Role of a solicitor
The role of a solicitor in a conveyancing transaction would depend on which party the solicitor was representing in the transaction.
The solicitor for the purchaser has to ensure that the purchaser pays for the purchase price of the property in accordance with the terms and conditions of the sale and purchase agreement and most importantly to ensure the ownership of the property is transferred or assigned to the purchaser effectively in a legal manner according to the laws of the country.
It is also the duty of the solicitor for the purchaser to ensure that property is received by the purchaser free of encumbrances with vacant possession within the stipulated time period pursuant to the terms and conditions of the sale and purchase agreement, unless otherwise agreed upon.
This preview is an excerpt from the following publication. this publication for access to all the commentary and precedents.
Purchase of Real Property - Step by Step Guide & Precedents
by By Lawyers For Lawyers author - Jayadeep Hari & Jamil
Overview
This Purchase Step-by-Step Legal Practice Guide and Precedents contains extensive precedents and guidance to enable a lawyer to complete a purchase of property matter including guidance on:
- Sale and purchase agreement with title
- Sale and purchase agreement without title
- Purchase by foreigner
- Caveats
- Real Property Gains Tax
- Strata Titles Act 1985
A wide range of precedent forms and letters used through the course of the transaction are also included. As with all Step-by-Step Guides this guide takes you sequentially through a Purchase matter from getting the matter underway and taking instructions, right through to finalisation.