When a real estate deal is involved, it’s much better to proceed further with the help of a professional who can supervise all the legal work and mediation. Such a professional is usually termed as conveyancing solicitor. Over the years, the demand for property ownerships and real estate investments has sky-rocketed.
This is why the real estate laws and regulations are changed on a periodic basis to reduce the scams and frauds. Besides, as a seller or a buyer, it will be pretty hectic for you to constantly chase for updates, negotiate the deal, handle legal work, and so on. For this reason, we have discussed some of the most important roles of a conveyancing solicitor in Essex.
Inspection Of The Land Ownership
The buyer’s solicitor will inspect all the land documents to conclude whether it is leasehold or freehold. If the property is built on leasehold land, you might lose its ownership once the lease period is over. But if it’s a freehold land, then it will be registered on your name along with the property itself.
Proper Search Of Properties- Buyer’s Solicitor
If you are a buyer, hiring one of the best conveyancing solicitors Essex will help you a lot in searching the perfect property. He/she will listen to all your needs and point out the properties that are most relevant. Therefore, you can get rid from the unnecessary hassles of searching the properties, going on a physical visit, dealing with the seller, and more.
Searching The Best Buyer- Seller’s Solicitor
Just like a buyer’s solicitor helps in searching the properties, a seller’s solicitor will help in finding prospective buyers for the concerned property. You don’t have to waste time on running a background check of the buyer or understand what the requirements are. Your solicitor will do all the job on your behalf.
Handling The Legal Works Related To Property Deal
We have previously stated that with the real estate market expanding with each day, the government has to levy more rules and regulations. If any property deal is made in bad faith, you may have to face legal consequences later on, irrespective of whether you are a seller or buyer. That’s why hiring a solicitor will help you work on these legal aspects and stay safe.
Giving Updates On Regular Basis About The Progress
It is the job of all conveyancing solicitors Essex, to keep you updated about the progress of the property selling or buying process. This way you personally won’t have to contact the other party and wait for their response. So, with such a professional at your side, you don’t have to worry about anything, be it the documentation processes, exchange of contracts, or completion of all paperwork.
Final Words
From this discussion, you now have a clear idea about what a conveyancing solicitor actually does. Therefore, the next time when you want to invest in a property or sell one, do not forget to hire this professional. It would be best if both the buyer and seller contact a single solicitor as it will establish proper coordination.
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