Do-It-Yourself Conveyancing is the process of handling property conveyancing tasks without hiring a professional conveyancer or solicitor. It involves the buyer or seller taking on responsibilities such as preparing legal documents, conducting property searches, and managing the transfer of ownership. DIY conveyancing can potentially save money, but it requires careful attention to detail and a good understanding of property law and procedures. However, it also carries risks, including legal mistakes that could result in financial loss or delays in the property transaction.
noun the drawing up of a legal conveyance by the person selling a property, without the help of a lawyer the drawing up of a legal conveyance by the person selling a property, without the help of a lawyer.
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This glossary post was last updated: 29th March, 2024.
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