What you need to know about conveyancing on the Central Coast (and anywhere else in New South Wales)

If you have ever gone through the process of buying or selling a property before, you will be well aware of what conveyancing is. If you are a first timer on either end of the spectrum, however, you might not have come across that particular term before. Essentially, conveyancing is the broad act of transferring documents and completing administrative tasks that makes up a successful and legal property transaction.

It is the job of a firm like us at Ryan & Seton Lawyers to take on this responsibility on your behalf to make sure everything goes smoothly. With that in mind, here are some of the basic facts you need to know about Central Coast conveyancing.

  • In a nutshell, and like we said above, conveyancing is the branch of law that covers anything and everything to do with the buying and selling of property. This includes buying, selling, transferring equity of property and even remortgaging.
  • There are many complications and obstacles that a person can come up against during this process, and a solicitor has the knowledge and experience to navigate those waters calmly and smoothly.
  • Liaising is one of the main jobs of a solicitor, connecting and communicating with the legal representatives of the other party and the incoming and outgoing mortgagees in order to make sure that every document is checked meticulously and signed on time. There is more paperwork than you might imagine, so it is important to have somebody who can manage all of it for you.
  • Conveyancing isn’t something that you are able to carry out yourself in order to save some costs. You need a solicitor or conveyancer to carry out all of the legal work in order to access the electronic PEXA platform (and ensure that you are not engaging in things like money laundering or property fraud).
  • The entire conveyancing process tends to take anywhere from 4 weeks to 12 weeks, depending on the specifics of the transaction.

So, if you should find yourself in need of Central Coast conveyancing services, please don’t hesitate to get in touch with us here at Ryan & Seton Lawyers. Feel free to contact a member of our trained and experienced team and they will be happy to answer any questions that you might have. We look forward to being able to assist you in your own property ventures, no matter whether you are the buyer or the seller.

The above is not intended as legal advice. You should obtain legal advice in relation to your own specific circumstances.

Article by Mikaela Bensley

Mikaela Bensley Solicitor

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