A solicitor plays a similar role to the conveyancer, in that they’ll help you navigate your rights and the legal formalities of the sale. Expect a solicitor to cover much of the same ground – prepare and lodge all legal documents for the purchase, review the contract of sale, etc.
Most states and territories in Australia let you choose either a conveyancer or a solicitor to do this work. However, in QLD and ACT you must use a solicitor. As with a conveyancer, you’ll want to have a solicitor ready to go upfront.
If you have a choice, you have a few considerations:
- Conveyancers will generally be cheaper than solicitors, and are equipped to guide you through straightforward purchases
- While a conveyancer’s expertise is in conveyancing, a solicitor has broader knowledge of the law, and could advise on issues that fall outside of a regular conveyancing transaction, such as tax implications
- A solicitor is better equipped to handle more complex sales that contain more risk