Instructions have been received from a client to start the process for drafting an Agreement for...
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Instructions have been received from a client to start the process for drafting an Agreement for Sale and Purchase. The client wishes to purchase a property at 10 Nowhere Lane, Somewhereville from her friend, Aul Abot de Sail. The client has left a copy of the title she was given by Aul that he had in his property documents. It is about 6 months old. Required: a) In your own words explain what information could be used to complete a search on the property to obtain a current copy of the title. b) Why is a current copy of the title required? Instructions have been received from a client to start the process for drafting an Agreement for Sale and Purchase. The client wishes to purchase a property at 10 Nowhere Lane, Somewhereville from her friend, Aul Abot de Sail. The client has left a copy of the title she was given by Aul that he had in his property documents. It is about 6 months old. Required: a) In your own words explain what information could be used to complete a search on the property to obtain a current copy of the title. b) Why is a current copy of the title required?
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