MyPlace Conveyancing’s CEO, David King has written a 2 part series on the Conveyancing process on the website Mozo.
Mozo is a fantastic website that helps your household budget by comparing prices on everything from home loans, credit cards, electricity and insurance.
In the conveyancing article David discusses:
- The conveyancing process from the start
- When contracts need to be signed
- When the purchaser needs to take out property insurance
- Transfer of title
- Searches for issues with the property
- Final settlement
Excerpt from the Conveyancing article:
What is conveyancing?
Conveyancing is the legal process where ownership of real estate, house or land, is transferred from one person to another. The person making the sale is the vendor and the purchaser is the buyer.
This involves the preparation of legal documents – including a contract of sale and transfer of land document which are signed by both parties – property searches carried out on the property and attending settlement of the matter.
Read the full conveyancing article here…