Conveyancing
A transaction that cannot complete with anything still standing
Sales, leases, mortgages and gifts of land run as one transaction on the matter, with searches, requisitions, deeds, stamping and completion in order, and each property kept beyond its matters.
Who uses it
What each person does with it
- Associate
- Records each search and its result, raises requisitions on title, drafts the deeds and takes them through execution, stamping and registration.
- Partner
- Gives leave where a rule may be passed, such as an open requisition, and answers for the undertakings given on the firm's matters.
- Accountant
- Agrees the completion statement, with outgoings apportioned by the day, and the stamp duty and disbursements the quote expected.
- Secretary
- Keeps the property register with each encumbrance and its discharge, and the title originals the firm holds for each property.
What it does
Conveyancing, in detail
Marked as in the product today or still being built.
One transaction per matter
In the productWhich side the firm acts for, acting for both only with a reason where the firm allows it (L.I. 2423), and each stage refused with what stands in its way named.
The quote
In the productThe professional fee from the matter's scale or fixed fee, the tax on it, the stamp duty and each disbursement, printed as a letter on the firm's letterhead.
Due diligence and deeds
In the productSearches with their fees and results, requisitions on title, and each instrument through execution, the oath of proof, stamping and registration.
Completion
In the productA completion statement drafted line by line, apportioned by the day, and never changed once agreed.
AML flags on the transaction
In the productA politically exposed party, cash over the threshold, a foreign party, a value far from the assessment, a third-party payer or a rapid resale, each with its reason.
Properties and undertakings
In the productA register of properties with their tenure and what burdens them, and undertakings with the lawyer who gave them, kept until discharged or released.
Help centre
How it works in practice
The guides a firm's people use, open to anyone deciding whether it fits.
- Run a conveyancing transactionOpen the transaction on a conveyancing matter and work it from the searches through execution, stamping, registration and completion, with its AML checks and client updates.
- The property registerRecord each piece of land or building the firm's transactions are over, with its survey and registry particulars, what burdens it and every matter it has been on.
- UndertakingsRecord each undertaking a lawyer of the firm gives on a matter, keep it in sight until it is discharged or released, and read the firm's register of them.
- Conveyancing settingsKeep the rules a conveyancing practice works to, which kinds of matter are conveyancing and what each requires, the stamp duty and disbursement rates, the client milestones and the firm's conveyancing rules.
See it against your own matters
A 45 minute walkthrough using your own matters. No commitment, and nothing to install to watch it.