Avoiding Claims in Residential Conveyancing - What Can Go Wrong?

Introduction

When you sit your exams there is a pass mark - it may be quite high such as 80 or 90%. Once you are in actual practice there is another pass mark but this time it is 100% and unless you are both very clever and extremely lucky there will be those occasions during your career when you simply get something wrong - that is why you have insurance.

But it is timely, especially as the duties of a conveyancer always seem to increase, that we take a look at some of the common areas that could cause problems in this virtual classroom seminar.

What You Will Learn

This live and interactive session will cover the following:

• The dangers of undertakings - what are you actually promising and do you have the authority and ability to comply fully
• Mortgages - allied to undertakings are the dangers of incomplete redemptions, wrongly executed documents and your obligations to the lender
• Conflict of interest - not always easy to spot but can lead to claims by one or more aggrieved client
• Breaches of professional rules, including billing, leading to claims not only by the former client but by your regulatory body
• Preliminary enquiries and replying to them - get the timing or wording wrong and a claim may follow
• Your behaviour as a professional - it doesn’t stop at the office door. A fine line between careless and dishonest activity
• SDLT and claims arising where the client has underpaid on your advice. Additional obligations under Help to Buy schemes
• Identity and fraud cases - you may get caught in the middle and who are you acting for?
• Land Registry rights of recourse where compensation has been paid to a registered proprietor, rejections, and loss of priority
• Leases, plans, escalating ground rent and service charges, easements, and covenants

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.