
In conveyancing, “fees” and “disbursements” are two different types of costs associated with the legal process of transferring property ownerships. The distinction between the two is as follows:
- Fees: Fees refer to the professional charges for the conveyancing service.
- Disbursements: Disbursements are expenses incurred by the conveyancer on behalf of the client during the conveyancing process. These are third-party costs that the conveyancer pays upfront and then recovers from the client. Disbursements are not fees for the conveyancer’s professional services but rather expenses related to carrying out the conveyancing work.
While fees are charged for the professional services provided to transfer property ownership, disbursements are the expenses incurred by the conveyancer on behalf of the client during the conveyancing process. Both fees and disbursements contribute to the overall conveyancing cost.
For more questions about fees and disbursements in conveyancing, contact Red Door Conveyancing on 03 8456 6797.
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.