Wait, why do we need more than one attorney for this? Good question!
So, when you’re transferring property, there are actually a few different attorneys involved. First, there’s the transferring attorney – that’s the legal eagle who’s representing the seller in the transfer. Then, there’s the bond attorney, who’s handling the registration of the buyer’s bond. And finally, there’s the cancellation attorney, who’s dealing with the cancellation of any existing bond on the property, if applicable.
Why all the different attorneys? Well, it’s mostly because each of these tasks requires a different set of legal skills and expertise. Plus, it helps to ensure that everything is handled correctly and there’s no funny business going on.
But don’t worry, your conveyancer will coordinate all the different attorneys and make sure everything runs smoothly.