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In regards to Conveyancing - NBIA BSBCNV601 - please expand this answer further 20. Not so long ago you had to go into your capital

In regards to Conveyancing - NBIA BSBCNV601 - please expand this answer further

20. Not so long ago you had to go into your capital city and enact the conveyance yourself in person. How has that changed?

  • Do-it-yourself conveyancing can be very risky because consumers do not have access to the same insurance available to a qualified lawyer. This means that if a mistake is made, the consumer remains personally responsible and there's nowhere to go for financial compensation. The reason people engage lawyers to manage the conveyancing process is to have an expert take professional responsibility. The cost of conveyancing is really the cost of having someone else assume responsibility. Another way to consider the matter of conveyancing costs is to regard the savings made by using a conveyancing kit as the payment you are prepared to accept for taking on the responsibility of acting in your own conveyancing matter. At the end of the day, the risk is just not worth it.

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