Auction Conveyancing - A Guide to the Potential Pitfalls

Introduction

Selling a property at auction has been a popular method of selling for some time, but there are pitfalls for clients - auction is often the way to sell properties with structural or title problems. The issue for conveyancers is often that they receive instructions late, if at all. The rise of online auctions is another factor for the wary conveyancer and their client to look out for.

This virtual classroom seminar will be delivered by property expert Lorraine Richardson and delegates will have the chance to ask questions during the session.

What You Will Learn

This live and interactive session will cover the following:

• Why sell at auction?
• What does the auctioneer have to disclose?
• The auction contract - a reminder of the key points
• Common Auction Conditions 4th edition in outline
• What does the RICS guidance on the auction conditions say?
• How to prepare an auction pack
• Pitfalls for the buyer of an auction property
• Online auctions

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.