Property conveyancing is the process of transferring a property from a legitimate owner to another. If you are new to the concept of property conveyancing, then get a basic understanding from this blog.
Agreement to the Sale
The property lawyers are an essential part of the conveyancing group. When the agreement is done, the conveyancing group will give several forms, the copy of the title of land and the contract of sale to the buyer's solicitor. If there will be many questions and concerns, then the conveyancing group interfere and confront all the burning questions.
Exchange of Contracts
As soon as you and your buyer sign the contract, Transfer Deed will take place, which will be given to the buyer to register their names on the deed.
Completion of Transaction
The conveyancing firm will utilize the remaining balance of the payment of property to settle your mortgage, pay your real estate agent fees, and other extra costs. Then lastly, the buyer will get registered as the new owner.
