Orana Conveyancing Keys

FAQ's

Navigating a property transaction isn’t always simple, but we’re here to help you every step of the process.

So here are the answers to some questions we frequently get asked – but if there’s anything you‘re still not sure of, our friendly team is just a phone call away.

 

What is conveyancing?
Conveyancing is the legal process of transferring ownership of a property from one person to another, and if you want to buy or sell a home, a piece of land or a business you’ll have to sign a contract. The legal work involved in preparing the Contract for Sale and other associated work is referred to as conveyancing.

 

What does a Licensed Conveyancer do?
Licensed Conveyancers in NSW are professionally qualified to advise clients in all legal matters relating the sale and purchase of property or businesses within NSW.  They must adhere to the strict rules and regulations and each year must complete continuing education requirements for the renewal of their licence as set down by the Department of Fair Trading NSW.  

 

Why use a Certified Practising Conveyancer (CPC)?
A CPC is a conveyancer who has completed the education and training to hold a Conveyancer's licence issued by the Department of Fair Trading but is also accredited by the Australian Institute of Conveyancers NSW. CPCs have the support and backing of the only professional body representing the conveyancing profession in NSW, the Australian Institute of Conveyancers NSW Division. The AIC, in representing conveyancers, is focused on one aspect of law, conveyancing, and as a member, all CPCs are provided with up to date information and the support needed to act competently and professionally in that one aspect of the law. Take advantage of the professional service and expertise offered to you by your CPC knowing that you are in the safe hands of an expert conveyancer.  They also hold Professional Indemnity Insurance and participate in the Institute's Risk Management Program.  

 

What’s the different between a conveyancer and a solicitor, and do I need both?
Conveyancers are qualified practitioners as we are educated to specialise in the legal matters involved in the buying or selling or property or businesses within NSW. We don’t handle other legal matters and our attention is purely on conveyancing.  As we are able to look after all legal matters in relation to your property transaction you won’t need a solicitor as well.

 

When I use a conveyancer, am I covered?

Conveyancers are licensed by the NSW Department of Fair Trading and we are responsible to them in relation to all matters of conduct and propriety.  We’re also required by law to carry professional indemnity and fidelity insurance, so in the unlikely event of an error or omission on our behalf, you can rest assured that you’re completely covered.

 

When should I speak to a conveyancer?
You should speak to us as early as possible – ideally even before you put your property on the market or look to purchase one.   There’s no such thing as a standard contract, so never sign anything before consulting us, and always request a copy of any contract be sent to us to review with you before you sign them.

 

How long does conveyancing take?
Settlement terms can be negotiated by the vendor and purchaser prior to signing the contract, however, the standard settlement period is 6 weeks after contracts have been exchanged.

 

How much does conveyancing cost?
Our prices are competitive and we offer a fixed rate conveyancing fee, meaning you’ll know exactly what you’re paying before the process even begins.  Feel free to contact our friendly team for an obligation free quote.

 

Can I do it myself?
Although it’s possible, we don’t recommend it.  Sales contracts, mortgages and other related documents can be tricky and time-consuming and a small mistake could cost you thousands of dollars.  By utilising our services, you can rest assured that our professional and experienced team know exactly what to do, and what to look for, and we also carry professional indemnity insurance to cover you in the highly unlikely event that something should go wrong.

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