What is a conveyancer?
Index
A conveyancer will prepare the documents needed for purchase and settlement of real estate.
A qualified conveyancer needs to know about land division, surveying, property development and management, insurance, taxation and contracts.
Your conveyancer should be a Certified Practising Conveyancer (CPC) with the Australian Institute of Conveyancing (ACI). There are divisions of the ACI in each state so check the internet for your regional office. Your conveyancer should also be members of the Mortgage and Finance Association of Australia (MFAA) and the Credit Ombudsman Services Limited (COSL).
Qualifications
While a conveyancers may have studied property law as part of a Bachelor of Law degree, there are also other courses that specialise in conveyancing.
The Diploma of Conveyancing is the minimum requirement to be able to practise conveyancing, and there is also a Certificate IV in Conveyancing available at some TAFE colleges.
A Certificate IV in Mortgage Broking is also a relevant qualification. A qualified CPC will have held their Conveyancing Licence for at least three years and hold professional indemnity insurance in mortgage broking and conveyancing.