Conveyancing process for sale and purchase
Conveyancing can be considered one of the most challenging processes to facilitate, particularly because of all the parties involved and specific documentation that is required. Marie Van Coller has the expertise to facilitate the conveyancing process from start to finish.
In this article, we will be discussing some of the intricate components of the conveyancing process for sale and for purchase.
The core functions and responsibilities for a conveyance process are to ensure all parties are aligned in the contract negotiations and that the appropriate documentation is filed and maintained accordingly.
The process of transferring a property can be summarised according to the first step, which is a written agreement between the various parties. The next step is to understand the terms and conditions stipulated in the mortgage bond. The repayment schedule of the seller’s bond is to be determined and the signatures of documents are required for authorisation.
Additional components would include the purchase price of the assets, marital statuses of the parties as well as rates clearance and particular transfer duties all to be submitted to The Deeds Office for proper documentation and maintenance.
It would be beneficial to instruct a solicitor or a licensed conveyance to do the legal work. Once all the documentation is completed and submitted, copies will be sent to the other participating parties to avoid delays and to confirm the process of exchanging contracts.