DIY legal documents for conveyancing transactions — understanding the basics of a sale and purchase of property

This post is part of an on-going series. Please read the following earlier posts for context:

  1. DIY legal documents for conveyancing transactions — can we really do it without lawyers?
  2. DIY legal documents for conveyancing transactions — why some people think you don’t need lawyers in a sale and purchase of property.

In the previous post, we’ve seen how the over-simplified concept of the conveyancing process — the ideal in their minds — leads some to think that it isn’t necessary for lawyers to be part of the process.

Let’s now take a quick tour of some of the basic issues that come up in a conveyancing process so that we can appreciate the reality of a sale and purchase transaction.

Those who think you can complete a conveyancing transaction without a lawyer please raise your hands.
Those who think you can complete a conveyancing transaction without a lawyer please raise your hands.

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DIY legal documents for conveyancing transactions — why some people think you don’t need lawyers in a sale and purchase of property

I explained the background to this conversation about “DIY legal documents” and the Collective of Applied Law and Legal Realism (CALR) in an earlier post — “DIY legal documents for conveyancing transactions — can we really do it without lawyers?”

As mentioned in that post, I was invited to speak at the launch event and was assigned the session title — What’s wrong with conveyancing and corporate law work?

I’ll be writing about what I shared in relation to conveyancing in four parts (beginning with this post):

  1. Why some people think you don’t need lawyers in a sale and purchase of property.
  2. Understanding the basics.
  3. Sale and purchase and loan agreements.
  4. Time for a reality check.

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DIY legal documents for conveyancing transactions — can we really do it without lawyers?

Earlier this year, I was invited to be one of the speakers at the launch of the Collective of Applied Law and Legal Realism (CALR) — the event title was “The End of Lawyers, The Future of Law”.

The launch was a great success, and the report was the front page headline of The Star the following day.

No really, the front page headline of The Star!
No really, the front page headline of The Star!

CALR is an initiative led by my friend Edmund Bon, and is one of the many initiatives which have been discussed (formally and informally) by myself and Edmund with different groups of people in relation to innovation in the legal industry.

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