Choosing between a property lawyer, licensed conveyancer or doing it yourself?
Conveyancing may seem straightforward at first; however, depending on your circumstances, there can be legal implications in the transfer of ownership of a residence or commercial business. Obtaining advice from a property lawyer can ensure you make the right decision about your property.
Types of conveyancing in Victoria
There are three options you can use for conveyancing matters in Victoria:
- Engage a local property lawyer to deal with the legal and conveyancing work;
- Engage a licensed conveyancer to represent you;
- Use a do it yourself (DIY) conveyancing kit.
Hiring a property lawyer for your conveyancing matter
Without a doubt, engaging an experienced Victorian property lawyer to complete your conveyancing matter is the safest most effective way to cover your legal obligations. The Law Institute of Victoria governs property law in the State of Victoria. Property lawyers in Victoria have completed a Bachelor of Laws and have been admitted to the legal profession. Qualified Victorian property lawyers have an unlimited scope on conveyancing work in addition to their ability to advise clients on the broader implications of their sales and purchases.
A Geelong property lawyer’s role extends beyond conveyancing paperwork; providing legal counsel to assist their client’s decisions. Invariably, a property lawyer gives legal advice for a comprehensive array of property transaction services, contractual obligations and legal ramifications of various choices. Sometimes in property-related matters, other law areas need to be considered, such as Family Law, Wills and Estate, or Taxation. Engaging the best property lawyers and experienced conveyancers for the Bellarine Peninsula and Surf Coast regions will ensure your property-related matter is settled correctly with no legal surprises down the track.
Hiring a licensed conveyancer
Conveyancing is the legal work undertaken every time ownership of a property changes hands. Conveyancing tasks may include completion and lodgement of relevant documents, inquiries about zoning and title and preparing a settlement statement. Licensed conveyancers can work on property transactions as long as they adhere to the boundaries outlined by the Conveyancers Act 2006. It is important to note that licensed conveyancers do not have access to the same legal resources as lawyers, nor are they trained to identify legal issues.
Doing It Yourself (DIY) conveyancing
While we all love to save a dollar, do-it-yourself conveyancing can be very risky. If you make a mistake, you are personally responsible, therefore also accountable for any financial ramifications.
One of the main reasons people engage experienced Surf Coast property lawyers to manage their conveyancing is to have an expert take professional responsibility. In simple terms, the cost of conveyancing is the cost of having someone else assume responsibility.
You will also need to settle your matter using PEXA and complete a duty assessment via the State Revenue Office. This means you will likely need to engage someone to finalise your matter anyway. So why not have someone handle your matter correctly right from the word go?
Pre-purchase legal advice
It is never too early to get pre-purchase legal advice from a property lawyer in Geelong. Cahill Rowe Conveyancing offers pre-purchase advice explicitly designed to help buyers understand their legal obligations, hidden pitfalls or unfavourable terms of a purchase contract. It must be remembered that the conveyancing process does not start when the contract is signed, it starts BEFORE the contract is signed so you can be sure you have time to negotiate and understand the terms and conditions. Once a contract is signed, buyers are held to the legal obligations contained within and it may be challenging (if not impossible) to get out of the contract if something were to go awry.
Contact the expert Geelong property lawyers
No need to choose between hiring an experienced Geelong based Property Lawyer or the best conveyancing team in the Geelong and Surf Coast region when you can have both by engaging Cahill Rowe Conveyancing.
Cahill Rowe Conveyancing’s combination of expert legal advice along with experience drafting and reviewing property-related agreements will ensure your legal rights are protected. If you require legal guidance on a property or conveyancing matter, contact the best property lawyers in Barwon Heads at Cahill Rowe Conveyancing on (03) 5292 1994 or email madi@cahillconveyancing.com.au.
Servicing Barwon Heads, Geelong, Ocean Grove, Torquay, Anglesea, Portarlington, regional areas around the Surf Coast and Bellarine Peninsula and all of Victoria, Cahill Rowe Conveyancing is your full-service conveyancing experts.
Contact our knowledgeable team on 03 5292 1994 for your no-obligation consultation.
