The buying or selling of a property is where title deeds are transferred from one party to another or seller to buyer. This is usually transacted via one of three ways:

• Conveyancer or Settling Agent, or
• A Solicitor, or Lawyer or by
• The Buyer or Seller via a do-it-yourself (DIY) conveyancing kit.

Solicitors or Lawyers are usually the more expensive option, but can provide you with a wide range of legal advice in relation to Property structures, Trusts, Wills, independent financial legal advice, etc.

Expect to pay anything from $650 to upwards of $1,500, depending on the circumstances of your particular property transaction or your own financial structure. Note that in Western Australia you can only use a solicitor for the purchase of a property if that solicitor is also licensed as a conveyancer.

Conveyancers or settling agents are licensed to provide the same conveyancing services as solicitors, but can only give legal advice relating to property.

If you also need advice on other areas, such as taxation advice or your preparation of a Will, or trust structures, you will need to see an appropriate adviser such as a solicitor, lawyer and/or accountant.