice in relation to the problems that you are experiencing, suggest appropriate solutions to your problem and be a person experienced in such matters who can help you get back to full health. Sometimes a conveyancing solicitor can be a bit like this with helping you to navigate the complex maze of procedures, requirements and dangers involved in property transactions which can all mean that the process is much smoother for you and does not expose you to risk in relation to your biggest asset.

Recent Legal Information

Conveyancing - Home Loan Applications Increasing

Many commentator believe that the real estate market in Australia has 'bottomed out' on the sluggishness from the global financial crisis, rising interest rates and the global economic slowdown and that we are now witnessing an increasingly buoyant market. According to financial data, the number of...more legal information

Sydney Conveyancing Tipped to See Record Prices

In 2010, Australia experienced one of the strongest housing markets in the world during 2010, new research shows.  However, in 2011 it is not certain that this trend will continue.  It is likely that rising interest rates will retard the rapid growth in the market according to the Global Real Estate...more legal information

More property conveyancing needed to keep pace with Sydney

The New South Wales Government has realeased a plan which indicates that Sydney will need 770,000 more homes, 50 percent more than the current accomodation levels in the city. According to projections, an extra 1.7 million people will flow into Sydney over the next 25 years, with many living in smaller...more legal information

Interest Rates, Conveyancing and Buying a House

Why are interest rates important? From the perspective of a person with a mortgage, interest rates are extremely important because they determine the amount of money which needs to be paid back on a variable interest rate loan. Australia is a country where mortgages are one of the main draws on household...more legal information

Free Stamp Duty for New Home Builders

In New South Wales, From 1 July 2010, transfer duty exemptions and concessions are available for certain new home purchases, off the plan purchases, and vacant land purchases on which a home will be built within a specified time. We have the application forms for obtaining this benfit available on...more legal information

Tips on buying and financing property from a legal perspective

During the global financial crisis, there was a problem with the aggregation of market power in the big four banks as many of the smaller more competitive players folded or got taken over buy the monoliths. However, there are some indicators emerging that signs of renewed competition in the mortgage...more legal information

New South Wales Business Property Lease

If you are a landlord in NSW, a New South Wales Business property lease is a an essential document which can be used to protect your interests. There is a very specific application of a lease document to business premises in New South Wales because of the legislation which surrounds leases in New South...more legal information

Tenancy agreement for furnished holiday house or flat

A Tenancy agreement for furnished holiday house or flat can be a very useful tool if you want to rent out your investment property or if you are going overseas and you need to rent out your property to continue to pay your mortgage which you are gone. The document contains a series of features which...more legal information

Changes to the law of Conveyancing and Caveats

The recent High Court Case of Black v Garnock [2007] HCA 31 has led to a change in the way that conveyancing practice is likely to occur in the future. The facts of the case were that a conveyance was being performed between a purchaser and a vendor. The day that the settlement occured, a writ of...more legal information

Conveyancing and Housing Affordability in Sydney

Sydney home buyers have experienced a crisis in housing affordability with the average house price outstripping average incomes to a point where many people do not have access to adequate housing because of their inability to get a mortgage or even afford the rental price hikes. There have been similar...more legal information

Where can I get cheap conveyancing?

What are the price ranges in conveyancing?Conveyancing is a relatively simple and straightforward legal process.   Many providers of conveyancing services have set prices for particular services.  As long as the service you require fits the mould of the product and most of conveyancing providers have...more legal information

What is the difference between a conveyancer and a conveyancing solicitor?

A conveyancer is someone who is licensed to do conveyancing which is a very specific area of work related to the transaction property. in New South Wales for example, conveyances can sign on half of their clients in a way that a solicitor can in many types of property transactions. A condenser is often...more legal information

Legal aspects of Conveyancing - First home buyers grant

The Rudd government introduced a federal economic stimilus package during the GFC to reduce the impact of the crsis on the domestic home buyers market in Australia.   In New South Wales the first home owners grant was reduced on the 1st of January 2010 to $7,000.00 becuase of the Commonwealth Stimulus...more legal information