Conveyancing is the branch of law that is concerned with preparing documents which are commonly used for the conveyancing of property. Both individuals and businesses require conveyancing services when buying or selling a property. However, if you do not have a conveyancing solicitor in your team of advisors, you should consider hiring one. If you are an individual who primarily deals with the sale and purchase of property, it’s vital for you to hire a conveyancing solicitor to ensure that all of your dealings are safe and secure. You can look for a local solicitor to you by searching on the gov.uk website.
Businesses ideally require a solicitor who specialises in conveyancing in Lichfield because they often have to deal with the sale and purchase of a property. Some of the many services that conveyancing solicitors offer include:
- Preparing legal documentation for the transfer of property
- Checking legal title of the property
- Making sure that all the relevant documentation is in order before going through with the sale.
Similarly, if you are an individual who is interested in buying a commercial piece of land, you will want to make sure that all of the past documents related to the property are in order. For that purpose, it’s essential for you to talk to a conveyancing solicitor first. After all, if you are willing to pay such a massive sum of money to buy a commercial property, it’s crucial that you hire a conveyancing solicitor to protect your investment.
Acquisitions and Disposals
For many businesses that deal with the purchase and disposal of property, talking to a conveyancing solicitor becomes necessary. For instance, if you are buying a new property, you will want to check that there is no guarantee of the property or the law of indemnity does not apply. It’s essential to ensure that the property has not been used as a security for a loan or any other asset. Similarly, when disposing of a property, you should also make sure all of the legal documents have been prepared accordingly. This will ensure a quick sale and will give no reason for the other party to doubt your ownership of the property. Maintaining a professional business image is crucial for your company, especially if you want your business to grow.
Are you planning on leasing property for any purpose? If you want to settle on a lease agreement, you should talk to a conveyancing solicitor. The solicitor will prepare the documentation for the lease agreement and will deal with both parties to ensure they are both on the same page. All relevant documentation related to subsequent payments, as well as the initial down payment, will be recorded beforehand. Similarly, if you are looking to invest some money in buy-to-let properties or wish to make an option or overage agreement, you should talk to a conveyancing solicitor. They will guide you about what you need to do, and for a minimal fee, will make sure all documents and legal arrangements have been prepared accordingly.