What is a Conveyancing Attorney?
Conveyancing, in law, is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien, which is the right to keep possession of property belonging to another person until a debt owed by that person is discharged. A conveyancing attorney is appointed to legally and effectively handle the transactions related to transference of property as described.
In simpler terms, conveyancing is the process whereby a person, company, trust, or close corporation becomes the registered and legal owner of immovable property. Conveyancing also includes the registration process of mortgage bonds. A conveyancing attorney is a legal body tasked to assist in the registration and transfer of property. When property is sold, ownership must be transferred, and a new deed of transfer must be drawn up and registered. Transference can only be achieved by a licenced conveyancing attorney. It should be noted that while a conveyancing attorney or conveyancing attorney South Africa is hired by the seller when an agreement of sale has been made, the buyer will pay the fees. A conveyancing attorney is also simply known as a conveyancer.
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