CILEx Conveyancing Level 3 Practice Exam

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• Why would you carry out a chancel repair liability search?
• Before registration, what is the buyers' interest status?
• Describe how, in the contract documents, you would deal with the carpets and curtains which are being sold for an additional £1,200 and explain why.
• If registration isn't within the OS1 priority period, what is the effect on the transfer?
• What action would you need to take in respect of the Unilateral Notice to enable you to satisfy the buyer's lawyer?
• Which description best represents the position before exchange for 5 Star Road?
• In the SRACC framework, when can the 'substantially common interest' exception to the conflict rule apply?
• Which form is used to list included fittings and contents in the contract for SALE PROPERTY?
• What is the purpose of a Completion Statement in relation to Bramble Cottage?
• What is the primary purpose of a separate declaration of trust for co-ownership in a property?
• Why would a Commons Registration search be relevant for Bramble Cottage, and what information would it typically reveal?
• Under s.2 of the Law of Property (Miscellaneous Provisions) Act 1989, which requirements must be satisfied for a contract for the sale of land to be valid?
• Which handbook should you consult to obtain the lender's instructions regarding an adult occupier?
• Which action is a direct anti-money laundering check you would perform when you first receive instructions to act in the sale?
• Which is a step you need to take in respect of the unilateral notice, in order to resolve any concerns?
• Who may lose out if third party interests gain priority due to late registration?
• Two covenants implied under full title guarantee are:
• Identify five documents that you would include in the pre-contract package to be sent to the buyer's lawyers on your client's sale of 25 Kynaston Road.
• Identify and explain the documents you will send to the Land Registry when applying for registration of Honeysuckle Cottage.
• From where will the deeds packet for 3a John Street be obtained, and what undertaking would be given?
• If a Green Deal plan exists on the property, what clause is typically inserted in the contract regarding repayments?
• If you act for a lender as well as for either the buyer or the seller, the duties owed to the lender client are ...
• Explain why your client should appoint a second trustee to act jointly with her in the sale of 25 Kynaston Road.
• Which obligation requires using the most up-to-date version of the Code for Completion by Post, contract, forms and accompanying guidance?
• What is the purpose of a unilateral notice in the charges register?
• What could happen if you fail to deal promptly with a requisition raised by the Land Registry?
• Describe how you would deal with the carpets and curtains, which are being sold for £1,200, in the contract documents and why.
• Which document confirms the builder's warranty cover for the property and NHBC protection?
• Identify why you would undertake a Company Search against the seller, when you would undertake such a search and what information it would provide.
• Which four amendments would typically be required to a draft Transfer for Bramble Cottage?
• Explain why the Transfer will need to be executed by all parties.
• What may happen if the OS1 priority expires before the transfer and mortgage are registered?
• Under a full title guarantee, which two covenants are implied?
• What is OS1?
• Prior to exchange of contracts on 5 Star Road, which matters will you check on behalf of Framer Bank UK PLC?
• What is the effect of providing an undertaking to discharge a mortgage on completion, and what is the consequence if it is not fulfilled?
• What is the purpose of obtaining a redemption statement after exchange/before completion?
• Identify the consequences for your firm of failing to comply with the undertaking relating to the discharge of the mortgage to Lodgers Bank Ltd.
• Describe what you would do with the title information document once it has been received from the Land Registry.
• In relation to registration, which statement is true before the transfer is registered?
• For redemption of an existing mortgage on completion, what document would the buyer's lawyer require and what must be checked before providing it?
• Which statement best explains the reason for checking the title upon receipt of title documents?
• Which amount is the total SDLT payable on a £490,000 purchase if no exemptions apply?
• LENDER will require certain details to provide a redemption statement. Which item is required?
• Identify a step that must be taken, in order to carry out completion by post on the purchase of The Willows.
• Which type of document would you request to prove the change of name between the seller's registered surname and the person named in the contract?
• Under what circumstance is it permissible for a lawyer to act for both clients and the bank in a Bramble Cottage transaction?
• What age must an Energy Performance Certificate be at the time of assessment?
• In relation to the mortgage, why would you send a certificate of title to the lender?
• Which pre-completion search is used to check bankruptcy status?
• Which of the following represents six pre-contract matters you would check before you would be in a position to exchange contracts on 19 Hamilton Road?
• If a Green Deal is in place on the property, what must be done in the contract?
• Identify the correct statement regarding restrictions registered by mortgagees on a title.
• Which item is supplied as part of the pre-contract package to verify planning matters for Rowton Cottage?
• Which statement correctly describes the unilateral notice removal on completion?
• What happens to the beneficial joint tenants' interests on the death of one?
• Which of the following is a general obligation on conveyancers under the Law Society Conveyancing Protocol?
• On behalf of the lender, when an adult occupier intends to live with the purchasers on completion, which steps must be taken?
• What potential liability could arise for the lawyer?
• Which action is appropriate to address concerns about adult occupier Jessica in the property transaction?
• What does Absolute title mean for the property?
• To be valid, the transfer must be executed under which statute?
• Registration and OS priority: What is a possible consequence if you fail to apply for registration within the priority period?
• Which statement about the Energy Performance Certificate (EPC) is correct?
• Under SRACC 2011, a lawyer may act for both the client and the lender in a property transaction if there is a substantially common interest and the client's consent. Which condition is part of the exception?
• On completion of a property in Wales, which tax is payable by the buyer?
• Which remedy would address a title issue arising from a restrictive covenant breach by the seller?
• Which two forms will be used to make a local search, and what two examples of information could the result provide?
• Identify which pre-contract matter you would check before you would be in a position to exchange contracts.
• What is the effect and meaning of a Possessory Freehold title in the Proprietorship Register, and what action might be necessary?
• Why must the balance requested in the completion statement be paid in good time before completion?
• Which document must you provide to Pan Euro Bank plc before the mortgage advance is released?
• What is the primary purpose of an Index Map search in a pre-contract check for a property with a right of way over a lane, and what information would it reveal?
• Which of the following is not an appropriate amendment to the draft Transfer for Bramble Cottage?
• Why check your title for incumbrances upon receipt of title documents?
• Which item would be a disbursement on a completion statement?
• What is the purpose of inserting the Contents price at the front of the contract and attaching TA10 when fittings and contents are included in the sale?
• Which form is used to apply for registration of a purchase with the Land Registry?
• Explain the purpose of Form TA6 and describe its legal effect; give two examples of the type of information the form provides.
• An undertaking given by a firm in relation to the redemption of an existing mortgage is binding on the firm and must be complied with even if there is a shortfall from the sale proceeds. What is the correct consequence?
• Which investigations are recommended in respect of the Conveyance dated 25 October 1991?
• What does the term 'legal ownership' require in this context?
• Which pre-contract search would reveal whether there is a right of way over a lane?
• Which pre-contract search would you make in light of the property being on Coal Lane and the register showing that rights to mines and minerals are reserved, and why is this search necessary?
• Which option best describes the purpose of the memorandum of exchange?
• Which of the following would NOT be a matter to check on the date of completion?
• When does the mortgage become a legal charge?
• What is the effect of a Unilateral Notice shown in the Charges Register of a registered title?
• What is the purpose of completing and obtaining satisfactory replies to Completion Information and Undertakings Form TA13?
• Under the general obligations, you must comply with the Money Laundering Regulations 2017 and client identification requirements.
• Explain the purpose of the redemption statement that the seller's lawyer will need to obtain from Pan Euro Bank plc prior to completion.
• Which statement about the validity of a contract for sale under s.2 LPA 1989 is correct?
• In a trust of land with co-owners, how is the legal estate held?
• What is the purpose of the title plan?
• Which statement is true about the completion steps regarding the Transfer and relevant completion documents?
• In your answer booklet, draft the contents only of a pre-completion checklist for the sale of 3a John Street. Which item would be included?
• Which of the following is a feature of an interest-only mortgage?
• Identify a preliminary step you would take when your firm first receives instructions to act in the sale of 25 Kynaston Road with regard to anti-money laundering?
• Which professional rule governs acting jointly for clients Amanda Turner, Bijal Patel, and Pan Euro Bank in relation to Bramble Cottage?
• Which of the following is NOT a typical purpose of the title plan for a registered title?
• Which option best describes the removal of a unilateral notice before exchange?
• Explain whether Gerald Vaut would need to sign the contract for the sale, and give the reason for your answer.
• Which description best defines a 'legal charge' in the context of a mortgage?
• Which two searches are required after exchange of contracts but before completion to protect your clients' purchase of Park Lodge, and what is the purpose of the Land Registry OS1 search?
• Which provision ensures documents are sent to the buyer's lawyer no later than the end of the next working day after completion?
• Identify the required time frame for applying for registration of the purchase at HM Land Registry and the consequences of not doing so, including the changes to register PB114832 on completion.
• Which statement best describes what the local search may reveal about roadworks near the property?
• Identify the class of title for Honeysuckle Cottage and what it means.
• Which matters are typically revealed by a CON29 search?
• Which sequence best describes how to deal with a unilateral notice?
• Which two forms of beneficial co-ownership are mentioned for property?
• Under what circumstances can a lawyer act for both clients and the bank despite a potential conflict of interest?
• How is the lender's security affected if registration is delayed?
• Which measure could have prevented the requisition being raised and how should you respond?
• Which statement accurately describes the deposit arrangement on exchange?
• Identify five financial aspects of your client's purchase of Rowton Cottage which you would need to discuss with him when receiving initial instructions to act for him in his purchase.
• Which step is involved in discharge of the mortgage on completion?
• Which formula will be used to exchange contracts on The Willows in a linked transaction?
• Why are photocopies of the Title Information Document and title plan not sufficient as evidence of registered title to 19 Hamilton Road?
• Prepare the contents of a letter explaining what is meant by a mortgage and describe two types of mortgage.
• Which additional pre-completion search is explicitly mentioned as needing to be checked, besides OS1?
• Explain the effect of Possessory freehold on title risk and what options exist for addressing lender concerns.
• Explain why your client should appoint a second trustee to act jointly with her in the sale of 25 Kynaston Road.
• Explain the key features of the Energy Performance Certificate (EPC).
• In responding to Mr and Mrs Mahmood's request to move into 5 Star Road at 8am on the day of completion, which conclusion is drawn?
• Explain the effect of Miss Patel and Mr White owning as beneficial joint tenants.
• What is the purpose and advantages of having a separate declaration of trust signed by your clients relating to their co-ownership of the property?
• What is the purpose of arranging for the lender to execute e-DS1/ED?
• Which of the following is a pre-contract matter you would check before exchange, and why is it important?
• Which is a correct pre-completion search for the property?
• Explain the reasons why a TA6 form is required and describe the legal effect of the replies given in the form. Give two examples of the type of information which the form will provide.
• Which Law Society Formula would be used when the seller has a related purchase in a chain transaction?
• If the transaction is not registered within the priority period, which statement directly addresses the consequence?
• Describe five steps you would need to take in relation to the easement reserved over the property (drainage).
• Photocopies of the Title Information Document and title plan will not be sufficient as evidence of your client's registered title. Which documents are required instead?
• Under the Standard Conditions of Sale, how is the deposit held on exchange of contracts?
• What does the memorandum of exchange document record?
• What is the purpose and effect of the Unilateral Notice shown in the Charges Register of a registered title?
• What is the professional consequence for the firm providing this undertaking?
• Identify the financial payments you will have to deal with on receipt of the proceeds of sale.
• Which combination of forms is used for a local land search, and what example information could the search reveal?
• Which of the following is NOT a factor to check in relation to an easement affecting a property?
• After registration has been completed, which item would you check in the Title Information Document first?
• What search would you carry out to assess drainage and water services for a property, and from where is it obtained?
• What actions are required in relation to energy performance when purchasing the property, including Green Deal considerations?
• In relation to the redemption of the existing mortgage on the property, what form of document would the buyer's lawyer require from you on or before completion, and what would you need to obtain and check before providing this?
• What is the purpose of Form LTR SDLT5?
• Which matter is addressed at exchange of contracts on the properties?
• Which best describes the 'priority period' created by OS1?
• The principal risk described arises from which event?
• Which document is a prescribed form of transfer of the property to the client for registration at the Land Registry?
• Why should planning matters be checked before exchange of contracts?
• What action would you need to take in respect of the Unilateral Notice to satisfy the buyer's lawyer?
• Explain the consequences of failing to respond to the requisition.
• Which Law Society Formula would you use to exchange contracts for the sale of 3a John Street and state why you would use this particular Formula?
• Identify four matters that should be included in a client care letter.
• Why would you send a copy of the Title Information Document to the buyers and the lender?
• In summary, what is the main risk if registration is not completed within the OS1 priority period?
• Completion Statement: What is the main purpose of sending this document to clients in a property purchase?
• Which of the following is listed as a method to deal with the range cooker in the contract of sale?
• Which form must the certificate of title be provided in to a mortgagee?
• Under the Law Society Conveyancing Protocol, which statement best describes the handling of additional pre-contract enquiries?
• On exchange, how is the deposit held by the seller's lawyer under the Standard Conditions of Sale (5th edition, 2018 Revision)?
• Which of the following is NOT a provision of the Law Society Code for Completion by Post as it applies to the seller's firm?
• Explain the legal and practical effects of an exchange of contracts taking place on your clients’ purchase.
• Which standard form of contract is appropriate to use when drafting the contract for sale of land in this case?
• Which body is typically used to discharge a restrictive covenant?
• Special Condition 7—what is true about its effect on occupancy and completion?
• Which form must be signed or approved by the client for SDLT purposes?
• Why must Ian White sign Special Condition 7 in the contract, and what does it ensure?
• Which amendment would you make to the draft Transfer?
• Identify the statute that governs implied covenants for title in a sale with Full title guarantee, and state which covenants will be implied.
• In relation to the seller’s registered title, what is a likely pre-contract issue requiring action to satisfy the buyer’s lawyer?
• In relation to Bramble Cottage, what steps should the solicitor take regarding energy performance and any Green Deal obligations?
• Which are the three methods that can be used for exchange of contracts?
• Which document is used to evidence the discharge of the existing mortgage for registration at the Land Registry?
• In pre-contract work for Bramble Cottage, which document's content must be checked alongside the EPC to assess environmental issues affecting the sale?
• Describe the consequence of exchange in The Willows linked transaction.
• Identify the correct treatment of carpets and curtains in the contract for 19 Hamilton Road and explain why you would deal with them in that way.
• Which statement is true regarding the SDLT exemption mentioned for properties under £500,000?
• Under the 2019 Code of Conduct for Solicitors, which rule addresses conflicts of interest?
• Which of the following best describes the effect of the Unilateral Notice on priority and subsequent registration?
• Who has the right to apply to the Land Registry for cancellation of a Unilateral Notice?
• What is a key feature of the Form OS1 pre-completion search?
• What information does a flood search provide and why is it relevant?
• Why is it important to obtain a redemption figure from Lodgers Bank Ltd at an early stage prior to exchange of contracts?
• Which duty could be breached by the lawyer if registration is not within the priority period?
• What is the first step in obtaining information about major roadworks near the property?
• Which document among those listed for Form AP1 evidences the discharge of the current mortgage?
• Under the Trusts of Land and Appointment of Trustees Act 1996, if there are co-owners, what is the status of the trust of land?
• Which matter is included in the undertaking to discharge the seller's mortgage?
• What may be a consequence for the firm if they breach the duty of care due to late registration?
• Which item is part of the completion checklist?
• Explain how you should respond to a request that one seller signs a contract on behalf of another seller.