Conveyancing Explained

Conveyancing is the term for the legal and statutory processes required to effect the transfer of ownership of real estate from one person or entity to another.

The preparation, execution, verification and lodgement of numerous legal documents are important elements of conveyancing.

Ezy-As will explain clearly the meaning and importance of each document. We will use plain English, not complicated legal terms, to help you understand exactly what you are signing.

Drawing upon your instructions, Ezy-As will also assist you to meet your legal obligations and protect your rights and interests.

Investigating the title of the property is one of the most important elements of conveyancing.

The preparation, execution, verification and lodgement of numerous legal documents are important elements of conveyancing.

Whether buying or selling, you should be aware of anything affecting the property such as

• proposals by government departments,
• illegal buildings, or
• outstanding rates.
• any issues with neighbours such as a dispute over a boundary fence

The Form 1 (searches) are of critical importance in alerting a would be purchaser to these issues as is a detailed inspection of the property.

There are no paper titles in South Australia anymore.  Paper titles are not required to be presented at settlement to transact on a property and so hold no value and provide no assurance that the property will not be transacted.

Registered Conveyancers have become the key gatekeeper in ensuring that real estate is not transacted without the registered proprietor’s (owner’s) knowledge.  Compliance with Verification Of Identity strict requirements provide Conveyancers and their clients with protection against fraud.

• Certificate of Title searches

• Searches of government departments and local authorities

• Advice on the effect of the contract

• Preparation and certification of legal documents

• Stamping of required documents

• Calculation of adjustments of rates and taxes

• Preparation of settlement statements

• Liaison with mortgagors and financiers

• Liaison with mortgagors and financiers

• Attendance at settlement