Conveyancing isn’t always a straightforward process. Unexpected issues can arise that might complicate or delay the transaction. Being aware of these potential problems and knowing how to handle them can help you navigate the conveyancing process with confidence. Here’s how to manage common challenges that might come up during NSW conveyancing.

1. Survey Discrepancies: Sometimes, property boundaries on the title don’t match what’s physically on the ground. If a survey reveals boundary discrepancies, your conveyancer can help clarify the issue with the seller or arrange for boundary adjustments.
2. Financing Delays: Loan approvals can be delayed due to paperwork or bank processing times. It’s helpful to apply for pre-approval and communicate closely with your lender. If delays occur, your conveyancer can work to extend the settlement date.
3. Issues Revealed in Inspections: Building, pest, or strata inspections may uncover issues that weren’t initially disclosed. In these cases, your conveyancer can negotiate with the seller to address or repair the issue, or potentially reduce the purchase price to cover future repair costs.
4. Title Problems: Issues with the title, such as unresolved encumbrances or restrictions, can delay settlement. Your conveyancer will work with the seller’s legal team to resolve these before settlement proceeds.
5. Unclear Contract Terms: Sometimes, the language in a contract can be ambiguous or disadvantageous. Your conveyancer will clarify terms and suggest changes to make sure your rights are protected.

While unexpected issues can arise during conveyancing, a good conveyancer can help you resolve these complications quickly and efficiently. By staying proactive and prepared, you can handle potential challenges with minimal disruption to your property transaction in NSW.