|
Conditions |
|
|---|---|
|
Override |
Pre |
|
- |
Pre-completion must be complete. |
7.1. Monies in
When the bank telephone to say that monies have been received by telegraphic transfer on the day of completion, this procedure produces an attendance note confirming that the monies have been received. It also checks that the amount is correct.
7.2. Key release
When you know that the monies have been safely received, and you wish to allow the buyer access to the sale property, this procedure produces an attendance note confirming that you have rung to release the keys.
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Conditions |
|
|---|---|
|
Override |
Pre |
|
- |
Monies in must be complete. |
7.3. Redeem charges
On completion, to pay off the existing mortgage(s) over the sale property, this procedure produces the DS1/END form, covering letter, and cheque request for lenders who are not yet using electronic discharges.
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Conditions |
|
|---|---|
|
Override |
Pre |
|
There is no outstanding mortgage balance. |
Key release must be complete. |
7.4. Schedule deeds
Before completion, this procedure produces a deeds schedule ready to send off to the buyer on completion with the deeds.
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Conditions |
|
|---|---|
|
Override |
Pre |
|
Not required for unregistered land. |
Key release must be complete. |
7.5. Send documents to buyer
On completion, this procedure produces a letter to the buyer's solicitors enclosing the title documentation.
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Conditions |
|
|---|---|
|
Override |
Pre |
|
- |
Key release must be complete. |
7.6. Pay agent
If your client has authorised you to pay the estate agent out of the proceeds of sale, this procedure writes to the estate agent.
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Conditions |
|
|---|---|
|
Override |
Pre |
|
An estate agent is not involved. |
Key release must be complete and an estate agent must be involved. Set in Initiate sale process. |
7.7. Client moving address
This process allows you to add the client's address if they have moved out.
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Conditions |
|
|---|---|
|
Override |
Pre |
|
- |
Send documents to buyer must be complete. |
7.8. Account to sellers
Finalises the completion process. This process offers to amend your client's address if they have moved out. This ensures your marketing database is up to date. It then writes a concluding letter to your clients.
|
Conditions |
|
|---|---|
|
Override |
Pre |
|
- |
Client moving address must be complete. |