What are the services that I can expect from my conveyancing lawyer when I purchase a property?
The services expected of your lawyer are as follows : Before paying the Option Money : 1) Title Search: to verify and confirm the property’s ownership before advising you to go ahead to pay or sign the Option to Purchase 2) Make a bankruptcy or winding-up & judicial management search: to check that the seller is not in the bankruptcy list or winding up judicial management list 3) Option to Purchase or Sale and Purchase Agreement Check: to make sure that the terms of the contract are fair and agreeable to you After exercising the Option : 1) Caveat Lodge: to make sure that another person cannot make any deals with your property. 2) Make an official enquiry on the Title: a detailed check is made on the Title of your property to ensure that it is in order. 3) Send official enquiries to various government agencies: to find out whether there is any legal obstacle on the real property. 4) Prepare for transfer documentation: prepare the transfer in your favour, send them to the seller’s lawye
