Conveyancing is the legal process involving the transfer of ownership of a property from one party to another, including the preparation of legal documents, financing documentation and registration matters.

A lawyer assists in preparing and reviewing legal documents, conducting legal diligence, liaising with banks and authorities and ensuring the transaction complies with legal requirements while protecting your interests.

The timeline varies depending on the type of transaction, financing approval, consent requirements and completion terms in the Sale and Purchase Agreement. Generally, subsale transactions may take approximately 3 to 6 months to complete.

A subsale property refers to a property purchased from an existing owner, while a developer project involves purchasing directly from a property developer.

Yes, one lawyer can only represent one party in the same transaction to prevent conflict of interest. Usually, the lawyer that represents the purchaser in a sale and purchase agreement may assist the vendor to attend to applications to complete the sale and purchase if the vendor decides not to appoint any legal representation.

These are legal processes commonly required for properties without individual or strata titles at the time of purchase, to perfect ownership and the bank’s security interest once the title is issued.

The seller’s existing loan must usually be redeemed before the property can be transferred to the purchaser.