Conveyancing Solicitors

Who is a Conveyancing Solicitor?

Starting from the basic definitions, a conveyancing solicitor is generally a legal specialist or a lawyer that deals and specialises with the legal transaction of the process of legal transfer of ownership of a piece of property. This process of legal transfer of ownership is called the conveyancing process and is very popular in many countries around the world. Other legal specialist that also deal with the legal aspects of buying and selling property are licensed conveyancers and fellos of the Institute of Legal Executives.

Conveyancing is a very delicate process like many other legal process and it is regulated strongly by the law, and that varies according to the jurisdiction that the process is going to be taking place. Conveyancing solicitors are usually regulated and monitored by official bodies or organisation much like the Council for Licensed Conveyancers in the United Kingdom. These types of organisations are usually set up so that they can set standards for the conveyancers or conveyancing solicitors, and to regulate the profession effectively in the jurisdiction. They secure legal protection of the buying party and boost the competition in the legal services market and provide the consumers with choice.

There are a lot of tasks and obligation a conveyancing solicitor has to perform in each conveyancing process and some of them are

  • Working with their clients

This is the first and most important function of conveyancing solicitors, they have been hired by the clients and have to carry out all instruction from their client that relate to the sale of purchase of the property, depending on if the client is buying or selling the property.

  • Conducting research on the property from local authorities

Buying or selling a house is a very big deal and conveyancing is a very important process, research is crucial to the purchase, and it is the responsibility of the conveyancing solicitor to consult the local authorities for information on the property to be bought.

  • Advising Clients on Incurred costs of the transaction.

In almost all cases of purchases of property, there are some legally incurred charges, like stamp duty land tax, that the average consume is unaware of, except the individual is fairly experienced in the legal field. It is the responsibility of the conveyancing solicitor to inform his client on any legal costs of the transaction.

  • Drafting contracts to layout the terms of sale

In the process of conveyancing it is the responsibility of the conveyancing solicitor to create a draft of the contract that sets out the terms of sale. This contract is then sent to the conveyancing solicitor of the buying party for approval, once approved in some jurisdiction the process can be termed as legal.

  • Pays any Incurred costs on the behalf of the client

The process of conveyancing usually incurs some fees that the client has to pay, like stamp duty fees and estate agent fees on the property. It is the responsibility of the conveyancing solicitor to pay these bill on behalf of the client.

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