Example sentences of "you act for " in BNC.
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| 1 | ( 2 ) If you know who they are , write to the conveyancers for the seller or buyer , as the case may be , confirming that you are acting for your client , and if your client is the buyer asking for the draft contract documentation , or if you act for the seller , either sending or promising to send the draft agreement for sale . |
| 2 | ( 4 ) If you haven " t already heard , write to the selling agent for full particulars of the sale and parties , etc. ( 5 ) If you act for a seller whose unregistered title deeds are with a bank , building society , etc , write for the deeds , or ( if they are not clients of yours ) for the name and address of the conveyancers to whom they will be sent , and from whom an abstract can be obtained . |
| 3 | When writing to a building society , never omit the mortgage reference number , or there may be some delay in receiving a reply , and if you act for your client 's bank , building society , etc , you will of course normally ask them to send the deeds direct to you ; in such a case include in your letter , if there is an existing mortgage to be discharged on completion ( as there will be in the case of a building society and may be in the case of a bank ) , an undertaking to hold the deeds on behalf of the bank or society , to return them on demand , not to part with the same except on completion of the sale , and to discharge the society 's mortgage . |
| 4 | If you act for the seller of a building estate , even though it comprises no more than a dozen houses or flats , it will repay you to have printed as many documents as possible ( drafts and engrossments of conveyance or lease , contract , etc ) and to anticipate as far as you can a buyer 's preliminary requirements . |
| 5 | When you act for a buyer , always go through the answers you receive to your preliminary enquiries , search and additional enquiries made of the local authority , marking each of these with a tick if it is satisfactory , or with a cross if it is not , or if it requires further elucidation . |
| 6 | So if you act for both , search in the name of the mortgagee ; if the mortgagee is separately represented , and you are satisfied that a search has been made , you may think it unnecessary to search too , if you are confident that the mortgagee will lodge the application to register transfer and mortgage promptly . |
| 7 | If you act for a mortgagee on such a purchase of unregistered land , you will again need a certified copy of the mortgage document ; so be wise in time and have a spare carbon or print ( if you are using a building society or other printed form ) prepared when engrossing . |
| 8 | When you act for buyers who intend that a leasehold interest shall merge in the freehold ( leaseholders buying the freehold reversion on their lease , or freeholders buying the lease to which their title is subject ) it 's convenient to express the intention to merge in the transfer or other instrument vesting the second estate in the owner of the first if this is intended , but beware of such an application in the case of a flat — if , for example , your client owns a leasehold flat and buys the freehold of the whole building in which it is situate . |
| 9 | If the conveyancer for the lessor refuses to delete it , or if you act for a purchase of an existing lease that includes such a provision , you should always explain to your client the nature of the provision , its unusual nature and its disadvantages ( putting off a subsequent prospective buyer or mortgagee , delay and expense in taking up references and obtaining the licence ) . |
| 10 | If despite your gloomy forebodings your client nevertheless instructs you to proceed , confirm your advice and his instructions by letter , and advise your client 's mortgagees , if you act for them , or if not , advise their solicitors of the provision and do n't agree the draft until you know that the term is acceptable to them , too . |
| 11 | Here are some points on this agenda when you act for a seller , mortgagor or lessor . |
| 12 | In such a case when you act for a building society-mortgagee , therefore , you will hand over an undertaking to the buyer 's conveyancer , undertaking forthwith to redeem the mortgage and to send the redeemed mortgage or ( as the case may be ) LR form 53 to the other side . |
| 13 | As when you act for a seller or mortgagor , add any other documents which suggest themselves as the matter proceeds . |
| 14 | ( h ) Declaration of trust If you act for joint buyers , prepare now the declaration of trust mentioned on taking instructions ( p17 above ) . |
| 15 | With a registered title , this is normally the only final search you make except when you act for a mortgagee : then a bankruptcy search must be made against the borrower because your title search will not , of course , reveal anything about him or her . |
| 16 | In the case of a registered title there 's one occasion , as mentioned above , when you make a land charges search , and that 's when you act for a mortgagee . |