When it's time to buy or sell a property, a conveyancer ensures the process is handled smoothly—and more importantly—legally. By definition, conveyancing is the legal title transfer of a property from one person to another. Buying or selling a new home is one of the most important decisions you have to make. So when the time comes that you've decided to buy or sell, there is a multitude of conveyancing businesses in Tamworth that can walk you through the process. The conveyancing process is a very detailed and—depending on the circumstances—lengthy process. From the initial contract through to settlement and payment, a conveyancer will liaise with the various parties involved (including yourself) to ensure the property is handed over in compliance with Queensland property
law. Many new homeowners are unaware of certain factors and additional costs that come with owning a property. For example, when buying a property, there is a tax charged by the government which is referred to as stamp duty. The amount of tax charged depends on the property's value, as well as whether you're entitled to the First Home Owners' Grant. A conveyancer will also make you aware of the 'cooling off period'. After the contract for sale is signed, there is a 5-day period in which the buyer can change their mind and cancel the contract. This, however, will incur a termination fee. Whether you’re buying or selling a property, contact one of many conveyancing companies in Tamworth today to get started.