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Return to Property Law 14e Student Resources
Chapter 13 Multiple choice questions
Completion
Quiz Content
*
not completed
.
You act for Montague King who has instructed you to complete the purchase for him of a registered freehold bungalow in Lytham St. Annes, Lancashire. It is owned by Dolores McFadden and is presently subject to her first charge with the Megalopolis Bank Plc. Which of the following might you expect to receive in exchange for the purchase monies? Please select the choice
not
available at completion
The keys
correct
incorrect
Form DS1
correct
incorrect
The charge certificate
correct
incorrect
The transfer duly signed and dated
correct
incorrect
None of the selections apply
correct
incorrect
*
not completed
.
At completion where there is a sale of part out of a larger unregistered title, a memorandum of sale should be endorsed on the last deed in the title retained by the seller.
Is this statement true or false?
True
correct
incorrect
False
correct
incorrect
*
not completed
.
You act for Winston Douglas, the seller of a luxury flat in Clapham South London. Contracts have been exchanged using the fifth edition of the Standard Conditions of sale unaltered and completion is due today. The buyer wishes to complete personally and to hand over the purchase monies by banker's draft. What should you do?
Complete.
correct
incorrect
Complete but hold the deeds until the draft is paid into your bank.
correct
incorrect
Complete at your bank to facilitate payment of the draft.
correct
incorrect
Refuse to complete.
correct
incorrect
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