The owners have rather brash vendors who has insisted on a lock out contract with a payment 6,000. Are such arrangements generally advanced for County Durham conveyancing transactions?
There are a couple of primary drawbacks with signing a lock out agreement (also known as a no-shop agreement) is that it diverts attention away from progressing with the conveyancing process, so unless it requires limited or no negotiation then it could turn out to be unhelpful. It is not promoted by County Durham conveyancing lawyers as a result. The other main issue is the extent of the remedies available - a jilted buyer should not expect to obtain injunctive relief to bar the owner completing the sale to another buyer, so the only remedy available under the contract will be the recovery of wasted costs and, in limited situations, the additional payment of penalties.
After researching consumer advice sites for a conveyancing lawyer in County Durham, many say that I should look for a CQS kitemarked solicitor. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with best practice conveyancing processes through the scheme protocol It covers many companies who execute conveyancing in County Durham.
How does the Landlord & Tenant Act 1954 affect my business premises in County Durham and how can you help?
The particular law that you refer to gives security of tenure to commercial lessees, giving them the a statutory right to make a request to court for a new lease and remain in occupation at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in County Durham
As co-executor for the estate of my grandmother I am selling a property in Newport but reside in County Durham. My conveyancer (who is 260 miles awayneeds me to execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing lawyer in County Durham who can attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are located in County Durham
I'm remortgaging a house in County Durham. I can find my conveyancer's company on the CLC list, but I can't find my conveyancer's name as listed on the regulator's website. Is this a big problem?
Not all staff in the company must be listed by the regulator. Provided there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unlicensed staff.