If you are planning to buy or sell a house then there is no doubt that you will have to go through the process of conveyancing. While you can choose an unprofessional way of going about it, you could be organized in the way you approach conveyancing. However, as an average customer it is important for you to understand what exactly property conveyancing or property settlement is all about. The fact that a property has been sold can be proven only when the ownership of the same changes hands from the seller to the buyer. The government record books should register such change and the seller should have received full consideration for such sale. The buyer should also have full and clear title of the property in question.
There are a number of processes and formalities that have to be completed only after which will the ownership transfer will actually take place in the government records. This process is what property settlement or conveyancing all about. The problem with this entire process is that it is highly complicated and difficult. There are many legal issues that have to be taken care of and as an average customer it is quite impossible for you to know all the details.
Though there could be some DIY tools available in the market which claims that conveyancing can be handled by the customers themselves, in most cases customers have found themselves on the losing side. This is because property conveyancing apart from being complicated has a specific timeline by which it has to be met. Taking all these factors into consideration it makes sense to take professional help to complete the entire process of property conveyancing.
There are many professionals whose roles are required for completing the process. The most important ones are property lawyers and attorneys. Their main job is to ensure that legally the property in question is clear. To ensure this the lawyers go through the various property documents in detail and ensure that there are no harsh surprises in the form of covenants, easements and other encumbrances that could impact the title of the owner. Secondly, the role of property valuers and appraisers is also quite important. Their main role is restricted to finding out the fair market value of the property in question. Last but not the least the role of property documentation specialists is also something that cannot be overlooked. They help in drafting agreements, vetting them, preparing them and eventually getting them executed