Question Details: I am selling a property. The contract has been signed and I have received the deposit. The buyer's solicitor says that I need a lawyer to complete the sale through LandOnline. I cannot see why I need a lawyer for this transaction. Do I need a lawyer for my property sale?
Filed under Property Law | 4766 View(s)
It is technically possible to sell your property without using a lawyer, but given the complications that can arise and the significant value of the transaction, we suggest that it is a good idea to pay a lawyer. Click this link to read a Law Society publication about the process: www.lawsociety.org.nz
The transfer of legal title of the property from one owner to another can either be completed electronically through LandOnline or manually through filing paper based documentation.
To do an electronic transfer, you need a lawyer, because only those with a licence from Land Information New Zealand (LINZ) can use LandOnline. More information can be found on the webpage of the Property Law Section of the New Zealand Law Society, and they can also help you to find a lawyer in your area: www.propertylawyers.org.nz
If you choose to lodge the transfer manually without the assistance of a property lawyer, details on how to do this and the forms required are on the LINZ website: www.linz.govt.nz
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