ROMA Blog

The Importance of Engaging in a Lawyer when Buying & Selling

A real estate transaction can be one of the most important types of financial transactions that you undertake in your life. Whether you're a buyer or seller it is important to engage a lawyer because managing the documentation and settlement of your property can be complicated. Having the experts familiar with the legal documents and legislation can ensure that the process runs smoothly. 

Below are the key reasons you should engage a lawyer:

• Helps prepare the legal documents such as the Contract of Sale and ensures any special conditions you require are included.
• Conducts all the title and planning searches that go into the final statement showing you have met all the disclosure obligations according to your local law.
• Manages everything during the settlement process to ensure the sale is legal.
• Organises a land survey to ensure the boundaries of the property are accurately represented.
• Checks with the local council to ensure your property complies with council building regulations.
• They will represent you in dealings with the buyer, help negotiate the terms of the contract and be the liaison between the seller's solicitor and the buyer’s solicitor.