What are Searches In Conveyancing?

Now that you’ve chosen a property, whether it be your dream home or investment property, it’s important that you appoint a conveyancer such as MCG Legal to ensure a smooth transfer the property title is transferred in your name. To ensure a smooth transfer, MCG Legal as a part of the process conduct number of mandatory Conveyancing searches to ensure the title of the property is clear. MCG Legal Gold Coast Conveyancing team provides a fixed-fee all-inclusive quote.

Conveyancing searches are an important part of any property purchase process in Queensland. These searches provide buyers with valuable information about the property they are contracted to purchase, including any potential risks or issues that may affect the property’s value or their ability to use it in the way they intend. In this blog, we outline the most common types of conveyancing searches done in Queensland. Our Conveyancing solicitors are experienced in handling complex situation to ensure a smooth transfer.

What is Conveyancing?

A title search is one of the most important Conveyancing searches to conduct when purchasing a property. It provides information about the ownership of the property, including any mortgages or other encumbrances that may affect the property’s title. Which are important for you to know. In a recent example, a client wanted to put in a pool but there was a council easement on the site preventing that occurring. Another example was a caveat lodged on title by a third party who had to be resolved so the purchase could settle.

Council Search

A council search provides financial information about the property. This Conveyancing search will also reveal any outstanding rates or charges that may affect the property. This can include details about building and renovation permits, zoning and land use, and any special conditions that may apply to the property.

Water Search

A water search provides information about the property’s water usage and charges. It will reveal any outstanding water charges that may be owed on the property and any restrictions or easements that may affect the use of the property’s water supply.

Land Tax Search

A land tax search provides information about any outstanding land tax owed on the property. This is important because land tax debts can become a liability for the new property owner if not dealt with correctly.

In addition to the above Conveyancing searches, there might be a few additional searches which we at MCG Legal recommended after reviewing the property and contract of sale such as Main Road search, Body Corporate search inclusive of minutes and financial information or a building search for any addons to the home. There are many other examples where extra searches could be recommended (If body corporate is involved)

Conveyancing searches are an essential part of the property buying process in Queensland. They provide buyers with valuable information about the property they are contracted to purchase. They help to identify any potential risks or issues that may affect the property’s value. By conducting these searches, buyers can make informed decisions about their property purchase and avoid any costly surprises down the road. Get in touch with Gold Coast Conveyancer at MCG Legal to get a fixed-fee all-inclusive quote.

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