Disbursements in conveyancing refer to the various expenses incurred during the process of buying or selling a property that are paid by the conveyancer on behalf of their client. These expenses are separate from the conveyancing fee and typically include costs such as:
- Search fees: Searches are conducted to gather information about the property, such as local and state authority searches, water and drainage searches and environmental searches.
- ID Verification: We are required by law to verify your identity before a property transaction can be completed. This is typically performed remotely using a software application.
- Other miscellaneous costs: These may include costs for obtaining copies of documents, obtaining official certificates or any other necessary expenses incurred during the conveyancing process.
Author
Joe Mattar is a seasoned conveyancer at Red Door Conveyancing. His extensive expertise in property law and transactional processes provides readers with clear, practical insights into conveyancing. Joe's articles aim to demystify the complexities of property transactions, ensuring clients are well-informed and confident.