What is a conveyancer?
Australia’s system of land transfer was inherited from England and was based on an original grant of an interest in land from the Crown and successive “conveyances” of that interest by deed or other instrument.
The profession of conveyancing therefore has a long history but today’s conveyancer must be well versed in the laws relating to conveyancing transactions as well as having a good eye for detail and an enormous amount of patience!
A conveyancer can be self employed and run a conveyancing business, in which case he/she will need to comply with the licensing requirements stipulated by Business Licensing Authority (BLA)- see the Guide for Conveyancers.
A conveyancer can also be an employee of a licensed conveyancer, a legal firm or a legal department with a bank or government institution.
You will need to undertake an educational course with a Registered Training Authority (RTO) (although the licensing requirements only stipulate the completion of a set of nationally accredited competencies including a trust account competency) Click here for link to Education.
However, a competent conveyancer must have an extensive amount of experience in doing a large range of conveyancing transactions to be able to gain sufficient knowledge to handle the day to day files that arrive in a conveyancing office/department.
If a conveyancer decides to open up their own business, they would be wise to seek advice from their accountant and legal adviser and to do their research into how to run a small business. Click here for Small Business Victoria. They not only need to be a competent conveyancer but also need to understand the responsibilities of running a business, i.e. GST, employment of staff, insurance, legal requirements, etc.
