Samantha is in the process of purchasing a property from Thomas. They have agreed on the terms, signed the contract, and have their respective conveyancers to facilitate the transaction. Samantha's conveyancer, ABC Conveyancing, is responsible for monitoring the progress of the settlement and ensuring all contractual obligations are fulfilled within the stipulated timeframes. However, several unexpected challenges arise during the process, resulting in delays and rescheduling of actions related to the settlement transaction.

In this scenario, discuss the different monitoring procedures and solutions that conveyancers can use for situations where actions are delayed, extended, or rescheduled in settlement transactions. Provide the example of Samantha and Thomas's transaction to illustrate the challenges faced and how they can be addressed.

Answer rating: 100% (QA)

In settlement transactions like the one between Samantha and Thomas conveyancers play a crucial role in monitoring the progress and ensuring all contractual obligations are met within the stipulated t... View the full answer