High Risk Conveyancing Transactions & Clients - A Practical Guide

Introduction

Conveyancing transactions can involve a high level of risk due to a variety of factors, such as the latent dishonesty of the client, the nature of the transaction or the vulnerability of an individual.

This live broadcast session focuses on key issues, real-life scenarios, and addressing the perils that you might face as a practitioner.

What You Will Learn

This live and interactive session will cover the following:

• Is your guidance to co-purchaser clients adequate?
• Fraud risk: What are the current issues? How have the Conveyancing Protocol and Completion Code (both updated in 2019) affected your professional duties?
• Powers of attorney: Revocation, use and limitations of enduring powers, lasting powers in conveyancing transactions, fraud risks
• Insolvent seller or buyer: Dealing with entries on a bankruptcy search or on a registered title
• Does your client have capacity? When do you have to make an assessment? What factors do you need to consider?
• Undue influence - What types of transactions are the riskiest? How do you ensure the client is made aware of the downsides? Should you insist that independent legal advice be obtained? Law Society practice guidance, updated in 2019
• Mitigating the risk of financial abuse of elderly clients, including relevant professional guidance issued in 2020
• Right to Buy and the new Voluntary Right to Buy: your duties when a third party is funding the purchase
• Advising a seller client on whether a particular set of circumstances should be omitted from the property information form
• Gifts of property to avoid care home fees and the new social care cap announced in 2021: can the local authority pursue the transferee or transferor for such costs?

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.