requisition on title

The receipted Form 53 is likely to follow a little while later, and the undertaking in respect thereof will have been given in replies to requisitions on title.

The conference also suggested that the standard requisitions on title be amended to include a reference to whether a seller's solicitor was also acting for the lender in the redemption of the mortgage.

The old rule was that requisitions on title were dealt with after contracts had been exchanged, and that prior to that time the questions were to be of a practical nature, as per the form of preliminary enquiries.

When you receive the buyer's requisitions on title, try to be more helpful than "cagey" in your answers and don't fall into the easy habit of giving stereotyped and evasive replies if you could be more helpful.

The same procedure should be followed in the case of other searches, the Schedules that may be attached to the official Certificate of Search, and also answers to your preliminary enquiries and requisitions on title made of the seller.

The need to deal with complicated unregistered titles will slowly disappear, but at the time of writing, it is very important to be able to read through an unregistered title and spot any errors that should form the subject-matter of requisitions on title.

To protect a buyer, it is best to advise making careful enquiry at the property: and include in one's requisitions on title, specific enquiry (now a standard printed requisition) as to whether any person other than the seller has any interest in the property.

(f) If, perhaps years later, your client sells the property now being bought, you'll still find your notes on title helpful in deciding on the root of title, in preparing the draft contract, and in dealing with your buyer's requisitions on title.

As soon as you've concluded your investigation of title, and whilst, with the help of your notes on title, it's still fresh in your mind, prepare your requisitions on title (with, of course, an additional print or carbon copy for the use of the seller's conveyancer).

This is a reminder to go through your papers, particularly the offer of advance by a building society if this is on your file and requisitions on title, to check that by the time you go to completion you can satisfy the mortgagee on every point he, she or it has raised.