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Conveyancing is the legal process of transferring ownership of a property from one person to another. A conveyance service typically involves a conveyancer or solicitor who handles the legal aspects of the property transfer process. Here are some details about what a conveyance service may involve:
Title search: A conveyancer will conduct a title search to ensure that the seller has the legal right to sell the property and that there are no liens or other encumbrances on the property.
Contract review: A conveyancer will review the contract of sale and advise the buyer on any issues or concerns.
Negotiation: A conveyancer may negotiate on behalf of the buyer to ensure that the terms of the contract are fair and reasonable.
Preparation of legal documents: A conveyancer will prepare legal documents such as the transfer of ownership and mortgage documents.
Property settlement: A conveyancer will ensure that all necessary documents are signed and that the transfer of ownership is completed on the settlement date.
Communication: A conveyancer will communicate with the buyer, seller, and any other parties involved in the transaction, such as lenders or real estate agents.
Fee calculation: A conveyancer will calculate the fees and taxes associated with the property transfer and ensure that they are paid on time.
Overall, a conveyance service is designed to ensure that the property transfer process is completed smoothly and legally.
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