Conveyancer to sell a property?

Discussion in 'The Buying & Selling Process' started by Danieljk101, 14th Feb, 2020.

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  1. Danieljk101

    Danieljk101 Well-Known Member

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    Hi all, I’m about to sell my first property.

    Is there any need for me to have my own conveyancer or solicitor?
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    yes, for the legal advice and practicality.
     
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  3. Paul@PAS

    [email protected] Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    In NSW you will need to have a sales contract drafted as a start.
     
  4. just_some_guy_89

    just_some_guy_89 Active Member

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    If you:-
    • Can prepare a Contract with all the necessary legal disclosure documents;
    • Can understand the legal implications of any changes requested by the Purchaser's solicitor;
    • Are able to facilitate the transaction using an electronic settlement agent such as PEXA (if that is a requirement in your jurisdiction) or otherwise know how to request an exemption from the mandated use of electronic conveyancing;
    • Are comfortable not having someone that you can sue for professional negligence in the case that things go horribly, horribly wrong.
    Then you can certainly act for yourself without the intervention of a solicitor or conveyancer.
     
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  5. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer Business Member

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    It's such a tiny price compared to the capital. Even if it wasn't a valuable asset I would still pay someone else, it's still can be a very painful process. Besides, who wants to have to spend a month or 2 talking to lawyers - ugh
     
  6. Propertunity

    Propertunity Well-Known Member

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