Changes to conveyancing and boosts to house building
A look at upcoming changes to conveyancing and measures to stimulate housing development
Next year, the buying and selling of real estate will move to a PCIT system. The practical impact of this change is that all sellers, through their solicitor, will need to produce copy title and replies to requisitions with vouching documentation pre-contract. Buyers’ solicitors will need to investigate title pre-contract. Therefore, all property title queries will be dealt with and resolved in advance of contract signing. This is an important step in the modernisation of...
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