Conveyancing – Why Do We Need It?
Do you know the history and the rights associated with the property you are looking to sell or purchase?
Unlike goods which can be replaced or disposed of, land cannot. It can simply be bought or sold. Over the period of its existence, the rights and liabilities associated with a plot of land may have changed.
A simple property inspection will of course not reveal what these rights are (example: rights of way, or rights for services – drainage, water, electricity – or obligations or restrictions such as contributing to the maintenance of boundaries or other structures and services associated with the land). You may also be restricted from using the property for a particular purpose or even for building upon, extending or altering in any significant way. Public bodies may also impose restrictions or assign obligations to property owners. It’s therefore worth knowing whether the property you are looking to purchase is subject to public rights such as rights of way.
Apart from asking whether or not the property owner has the right to sell the property, there are many other issues to take into account. At Adams Harrison, we aim to make property acquisition as straightforward and transparent as possible.