If you have never bought or sold a property yourself before, then there are bound to be hundreds of terms that you haven’t heard of, or don’t understand. One of those terms is conveyancing. However, the conveyancer plays a huge role in the buying and selling of property. They have a number of responsibilities, but the main aim of the conveyancing solicitor is to handle the transfer of deeds from one owner to the next. However, their roles are a lot more complex than that. Here are just a few of the responsibilities that a conveyancing solicitor has.
Carry out property searches
One of the things that a conveyancing solicitor will do is to carry out property searches on the property that is being bought or sold. However, this isn’t a simple sweep of the property as many people think. It is actually an extensive search on a range of different things, from environmental searches to check for contamination, to bankruptcy searches to check for financial issues.
Negotiations of contracts
When you instruct a conveyancing solicitor, one of the things that they will do is to draw up a contract draft. This draft is not completed until both parties are happy with the terms and conditions. A conveyancing solicitor will carry out all of the negotiations with the other conveyancer.
Act on your behalf
Throughout the whole conveyancing process, the responsibility of the conveyancing solicitor is to act on your behalf. This means that you don’t have to worry about anything to do with the conveyancing process. They will keep you up to date with any progress, but you don’t have to do any of the work that is associated with the conveyancing process itself. If you don’t know much about they buying and selling of property, then it is definitely best to hire a conveyancer.
There are hundreds of conveyancing solicitors out there, all of whom will be able to offer you completely different things. The best thing to do is to carry out a lot of research, and make sure that you shop around.