Conveyancing in law is the transfer of legal title of real property from an individual to another. It can also be referred to as the granting of an encumbrance such as a mortgage or alien. Sales of land are governed by the laws and practices of the jurisdiction in which the land is located. The legal requirement in all jurisdictions is that contracts for the sale of land must be in writing.
SolicitorÂ
Broker
Agent
BuyerÂ
2
3
4
1
Yes
NoÂ
It dependsÂ
If the law says soÂ
No, it's not acceptableÂ
It depends on the distance between the two partiesÂ
Yes, it's allowedÂ
It depends on other factors like signatureÂ
10-12 weeks
A month
15 weeks
9-15 weeks
AllowedÂ
InsufficientÂ
AdvisableÂ
Totally prohibited
Immediately the signatures are attachedÂ
As soon as both parties agree
After the contract has been sent to the other partyÂ
Immediately both parties receive their copies of the contract signed by other partyÂ
To sign the contractÂ
To ensure that the seller has the right to sellÂ
To pay the amount stipulatedÂ
To comply by all laws as must the sellerÂ
The necessary stamps would not be easily gottenÂ
It takes more time for approvalÂ
It is labour intensiveÂ
It goes under more scrutinyÂ
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