Responding to Completion Crises: Key Issues for Conveyancers

Description

It can be very stressful for conveyancers when things go wrong immediately before completion is due to take place.

During such challenging moments, it is essential for practitioners to assess the nature of the problem at hand and to quickly take practical steps to resolve the issue.

This essential course will examine current risk management issues and practical tactics for protecting the client. The areas covered include—

1. If completion does not take place on the due date, what are the innocent party’s remedies?
2. What can be done if vacant possession cannot be obtained because an occupier refuses to leave?
3. If the seller’s Conveyancers do not agree to abide by the Code for Completion by Post, are there any risks for the buyer’s Conveyancer?
4. Should you accept an undertaking to do something outside the other Conveyancer’s control?
5. What are the dos and don’ts when preparing and giving a notice to complete?
6. Should the innocent party consider rescission of the contract if the other side fails to complete at all?
7. On new build purchase, what can be done if the buyer complains that the property does not comply with the agreed plans specifications?
8. Who is responsible for damage caused to the property between exchange and completion?
9. What should you do if a fraud is discovered immediately after completion?
10. A home rights notice has unexpectedly been registered against the seller’s title — what can you do?
11. What steps can be taken if the seller dies between exchange and completion?
12. Auction purchase: the client instructed you after the hammer fell