What To Expect
This course has been designed to assist learners in their journey to understand the conveyancing transactions from taking initial instructions all the way through to completion on a freehold residential property.
Alongside a pre recorded power point presentation you will also be provided with Q&A, ongoing case study and additional study resources to help support your learning. You can study when you like to fit this in around your busy schedule.
Course curriculum
Our full course covers the below content.
· Transactions in a conveyancing office and distinctions between registered and unregistered land
· Process for sales and purchase and responsible conveyancing practice
· Total transaction costs and different types of co-ownership
· Surveys and information to progress to a standard sale or purchase
· Obtaining title deeds
· Legal requirements for a valid contract and deposit
· Contract of sale
· Pre-contract searches
· Local land charge search and standard enquiries
· Apply an understanding of pre-contract searches
· Property Information Form
· Additional enquiries and applying an understanding
· Due diligence title checks
· Identify information from pre-contract searches
· Mortgages and mortgage lenders
· Lender’s handbook and SRA Rules and Regulations
· Apply understanding of acting for a mortgage lender to a given scenario
· Obtaining title deeds and purpose of a redemption statement
· Undertaking to redeem and discharge of a mortgage
· Cancelling a mortgage and applying an understanding
· Exchange of contracts
· Simultaneous exchange on a sale and purchase
· Apply an understanding on exchange of contract to a given scenario
· Pre-completion searches and requisitions
· Transfer of whole TR1 and completion checklist
· Completion statement
· Chain completion and applying an understanding
· SDLT and requirements for land registration
· How land is registered and post completion work
Content to include problem scenarios where appropriate with answers for self-reflection, additional resource to include handouts, practical illustrations, ongoing case study and example letters.
-
1First Section
-
2INTRODUCTION