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Question:
You work for Tract & Co, Licensed Conveyancers of High Street, Northtown,Cornwall. You have an appointment with a new client, Miss Helen Troy. At yourmeeting, she tells you that she would like to purchase Lilac Cottage on the edge ofthe picturesque village of Trepolpen. The price will be £125,000.
1. Briefly outline the matters which you will discuss with your client at this time. (15marks)
2. Outline, with a brief description, the searches you would be likely to make at thisstage, bearing in mind the location of the property. You should assume that thecottage has an unregistered title. (10 marks)
The Seller’s conveyancers, Greensward & Co. of the Parade, Northtown, contact youconfirming the sale price. They state in their letter that they have been instructed bythe Seller and will forward all relevant documentation as soon as possible. They statethat they will be adopting the Protocol.
3. Briefly outline what documentation you would expect to receive from Greensward &Co and its purpose. (10 marks)
4. When checking the draft contract received from Greensward & Co., what will yoube looking for and why? (15 marks)
Assignment 1: 50 marks
Top of pageAssignment 2:
Question:
1. What is required in law to show a good title?
(5 marks)
You continue to progress Miss Troy’s purchase of Lilac Cottage, Trepolpen. You havereceived (amongst other things) an Epitome of Title. The Cover Sheet records thefollowing: (NOTE that documents have not been reproduced.)
Date
Document
Parties
Original
19 Jan1961
Conveyance
Mary Jane Dawe(1)
David Alan Roe &Mary Green (2)
Yes
19 Jan1961
Mortgage
David Alan Roe &Mary Green (1)
Cornish Bank Ltd(2)
Yes
15 Mar1977
Death Certificate
Mary Roe
27 Oct
Legal Charge
David Alan Roe
Yes
112
1985
(1)
Barclays Bank Ltd(2)
You note that the Sellers are Philip Robert Roe and Jenny Davidstow, acting as thePersonal Representatives of David Alan Roe.
2.On the basis of the documentation