This article discusses about the standard form that is sent by the buyer’s solicitor seeking details prior to completion.
A standard form containing commonly asked questions is available at most law stationers. This form contains administrative questions such as details about the mode of payment, time and place of completion etc. Questions can also be added in this standard form. When the title has already been investigated, the only confirmation that is to be sought from the seller is whether anything has been altered since the exchange. The buyer’s conveyancing solicitor sends two copies of these standard forms; one to be answered and sent back to the buyer and the other to be kept with him for future reference.
Another key area to be discussed before completion is the discharge of the seller’s mortgage. In Protocol cases, it is mandatory to make use of the TA13 Complete Information Undertaking. The form asks for confirmation that all existing mortgage obligations have been discharged, or shall be done on completion. This confirmation serves as an undertaking thereby avoiding the need to provide one on completion.
Conveyancing solicitors can also follow the Solicitors Completion Requirements in non Protocol cases. This is published by the PLC Property Law and asks if an undertaking shall be provided. And if so, a draft will be provided to the buyer’s conveyancing solicitor for his approval.
It is the job of the buyer’s conveyancing solicitor to ensure that all answers to his queries are to his satisfaction. And those that are unsatisfactory shall be taken up with the seller’s conveyancing solicitor for further enquiries.
Photo courtesy: Corey Templeton
