What Risks Should I Consider If I Try To Handle Conveyancing Myself?
Choosing DIY conveyancing may seem simple at first, but it brings clear limits and risks. You need to read and understand legal documents without support, which can be difficult if you are not familiar with NSW property laws. If you make mistakes in the contract review or miss a deadline, the settlement can be delayed or you may face financial loss. It is also easy to miss issues such as easements, zoning rules, unpaid rates, or last minute contract changes, and these oversights can affect the property’s value or your ability to settle on time. DIY work also offers no professional insurance, so you carry full legal and financial responsibility for any error. Banks and lenders may also be slower to process documents if they are not prepared correctly, which increases the chance of delays. These factors show how risky DIY conveyancing can be, especially in a busy market like Sydney.
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