Hi,
What is the difference between these 2 professions? When is it appropriate to use one over the other? I am in Sydney & am about to buy 2 props in QLD, do I need to use a NSW or QLD legal team? Any recommendations for specific businesses?Thanks
Use a Qld based legal team.
Conveyancers are cheaper and perfectly fine for 80% of deals.
But if you fall into the remaining 20% then a good solicitor is well worth the extra cost.
Unfortunately you don’t know if you are in the 80% or the 20% until the dust settles!
Whatever you decide – shop around and negotiate a discount. Some solicitors charge a lot more than others for a service mostly performed by the front office girl [blush2]
Simon Macks
Residential and Commercial Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
You need to use a legal team from the state your property is located in as laws differ from state to state.
Sometimes a conveyancer is all your may need, but their job is just the conveyance – changing the titles into your name. But sometimes you may need someone broader, with more legal skills, eg contract problems. Some legal problem may pop up for example. This is why i generally favour a solicitor.
Terryw
Discover Home Loans
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TerryW hit the nail on the head. A solicitor comes in handy when a property transaction become messy. Ie. Problems with title transfer and settlement disputes etc.
Originally posted by kpi:TerryW hit the nail on the head. A solicitor comes in handy when a property transaction become messy. Ie. Problems with title transfer and settlement disputes etc.
Yes Terry knows a lot about this stuff … [blush2]
Simon Macks
Residential and Commercial Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Be happy to recommend you to a good Convenyancer / Solicitor in Brissie if you are after someone.
Have used them for 12 years and have done many a transaction through them. If you deal with right person you can get a premier service without having to pay a fortune.
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
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Looking for life cover – We Guarantee to beat any quote you have in writing.Richard Taylor | Australia's leading private lender
I usta have a totally uninterested solicitor. Often we had to arrange an extention because he wasn’t ready to settle on the due day. Lets face it, solicitors just sign the dotted line, the office plebs do the work. I ended up doing the conveyancing on one house myself to find out just what was involved. I ran around for a day hand delivering the searches to the required departments.
Now I simply use conveyancing works and had no trouble and constant feedback. Possibly if there were odd encumbrances or something I’d consider a solicitor, but for a standard house and land you’re throwing money away.
just my 2cents.
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