As a Conveyancer and Notary, I often see Purchasers signing an offer without realising the implications of small discrepancies. The Purchaser is often the forgotten party in the transfer process.
It is the prerogative of the Seller to appoint the transferring attorney, but the Purchaser pays the fees. As Purchaser, you can, however, choose the Bond Broker and you should insist on this.
Although the transferring attorney focuses on giving effect to the agreement of sale, they take instructions from the Seller first and foremost.
Who looks after your rights as a Purchaser if things go wrong? The Bond attorney is appointed by the Bank and acts in the best interest of the Bank.
Get an attorney on board from day one when you get your pre-qualification. At In House Bond Brokers, our legal team can also advise on the offer and the process ahead.
Know your rights!
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