Requisitions on Title

Question 1

What are requisitions on title?

Answer 1

Questions about title after reviewing title deeds

Question 2

What form does requisitions on title for residential transactions come in?

Answer 2

In the form of Law Society TA13

Question 3

What form does requisitions on title for commercial transactions come in?

Answer 3

Commercial Property Standard Enquiries (CPSE) form SCR (Solicitor’s completion requirements)

Question 4

What are the 5 parts of the content of TA13?

Answer 4

1) Vacant possession
2) Deeds and documents
3) Completion
4) Money
5) Mortgages and charges

Question 5

What does TA13 ask about vacant possession?

Answer 5

• Asks about key collecting arrangements
• If tenants, asks for authority for tenant to pay rent to buyer following completion

Question 6

What does TA13 ask about deeds?

Answer 6

If unregistered, asks for list of deeds and documents to be sent on completion

Question 7

What does TA13 say about completion?

Answer 7

• Asks for confirmation that completion will take place how (i.e. Formula B)

Question 8

What does TA13 ask about money?

Answer 8

Asks about seller’s client account details to send money and the exact amount payable on completion

Question 9

What does TA13 ask about mortgages and charges?

Answer 9

Asks seller’s solicitor to list mortgages secured and confirm undertaking to redeem them on completion

Question 10

What is seller’s undertaking to redeem mortgage?

Answer 10

To be done and applied for discharge

Question 11

How is a mortgage discharged at Land Registry?

Answer 11

Electronically, or via form DS1