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SpinDistribute.com Article Directory

The following article was published in our article directory on December 26, 2011.
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Things you Need to Know about Conveyancing

Article Category: Real Estate

Author Name: Lara Ryan

It is always good to be aware of the right process that is needed whenever you are transferring to a new home. The truth is that there are certain procedures that you need to know whenever you move property from one person to the other. This is what is commonly known in the real estate world as the process of conveyancing which is a necessary step in the completion of a property sale. It is in this process that the transfer of the property title takes place.

The process of moving electricity, water, gas and drainage services are also included in conveyancing. In some cases, this process involves a signing of contract or agreement that signifies the transfer of legal title as well as equity title from the previous owner of the property to the buyer. This process is needed so that the buyer gets the marketable title of the property for sale.

Conveyancing is an important process to enable the person to buy or sell this property without anything affecting its sale or re-sale. These factors may later on pose as restrictions or liens that will stop buyers from purchasing the said property. With this step out of the way, you can secure the public records of the land or property to make sure that the property title has no limitations or restrictions.

Some cases may require you to hire a solicitor to perform the tasks for you. Divorced married couples, for example, who are selling their homes that are mutually owned, need the conveyancer to draw up the contract. You need the contract to lay out the profits of the property to be split equally or in accordance to the agreement during the divorce proceedings.

If this is your first time to purchase a house or a property, your real estate agent might recommend that you secure a conveyancer or a solicitor. This is also true for those who would like to rent a property. This conveyancer will be able to help you put together a rental agreement that will verify both ownership as well as the terms of your contract.

If you wish to find the right solicitor or conveyancer, then ample research is necessary. It is also good to ask friends, family and co-workers for referrals to help you find effective solicitors. Make sure you also verify the source of recommendation to check the credibility of the person. If you are currently dealing with real estate agents, they may also know someone who can do the conveyancing for you.

Some conveyancers or solicitors may speak using industry jargons that are often misunderstood by an ordinary buyer. However, if you hire a reputable solicitor, the costs will be truly worth it because they will be with you through every step of the way. They will make sure that you comprehend the process and explain in simple terms the things that you don't understand.

It can be quite stressful to start buying a home or a property. That is why you have conveyancing solicitors to help you through this tough process and ensure that you are buying a property with a clear title. Once you have completed the procedures, you can feel confident that the property you just bought is actually legally yours.

Keywords: conveyancing, cheap conveyancing, conveyancing uk, conveyancing wales, compare conveyancing

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