What are conveyancing fees?
Conveyancing fees are usually made up three (3) components:
- The professional fees your conveyancer charges you to provide advice, prepare legal documents and undertake the conveyancing process.
- Disbursements which are the costs incurred and paid for by the conveyancer to undertake the conveyancing process such as a search of title, copy of plan of subdivision, or obtaining property certificates.
- Taxes, Registration and lodgement costs charged by Land Registry or other bodies such as stamp duty, registration fees on the transfer of land or mortgage, and lodgement costs on submitting the transfer and mortgage to Land Registry.