The Conveyancing Association (CA) - the leading representative body for the conveyancing industry – has…
Completion failures can result in lost deposits, breach of contract and financial compensation claims.
Even after exchange of contracts, a property transaction is still exposed to risk. Mortgage offer withdrawals, redundancy, bankruptcy, broken chains, or even removal issues can result in completion defaults. It’s crucial that solicitors know how they can successfully resolve any of these issue during completion.
That’s why property search specialists, Conveyancing Data Services, part of tmgroup, and Redbrick Solutions are teaming up to present a free CPD webinar that will guide solicitors on the most effective ways to deal with seller or buyer default at completion.
Completion Day Nightmares – What to do When Things go Wrong?
Date: Thursday 12th September 2024 at 2pm
During this hour-long training session, IQ Legal Training’s Chief Executive, Ian Quayle, will explore:
- Investigating what has gone wrong and the implications arising from default – practical tips
- Preparing to serve a notice to completes, drafting and serving the notice, and advising the innocent and defaulting client
- Temporary default – protecting your client’s position when completion is delayed
- Catastrophic default – preparing for a breach of contract claim
- What happens to the deposit – S49 LPA 1925 and other issues
Solicitors of all levels and experience are welcome to participate, with opportunity for delegate questions and extensive notes provided to delegates.