Wednesday 22nd June 2011by admin
A conveyance solicitor Essex is simply a residential conveyancer who deals with property transactions. This is simply a legal term for the transferring legal ownership from the seller to the buyer and making sure that the interests are registered. Conveyancing occurs in three stages: before contract, before completion and after completion. Your conveyance solicitor Essex will advise you what is required at each stage of the transaction. A buyer of real property must ensure that he or she obtains a good and marketable ‘title’ to the land; i.e., that the seller is the owner, has the right to sell the property, and there is no factor which would impede a mortgage or re-sale.
The key stages and information that your conveyance solicitor Essex will advise you of are prior to exchange of contracts when you pay a 10% of the purchase price, prior to you moving into the property and the registration of your interest in the property after your purchase.