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Chapter 12 Multiple choice questions
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You are instructed by a client, Trash Clothing Limited, who have exchanged contracts to buy a retail shop in a shopping development in the Centre of Chester. Completion is set by the contract for next Friday. It is a registered leasehold title and your client is a cash buyer. Which of the following searches will you normally make before completion?
Land registry search
correct
incorrect
Bankruptcy search
correct
incorrect
Local land charge search
correct
incorrect
Land charges search
correct
incorrect
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not completed
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You are instructed by a client, Ms Meera Patel, who has exchanged contracts to buy a semi–detached house in Hounslow to the west of London. Completion is set by the contract for next Thursday. It is a registered freehold title and your client is buying with the aid of a mortgage from the Halifax Plc for whom you also act. Which of the following searches will you make normally before completion?
Land Charges search
correct
incorrect
Local Land Charge search
correct
incorrect
Land Registry Index Map search
correct
incorrect
Bankruptcy search
correct
incorrect
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not completed
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The final pre–completion search in unregistered land gives priority to a purchaser making the search of a fixed period of time. How long is this?
15 working days.
correct
incorrect
15 days.
correct
incorrect
30 working days.
correct
incorrect
30 days.
correct
incorrect
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