Reasons to Hire a Property Lawyer
If you want to buy a property that you are interested in or if you want to sell a property that is under your name, you can find many different ways of doing it. There are many processes that you need to do in order to go through and complete the transactions. Because of the numerous steps involved, you can get confused in the process but this all depends on the property that you need to transfer. While it is possible to manage your own transactions but it is best to hire property conveyancing services to help you out with your transactions.
Although doing it yourself can also give you good success but it can take very long and you can really get exhausted with the many processes you need to get through. But if you hire the services of a good property lawyer to handle the conveyancing, then you give yourself the better options. You don’t need to stress yourself up by doing it yourself and if you hire a lawyer, then you are assured that all the transactions are done properly.
When you buy property, you invest a large amount of money. And because of this, you want to have protection when things go wrong. If you have a property lawyer working for you who has knowledge about property laws, he will be able to give you the most relevant legal advice so that you know your rights and that they are upheld when you are transacting the purchase of the property. A good property lawyer is an expert when it comes to all aspects of sales and purchase of the property. He will be able to guide you in every stage of your transaction. If you want to change your will after a sale or if you need advice on taxation issues, then your lawyer will provide you with all the relevant information that you need.
Before signing a contract, you need to inspect the property that you are buying so that you can be sure that it is in good condition. You can get the help of your property lawyer when inspecting the property so that he can establish what is included in the sale and what is not included. He can identify fixtures in the property and the fittings in it. You need to inspect wirings and plumbing to make sure that that they are all properly done. Your lawyer will negotiate with the seller to allow you to inspect the property again before you process with the settlement.
When buying or selling a property, you need to conduct relevant searches on the property title. If you are purchasing property, your lawyer will see to it to find out if there are outstanding rates on the property. He will check whether there is a mortgage that is on the property. Water and drainages search and an environmental search will be conducted by the lawyer as well.
The contract of sale will indicate the date of settlement. The property lawyer will ensure that the keys are handed over to you if you are buying the property. If you are selling the property then you will be instructed to provide keys to the buyer once the settlement is finalized.