ABOUT O’HALLORAN CONVEYANCING?
Legally transferring ownership of a property can be tedious, exhausting and quite intimidating. It is highly recommended that you outsource some help from a conveyancer Adelaide, and O’Halloran Conveyancing are the premium choice! Our team is driven by excellence and determination to secure the best possible solution for each and every client. We go above and beyond to make sure the transition is as smooth as possible for all parties involved. Our 40-years’ conveyancing experience has seen continuous improvements in communication methods. We stray away from technical terminology and make sure every step of the process is fully understood by our clients. O’Halloran Conveyancing is a member of The Australian Institute of Conveyancers (SA Division) Incorporated, and Property Exchange Australia (PEXA). We operate with respect, integrity, and full compliance with our customers’ requirements. For A-grade customer service, choose us to be your conveyancer Adelaide.
SO, WHAT IS CONVEYANCING?
Conveyancing is the process of transferring legal ownership of a property. There is a number of processes that have to be completed before the purchaser can claim full legal possession, so your conveyancer Adelaide will guide you through. Our services cover:
- Residential settlements;
- Business settlements;
- Commercial property settlements
- Rural settlements;
- Land division;
- Preparation of private contracts;
- Leases – rural & commercial;
- Deceased estates;
- Family and matrimonial transfers;
- Caveats and more!
We make sure all the legislative requirements have been met, and that your eligibility for any exemptions (like stamp duty) are noted. Our team will also provide you with ownership advice, as it’s easy to make impractical decisions in the moment. By ownership, we mean whether you’re buying the property as joint tenants or tenants-in-common. A conveyancer Adelaide from our team will make sure you’re fully aware of the implications associated with both!
JOINT TENANTS VS TENANTS IN COMMON
So, what’s the difference between joint tenants and tenants in common? It’s very common for a conveyancer Adelaide to get asked this question. Here’s a little insight. Joint tenancy is a typical option for couples purchasing their first home. It’s when both tenants obtain equal shares of the property, with the same deed. Joint tenancy can be broken if one member chooses to sell or transfer their half of the property. Tenants in Common is less structured, as the tenants may have different ownership interests. For example, tenant A may own 30 percent of the property, while tenants B and C could own 35 percent each. There is also no obligation to commit within the same time frame. An individual might come along and invest years after the others. Our conveyancer Adelaide will make sure you’re aware of all the different options, so you can pick one to suit you.