The Law Society Conveyancing Protocol Flashcards

(8 cards)

1
Q

What is the use of the Law Society Conveyancing Protocol?

A

To ensure all clients treated fairly and protected

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the Law Society Conveyancing Protocol?

A

Sets out steps when acting in sale or purchase of home

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which transactions does the Law Society Conveyancing Protocol apply to?

A

Residential homes, other than new build homes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Is the Protocol voluntary?

A

Yes, although Solicitors who are members of the Law Society’s Conveyancing Quality Scheme, have to adopt the Protocol

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

When could a Solicitor breach the Protocol?

A
  • Use non-Protocol standard enquiries indiscriminately
  • Raise enquiries that seek seller’s opinion rather than fact
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Can seller solicitor deal with enquiries that do not comply with Protocol?

A

They do not have to

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What are the consequences of breaching the Protocol?

A

Can be removed from membership of Conveyancing Quality Scheme

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Which list of conveyancing items do Solicitor’s agree to adopt through Protocol?

A
  • Standard conditions of sale (incorporated into contract)
  • Property forms
  • Formulae for exchange
  • Code for completion by post
How well did you know this?
1
Not at all
2
3
4
5
Perfectly