Conveyancing Resource Centre
Who pays the conveyancing fees?
In almost every residential and commercial conveyance, it is the responsibility of each party to pay their own legal and other costs.
Depending on the State and Territory a person is in, conveyancing fees are generally payable to their legal practitioner or licensed conveyancer.
What are conveyancing fees?
Conveyancing fees cover the amount payable to ensure the legal aspects of the purchase or sale of a house or commercial property are handled correctly. Generally, conveyancing fees can include legal fees and disbursements. Legal fees are the value of the professional services provided by your lawyer or licensed conveyancer. Disbursements on the other hand are third party costs that are passed on, for example searches such as a water or rates search, land tax clearance certificate, title search and the like.
What should I expect to pay a conveyancer?
Every law firm and conveyancing practice has different fees and they can vary considerably depending on a lot of factors, your location, the searches you are seeking and the complexity of the transaction itself.
How much are the legal fees?
The legal portion of conveyancing fees is generally different depending on where you are seeking a quote.
There are many practices by large firms and conveyancing specific providers which give you an estimate as opposed to a fixed fee, and then charge you for many facets of the transactions, which ultimately costs the average person more than going with a fixed fee provider.
Why not find out what your conveyancing fees should be by clicking here.
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