Most people are often conflicted about the need to hire a conveyancer as they exchange real estate. Sometimes, they feel that the deal is straightforward; hence, they do not need legal representation. Nevertheless, conveyancers come in handy regardless of the nature of the sale. The extract below details some conditions that should prompt you to hire a conveyancer as you buy or sell a property. 

When You Need To Conduct Due Diligence

As a buyer, it is always advisable to conduct due diligence on the property you intend to purchase. While you can gather information such as the property's age and its previous owners, you may not have the skill needed to conduct in-depth research on the property. For instance, you might want to know whether the property has been renovated in the past or whether it has easements. A conveyancer is best suited to gather this information. Typically, the professional goes through land and building records to identify details that could influence the sale. In some cases, the lawyer could come across information that the current owner may not have disclosed. For instance, they could find out that the property sits on a reclaimed landfill or an area with significant mineral deposits. 

When The Other Party Has A Lawyer

You will be disadvantaged if you opt for DIY conveyancing, yet the other party has a conveyancer. In most cases, the conveyancer uses their prowess to guarantee the interests of the other party. For instance, suppose you intend to purchase property; the conveyancer could convince you to accept a nearer closing date since the property is on demand. While this might seem reasonable, it prevents you from conducting proper due diligence, appraising the property or comparing it against other similar properties. In the long run, you risk buying an overpriced property or one with severe structural issues. 

When You Need To Review Or Negotiate The Conditions Of Sale

How well do you comprehend the clauses in the contract of sale? Do you need to amend some of the conditions in this agreement? Similar to other legal agreements, the contract of sale contains some legal jargon that makes it difficult for a layman to understand. Your conveyancer explains each of the clauses and their implications. Moreover, they negotiate the conditions to protect you from loss of funds and future legal issues. For example, the conveyancer could include a clause that allows you to cancel the agreement and receive your deposit if the property contains severe defects that were not included in the disclosures. 

Reach out to a company like ARDENT LAWYERS to learn more.

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