Honestly not many of us find hiring a property solicitor tempting. Of course, after all you don’t want to end up spending money on asking someone to sell your plot. Why property solicitors, when I myself can sell my plot? Well, it is easier said than done. Buying or selling a property is not as easy as it seems.
So you see, with an increase in fraudulent cases it is important to ensure we don’t fall prey to our vulnerabilities. On the other hand hiring a property solicitor will help you stay calm and ensure success in dealings. Nevertheless, it will also save you from all the hassle and bustle of legal registrations.
Who is a property solicitor?
A property solicitor is a professional who helps in legal transactions of your property dealings. It works on your behalf. They act as the client’s representative while buying and selling plots. It is not possible for us all to get into legal paperwork and norms and hence these professionals are here to help us out.
Difference between Property Solicitor and Conveyance
While conveyance is simply the transfer of legal documents between buyers and sellers, Property Solicitors are solely responsible for the entire procedure of buying and selling a property
Functions of Property Solicitors
Help in buying a property
Property solicitors work as an agent in finding plots according to client demands. Once the desired plot is found the solicitor helps in getting the deal done. The solicitor works as a representative of the actual buyer and confronts complains and terms before the seller.
Helps in exchanging contracts
Property solicitors help in exchanging legal contracts to further the deal. This process involves making necessary payments and registration.
Furnishes legal transactions
Property solicitors are expected to scrutinize the legal documents of the plot. They are involved from genesis to revelation of the dealing.
Helps in finding suitable buyers
These professionals also help in selling plots according to the client’s desire. Property solicitors search for suitable and authentic buyers.
Charges of a property solicitor
Having a legal property solicitor makes transactions of properties painless. However, there is a minimum sum that is paid as remuneration to property solicitors for carrying out legal documentation. The remuneration fee ranges from $ 800 to a minimum of $1200. Remuneration varies according to legal terms and cost of the plot.
Qualities of an adept property solicitor
Good interpersonal and communication skills
Hands-on knowledge on property laws are not solely important in the transaction of properties. Property Solicitors have to work with people to get the ball rolling and, thus, interpersonal and communication skills are a must.
Good judgment and discernment
Buying or selling of property is definitely not a cake walk. Property solicitors are expected to be wise and have good judgment while buying and selling plots.
Property Solicitors are expected to have good investigative and analytical skills. They must investigate the property and dealer before making any transactions.
Fact-finding and in-depth analysis
Professionals are expected to carry out an in-depth analysis of the property. Land authority search, environment search, water authority search is a few important analysis that are expected to be performed by a property solicitor.
While making transactions and analysis professionals are expected to have patience and not skip any procedure. This is important because there is a high chance you fall in the trap of frauds.
Honest and authentic
This quality is expected by all of us while hiring property solicitors. Money is definitely a root cause of all evil and thus solicitors must be honest and authentic in their dealings.
The fastest way to find an adept property solicitor is through online websites. However, buying or selling of properties is not a menial thing and thus property solicitor must be hired meticulously.