What's it all about then? Well…
Introduction to Conveyancing
In practice, the likelihood is you’ve just gone and signed a sale and purchase agreement to buy your first home, family home or the home of your dreams. You're excited, you’ve got furniture and curtains choices in your mind, you’re thinking about the taps you’ll change in the bathroom, or maybe you're worried about whether the fridge will fit in that gap in the new kitchen or how the kids will get to school. You just can't wait to get the keys and move in to your amazing new place. But then someone asks "who’s your lawyer" and you’re instantly snapped back to the reality of homebuying and the humdrum of paperwork.
Of course, if you've previously bought a home you'll know you need a lawyer to complete the conveyancing aspect of the deal for your new home and even if you're new to the property market, chances are you’ve assumed there may be the involvement of lawyers at some stage. But why? What is this ‘conveyancing’ or 'home transfer' stuff all about? What does a lawyer do and surely it's just more money at a time when you're hemorrhaging money on a deposit, or those new curtains, no?
The first thing to appreciate is that part of what we all love about living in New Zealand is our homes themselves. They’re all different sizes, shapes and colours. They all sit on different sized bits of land and they were all built during differing times. This all adds up to the character we love, but those very differences are part of what’s involved in the conveyancing process.
Fundamentally, there are three stages in the conveyancing process. Below we'll explain, hopefully quickly and helpfully, what's involved in conveyancing.