Conveyancing is the legal process whereby a person transfers the ownership of real estate or other interests in an asset from one person to another.
It involves a comprehensive range of activities, including examination of title documents and preparing contracts to affect 0the transfer, registering relevant documents with relevant authorities, arranging payments between the parties and more. It is important for both buyers and sellers to understand the fundamental aspects of conveyancing before the process begins so that they can ensure it is completed efficiently and effectively.
Professional assistance should also be sought to help ensure that all necessary procedures are followed correctly and that any potential risks are avoided. A solicitor or conveyancer is typically required for this purpose when transacting property sales, as well as for related tasks such as preparation of legal documentation, advice on taxation and commercial implications