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Conveyancer

Note: Completion of a TAFE SA course does not guarantee an employment outcome. Formal requirements other than educational qualifications (eg licensing, professional registration), may apply to some occupations.

Job Prospects Openings 5 years to November 2019: 5,001 to 10,000
Salary Range Median weekly earnings: $1051 to 1300 to Source: Australian Government Department of Employment 2015
Brief Buying or selling property must rate as one of life's more important financial decisions. It stands to reason, therefore, that these transactions be settled properly. Conveyancers prepare the documentation required for the purchase and sale of real estate.

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TAFE SA courses that may be relevant for: Conveyancer

Accredited (Award)

Introduction

Most people associate conveyancers with preparing the legal documents necessary to facilitate the transfer of ownership for residential property and to finalise that task by attending to the settlement for the property. However, conveyancers undertake a much wider variety of tasks. These include undertaking searches from government departments, preparing settlement statements and preparing documents that relate to different interests in land. For example, this could relate to land division, easements, encumbrances and caveats. Conveyancers liaise with government departments, financial institutions, conveyancers and other professionals.

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Education Requirements

The first step in becoming a conveyancer usually requires the completion of an accredited course in Conveyancing. TAFE SA offers an Advanced Diploma of Conveyancing.

Still unsure? Then try a short course also offered through TAFE SA such as Introduction to Property Conveyancing. Check the website for the full list of short courses.

Career Path

Conveyancers in South Australia may be employed by financial institutions, other conveyancers that operate their own businesses, Law firms and government departments.

Persons may initially work as conveyancing clerks with a view to ultimately becoming a registered conveyancer in South Australia.

Industries

Finance and Insurance,  Government Administration and Defence,  Property and Business Services

Nature of the Job

Conveyancers acting for the vendor arrange for the removal of any encumbrances (mortgage repayments) on a title, draw up a statement for the purchaser outlining the rates and taxes due on a property, and liaise with purchasers about the transfer of a property.

Conveyancers acting for the purchasers attend to the preparation of title office documents, and initiate searches among relevant departments such as councils, the Water Corporation and the Land Tax department to ensure that all rates and taxes are paid in full at the time of settlement. They also instruct mortgagees about the transfer of property and liaise with the vendor's conveyancer regarding payment requirements. Once all parties to a transaction are ready, the purchaser's conveyancer arranges a time and place for settlement of the property. This usually occurs at the purchaser's financial institution.

Typical Physical Working Environment

The conveyancing profession in South Australia is well established and high standards are expected. Conveyancers often work in a challenging environment. They work to set deadlines and need to keep up to date with changes in the law and procedures relating to land transactions. They must also have excellent communication skills to enable them to deal with a wide range of clients and other professionals.

Typical Occupational Example

'Meeting a myriad of people, the clients, and dealing with their different needs and requirements is one of the aspects of my work that I particularly enjoy. A first-time buyer has to be treated differently to someone who has bought many times before,' says Wayne Reynolds. Koo has reasons of her own that help illustrate why she enjoys what she does. 'In December last year, I managed to save two of my clients a significant amount of money in one week after I resolved some issues before settlement. I get job satisfaction from doing my job well and in this instance, saving my clients' money due to my level of expertise. 'Although generally self employed, conveyancers may also be employed by other conveyancers, banks, finance companies, solicitors, building societies and government departments. In Western Australia, conveyancers focus mainly on residential conveyancing, although they may also undertake business settlements where they are licensed to do so.

Further information:

Australian Institute of Conveyancers - SA Division
Phone: (08) 8359 2090
Email: assist@aicsa.com.au
Website: www.aicsa.com.au

Earning Potential

The starting salary is approximately $18,000 and this may go as high as $35,000 for someone with several years' experience. Those in management or who opt for self employment can earn between $50,000 and $60,000 per annum.

Further Information

For further information about all TAFE SA Courses, phone 1800 882 661 or enquire online