The Amato Property Blog

Understanding Conveyancing | Property Buying & Selling Tips

The journey of buying or selling a property is often fraught with complexities, legal obligations, and meticulous paperwork. For most people, it’s one of the largest financial transactions of their lives.

We recently sat down with Renee Seymour, from EzyStep Conveyancing, whose mission is to demystify the conveyancing process and guide clients with a hands-on approach.

In this article, we explore the importance of conveyancing and the role of conveyancers in the settlement process, and what buyers and sellers should know. With a particular emphasis on  the need for knowledge and education in property transactions, particularly regarding legal extensions and building approvals, and the importance of communication and transparency in the conveyancing process. 

What is Conveyancing, and Why is it Important?

At its core, conveyancing involves the legal transfer of property ownership from one party to another. However, the process is far more intricate than most people realize.

“It’s about ensuring everything aligns—from property boundaries and searches to contract terms,” says Rene Seymour form EzyStep Conveyancing. Conveyancers also disclose any potential red flags, such as illegal structures or property easements, ensuring buyers and sellers are fully informed.

For buyers, the role of a conveyancer is to guide them from contract signing to settlement, handling everything from stamp duty exemptions for first-time buyers to clearing outstanding debts associated with the property.

For sellers, conveyancers ensure all necessary documentation is in place, statutory warranties are upheld, and any required disclosures are made.

Key Stages of the Conveyancing Process

1. Pre-Purchase Preparation
Preparation is critical before diving into the property market. “Getting your ducks in a row is key,” Renee advises. This means securing loan pre-approval, engaging a conveyancer early, and ensuring the property aligns with your future plans.

2. Binding Contracts
Once a buyer is satisfied with the property, they enter into a binding contract. At this stage, due diligence—such as pest and building inspections—should already be completed to avoid surprises. Most contracts stipulate the property is sold “as is,” highlighting the need for thorough checks beforehand.

3. Settlement
The final phase, settlement, involves transferring ownership and ensuring all financial obligations are met. This process is coordinated via PEXA, Australia’s electronic property exchange platform. “Settlement is crunch time,” she says. “We ensure everything is in order well in advance to avoid last-minute surprises.”

Common Issues in Conveyancing—and How to Handle Them

Property transactions often uncover hidden challenges. The most common issues encountered include:

• Illegal Structures: Unapproved extensions or additions can cause significant headaches. It’s not always a deal-breaker, but buyers need to know what they’re taking on.
• Easements and Zoning Issues: Buyers should be aware of restrictions that may affect future plans, such as adding a pool or granny flat.
• Outstanding Debts or Caveats: Sellers must ensure clear title transfer by addressing all financial obligations tied to the property.

For buyers and sellers, having a knowledgeable conveyancer who can identify and negotiate solutions to these issues is critical.

Representing Buyers vs. Sellers: What’s the Difference?

While the core responsibilities remain similar, the focus shifts depending on whether the conveyancer is representing the buyer or seller.

For sellers, the process involves compiling a comprehensive list of disclosures, including any modifications to the property, debts, or outstanding permits.

On the buyer’s side, the emphasis is on education and diligence, negotiate terms, address pest and building concerns, and ensure clients understand what they’re committing to.

Conveyancing Red Flags

Renee believes there are no absolute deal-breakers, but knowledge is power. “For some, an illegal extension may be fine because they plan to rebuild. For others, it’s a deal-breaker,” she explains.

One standout example involved a buyer who unknowingly purchased a property with a demolition order due to unapproved structures. “We were able to intervene and rescind the contract, saving the buyer from a costly mistake,” she recalls.

Choosing the Right Conveyancer

Not all conveyancers are created equal. 

• Communication is Key: You need someone who will keep you informed throughout the process
• Transparency: Look for fixed fees and upfront cost disclosures.
• Experience and Diligence: Ensure the conveyancer has the capacity and expertise to handle your transaction thoroughly.

At EzyStep Conveyancing, fixed fees, no upfront costs, and a focus on transparent communication set the firm apart. “We’re here to take the stress out of the process,” Renee says. “Our clients know exactly what to expect from start to finish.”

Top Advice for Buyers and Sellers

For buyers, Renee’s advice is simple: be prepared. “Get pre-approval, engage a conveyancer early, and ensure your offer is subject to finance and inspections,” she says.

For sellers, she highlights the importance of preparation as well. “Make sure all required documents—such as pool compliance certificates or occupation certificates—are ready before listing,” she advises. This proactive approach can prevent delays and ensure a smoother sale process.

Why Easy Step Conveyancing Stands Out

EzyStep Conveyancing combines expertise with a client-first approach. From offering free contract reviews to providing fixed-fee services with no upfront costs, the firm prioritises accessibility and support. “Our hand-holding approach ensures every client feels confident and informed,” Renee says.

With a dedicated team of professionals and a commitment to transparency, EzyStep Conveyancing is helping buyers and sellers navigate one of life’s most significant transactions with ease and confidence.

Final Thoughts

Navigating the property market can be both exciting and daunting, especially when dealing with the intricate legalities of buying or selling a home. 

Whether you’re a first-time buyer needing guidance or a seller preparing your property for market, having a trusted conveyancer by your side can make all the difference.

EzyStep Conveyancing’s commitment to a seamless and supportive experience ensures clients feel confident every step of the way. 

For more information about EzyStep Conveyancing, visit their website at www.ezystepconveyancing.net.au  , call 02 4067 9871, or follow them on Facebook and Instagram.

For a deeper dive into this topic, check out the full discussion with Renee Seymour HERE.

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Disclaimer

Amato Property, together with their directors, officers, employees and agents have used their best endeavours to ensure the information passed on in this document is accurate. However, you must make your own enquiries in relation to the information contained in this document and seek advice from your financial advisor, broker or accountant to ascertain its application to your circumstances.