The New Conveyancing Protocol & the Practical Implications for Conveyancers
The Law Society’s Conveyancing Quality Scheme is designed to improve standards of conveyancing practice, enhance conveyancers’ credibility and deter fraud.
This 5-hour course will examine the main aspects of a key pillar of the scheme: the Conveyancing Protocol, which was updated in August 2019.
One key objective is to provide a commentary on important elements of the Protocol and the implications for you in your day-to-day practice.
What You Will Learn
This course will cover the following:
- Regulatory requirements, including source of funds such as third-party contributions and verifying bank account conducted by the seller
- Advising sellers on completing information forms (including the 2020 edition of form TA6)
- Identifying documents to be obtained and considered
- Taking steps to protect the interests of the buyer
- Addressing defects in title, missing documents (e.g. consents, guarantees, certificates, deeds)
- Preparing and receiving the contract bundle
- Additional enquiries: when to raise them and when not to
- Leasehold conveyancing - enquiries, managing agents, third party consents to sale
- Obtaining redemption statements, undertakings contained in the Law Society Code for Completion by Post (2019 ed.)
- What the Protocol says about the Lenders’ Handbook, lender requirements, reporting to lender and acting solely for a lender
Please let us know if you wish to be notified.
Please let us know if you wish to be notified when new dates are added for this programme