Conveyancing can be undertaken by either a Solicitor or a Licensed Conveyancer. They will work on your behalf to complete the legal requirements. Conveyancing is the legal term used for the transfer of ownership of property from one person to another.
When Selling a Property
When the sale of a property is agreed you must put it in writing. This is called a memorandum of sale. At this stage the offer is not binding on either the seller or the buyer nor is either party bound to proceed with the sale so long as the words 'Subject to Contract' have been used. You should then pass this to your appointed Solicitor or Licensed Conveyancer.
Your Solicitor will then ask you the whereabouts of the title deeds to the property. The title deeds are required to enable a contract to be drawn up. This sets out the terms of the sale including the price and the relevant parties involved.
Your Solicitor will also obtain Land Registry copies and ask you to complete a property information form and a fixtures, fittings and contents form. Once you return this information a draft contract will be prepared and sent to the buyer's Solicitor for him to carry out various searches. He may raise some additional enquiries which your Solicitor will answer or they may refer to you for further information. At this stage your Solicitor will ask you to sign the contract, they are merely getting it signed in readiness for an exchange of contracts. You will not be committing yourself to the sale at this stage.