The legal processes involved in purchasing a property make the process challenging and complicated for first-time and inexperienced buyers. Without a proper understanding of the conveyancing process, there can be many pitfalls along the journey of buying a house. Therefore, if you plan to buy property, avoid the following mistakes that can lead to regrets or lawsuits in the future. 1. Failure to Inspect the Property The person selling the property you are interested in might not be keen on maintenance and repairs.
18 August 2021
Are you an executor to a deceased estate? The executor is a critical aspect in managing a deceased estate. Typically, they are charged with implementing the wishes of the testator as outlined in their will. Below are a few things that you should know as an executor. 1. You Do Not Have To Be The Executor Your personal circumstances could compel you to relinquish your role as the executor. For example, it could be you are sick, incapacitated or out of the country.
27 May 2021
When buying property, one of your conveyancer's primary responsibilities is to negotiate the terms of the contract of sale. Below is an article discussing what your conveyancer will look out for when assessing and negotiating the contract of sale. Cooling-Off Period and Closing Date The cooling-off period allows you to terminate the contract of sale without incurring any penalties. Typically, it lasts a few days after you sign the contract of sale.
29 March 2021