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The Conveyancing Process

The main purpose of the conveyancing process is to transfer the title of the property and any improvements from one owner to another. In the majority of cases this involves a seller (vendor) and a buyer (purchaser). There are examples where this is not the case, such as complying with the terms of a will. Usually the conveyancing process is transacted by way of a contract between the parties although there are occasions where this is not used.

There are a number of different property types which are generally classified by their use including:

• Residential
• Commercial
• Industrial
• Strata
• Rural
• Vacant Land

In NSW the vast majority of real estate is held under Torrens Title in which a Certificate of Title is issued in the name of the owner. However some land is still held under an Old System Title and not yet converted to Torrens Title. Each conveyancing transaction is unique and requires the skills and knowledge of a specialist such as Conveyancing Services.

 

 

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