You will require this licence if you intend to undertake conveyancing work for a fee or a reward. Conveyancing is the process of transferring the legal title of land or property from a seller to a buyer. This includes, but is not limited to:
- preparing and advising on contracts for the sale of real estate
- conducting title searches and making enquiries with various government departments
- preparing and advising on transfer, mortgage or lease documentation
- attending to exchange-of-contracts and settlements procedures.
Conveyancing can also refer to transactions which do not involve the transfer of interests in land. For example, conveyancing can include the transfer of small businesses, including the transfer of goodwill, business names, and stock-in-trade.
Legal practitioners do not require this approval to operate. Conveyancers must not own a business or be employed in a real estate agency or mortgage broking.
Please consult the Contact Officer for more information.