What is conveyancing?
Let’s start by answering the most obvious question: what is conveyancing? Conveyancing is the legal transfer of property from one owner to another. A professional conveyancer is someone who can handle this process from beginning to end on the buyer and seller’s behalf. The conveyancer oversees all the legal proceedings and ensures that the transfer process is not only smooth but that all legal rights are protected throughout the transaction.
What is conveyancing?
Let’s start by answering the most obvious question: what is conveyancing? Conveyancing is the legal transfer of property from one owner to another. A professional conveyancer is someone who can handle this process from beginning to end on the buyer and seller’s behalf. The conveyancer oversees all the legal proceedings and ensures that the transfer process is not only smooth but that all legal rights are protected throughout the transaction.
Why Do You Need A Conveyancer
Whether you are on the market to sell your property, are an investor, or a first-time homeowner, having a talented conveyancer on your side is extremely important. They will provide much-needed advice throughout the process whilst ensuring your best interests are maintained. There main priority, above a stress-free transfer is making sure that your rights are protected and you are well informed on your obligations before committing financially.
Why Do You Need A Conveyancer
Whether you are on the market to sell your property, are an investor, or a first-time homeowner, having a talented conveyancer on your side is extremely important. They will provide much-needed advice throughout the process whilst ensuring your best interests are maintained. There main priority, above a stress-free transfer is making sure that your rights are protected and you are well informed on your obligations before committing financially.
Why can't my real estate broker complete the conveyancing?
Amongst many other tasks a real estate brokers role is to conduct appraisals, market properties, search for buyers, conduct viewings and negotiate sales. And this is continuous for them. As a conveyancer only handles property transfers, an independent conveyancer is much better placed to provide a stress free and streamlined service. Because of their single focus, conveyancers are much better informed on transfer procedures and processes, whilst also maintaining a neutral position within the transaction, protecting your legal obligations.
Why can't my real estate broker complete the conveyancing?
Amongst many other tasks a real estate brokers role is to conduct appraisals, market properties, search for buyers, conduct viewings and negotiate sales. And this is continuous for them. As a conveyancer only handles property transfers, an independent conveyancer is much better placed to provide a stress free and streamlined service. Because of their single focus, conveyancers are much better informed on transfer procedures and processes, whilst also maintaining a neutral position within the transaction, protecting your legal obligations.
How long will my transaction take?
There are many factors that could dictate the length of time required to complete your transaction. Typically for transactions without financial institutions involved, transactions can be completed in 4 to 6 weeks. And 6 to 8 weeks when there is. However, the conveyancing team will customize each sales contract to accommodate all factors, commercially and personally prior to the parties entering the contract.
How long will my transaction take?
There are many factors that could dictate the length of time required to complete your transaction. Typically for transactions without financial institutions involved, transactions can be completed in 4 to 6 weeks. And 6 to 8 weeks when there is. However, the conveyancing team will customize each sales contract to accommodate all factors, commercially and personally prior to the parties entering the contract.
Would I need to come to Dubai if I am purchasing outside of the UAE?
We can act for clients anywhere. It is always advised to visit Dubai for the final stages of the property transfer but along as purchasing funds can be issued locally and received locally we can facilitate remote transfers using our POA services.
Would I need to come to Dubai if I am purchasing outside of the UAE?
We can act for clients anywhere. It is always advised to visit Dubai for the final stages of the property transfer but along as purchasing funds can be issued locally and received locally we can facilitate remote transfers using our POA services.
Do you deal with commercial properties?
We deal with all types of property transactions whether residential or commercial property. Full buildings, hospitality, and land.
Do you deal with commercial properties?
We deal with all types of property transactions whether residential or commercial property. Full buildings, hospitality, and land.
What is a KYC?
As conveyancers and brokers are party to a financial contract when managing a sale, they are duty bound by central bank to declare information on the parties. The KYC (know your client) document is simple to fill in and can be completed online.
What is a KYC?
As conveyancers and brokers are party to a financial contract when managing a sale, they are duty bound by central bank to declare information on the parties. The KYC (know your client) document is simple to fill in and can be completed online.
What is the contract?
The contract, known as Property Sale Contract, describes what is being bought, the price, the buyer and seller details and the completion date. It also contains standard and special conditions to regulate the position should any dispute arise between buyer and the seller. You must tell your Broker & Conveyancer if any of the details in the contract are incorrect prior to entering the contract.
What is the contract?
The contract, known as Property Sale Contract, describes what is being bought, the price, the buyer and seller details and the completion date. It also contains standard and special conditions to regulate the position should any dispute arise between buyer and the seller. You must tell your Broker & Conveyancer if any of the details in the contract are incorrect prior to entering the contract.
Do I have to pay a deposit?
When contracts are entered into, a 10% deposit is due to the seller as part payment of the purchase price to be held in escrow with the conveyancer and handed over to the seller on the day of successful transfer. If the buyer fails to complete the purchase the seller receives the full 10% as compensation.
Do I have to pay a deposit?
When contracts are entered into, a 10% deposit is due to the seller as part payment of the purchase price to be held in escrow with the conveyancer and handed over to the seller on the day of successful transfer. If the buyer fails to complete the purchase the seller receives the full 10% as compensation.
Can you assist with mortgages?
We work with all mortgage providers. Our team can assist you directly based on your needs weather you prefer for us to recommend one bank or you wish to speak to a mortgage broker that can search the market for the most competitive deal we are here to help.
Can you assist with mortgages?
We work with all mortgage providers. Our team can assist you directly based on your needs weather you prefer for us to recommend one bank or you wish to speak to a mortgage broker that can search the market for the most competitive deal we are here to help.
What is a POA?
A POA (Power of Attorney), Is a legal document giving certain rights to another party to act in their interest. POA’S are common for busy individuals or for investors that are based outside the UAE to complete property transfers. Our conveyancing team provide full services to arrange POA on a buyer or sellers behalf. This can also be arranged remotely if you cannot travel to the UAE in most cases.
What is a POA?
A POA (Power of Attorney), Is a legal document giving certain rights to another party to act in their interest. POA’S are common for busy individuals or for investors that are based outside the UAE to complete property transfers. Our conveyancing team provide full services to arrange POA on a buyer or sellers behalf. This can also be arranged remotely if you cannot travel to the UAE in most cases.
What is the title deed?
A ‘Title Deed’ is your legal proof of property ownership in the UAE.
What is the title deed?
A ‘Title Deed’ is your legal proof of property ownership in the UAE.
What are Oqood and title deed?
In case that you are purchasing a property off-plan, i.e. a property that has not been completed yet, you will be registered in the so-called Interim Real Estate Register kept by the Dubai Land Department. The proof of such registration is called Oqood. Once the property has been completed or if you buy a finished property, you will be entered as owner of the property in the Real Estate Register. Based on such entry, you will receive a title deed. With Oqood and the title deed, respectively, you can prove your rights to a property.
What are Oqood and title deed?
In case that you are purchasing a property off-plan, i.e. a property that has not been completed yet, you will be registered in the so-called Interim Real Estate Register kept by the Dubai Land Department. The proof of such registration is called Oqood. Once the property has been completed or if you buy a finished property, you will be entered as owner of the property in the Real Estate Register. Based on such entry, you will receive a title deed. With Oqood and the title deed, respectively, you can prove your rights to a property.
When will I receive my title deed?
After completion of submission of Documents, Payment & Signatures to register you as owner of the property at the at the DLD Registration Trustee office you will receive your online Title deed. Evidence of your ownership is held electronically by the Dubai Lands Department. You can download the latest version of your Title Deed on the Dubai Rest app using a QR code provided.
When will I receive my title deed?
After completion of submission of Documents, Payment & Signatures to register you as owner of the property at the at the DLD Registration Trustee office you will receive your online Title deed. Evidence of your ownership is held electronically by the Dubai Lands Department. You can download the latest version of your Title Deed on the Dubai Rest app using a QR code provided.
