Choose your conveyancing attorney wisely when selling your home.
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Picking the right legal property specialist is essential to ensuring a fast, efficient and smooth transfer of ownership when selling your home.
For most people, your home is your most valued asset, which is why it is critical to ensure the transaction process is handled by a conveyancer that you can trust to act with both speed and integrity.
There are three different conveyancers who play a hand in transferring property ownership:
Transferring Attorneys: Generally appointed by the seller to handle the responsibility for transferring the property from the seller to the buyer.
Registering (or Bond) Attorneys: Representatives of the buyer and the bank granting the buyer's home loan. Their responsibility is to register the bond over the property in favour of the bank who is financing the purchase of the property.
Cancellation Attorneys: Appointed representatives of the bank cancelling the seller's home loan. Their responsibility is to cancel the seller's existing home loan on the property.
Although it’s the bank’s responsibility to appoint attorneys for the bond registration and cancellation process, the transferring attorney can however, be appointed by the seller.
The importance of choosing wisely:
The process of selling and transferring your valued property can have many pitfalls if the correct advice is not received. This is why it is imperative to be cautious and maintain a serious regard for your own interests when choosing the right attorney to take responsibility for the transfer of ownership.
It is not just about finding the right attorney to enable a smooth handover. It is also ensuring that the correct advice and guidance is received and that your best interests are considered at all times.
It is advisable to appoint an established law firm such as Chrisna Rich Attorneys that specialises in property law and has the capability to manage and speed up the transfer process while giving you frequent and relevant feedback.
Choosing your own transfer conveyancer is important for the simple fact of protecting your rights.
The turnaround period:
The process of transferring property ownership should generally take between two and three months until finalized. Delays can be expected in instances where relevant documentation or certificates are not in order and ready to be processed.
There are certain legislative rules that need to be followed by the transfer attorney like obtaining a rates clearance certificate from the local council. Sellers are often required to pay a few months’ rates in advance in order to obtain their clearance certificate. Once the transfer is complete, any money that has been overpaid will be refunded to the seller.
Most people will agree that the buying and selling a home is one of the most stressful things you can do, which is why choosing the right people to help guide you through the process is beneficial in ensuring an effortless transfer.
Our client testimonials:
“I can confirm with confidence that this had been the most efficient, process I have ever experienced in my history of property acquisitions. The time it took to transfer this property was amazing and the constant communication was magnificent. If I had it my way, I would use this as a benchmark for similar organizations out there. Your industry can really learn a lot from your company especially around customer centricity. I will definitely recommend your services to friends and family.”
“Dealing with you has been a rewarding and fulfilling experience, for which we are extremely grateful. We would have no hesitation in recommending your services to any person expecting services of a high standard. They would be completely satisfied!”
“It has been such a privilege dealing with you all. I was far away but with all your help it did not seem so.”
“Appreciate all your support and many thanks, such vibrate team and pleasure coordinating together. I am so guided step by step and I really appreciate that, it gives me great comfort!!”
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