Put into practice
Williams, P.
Put into practice - 2000 - Estates Gazette (0042) 21 October 2000, 169(1) .
Following on from a previous article (EG 14 October 2000, 206), looks further at Practice Rule 6A, which requires a solicitor to disclose that more than one draft contract has been sent out. Identifies a number of situations in which the rule will apply but there is a danger of it being overlooked: where the sale drags on; sales of businesses; the grant of a lease; the simultaneous negotiation of two incompatible transactions. With reference to Jenmain Builders Ltd v Steed & Steed, discusses the perils of acting for more than one party. Notes that solicitors acting for both parties cannot continue to act if the seller wishes to deal with a second buyer.
SOLICITORS' PRACTICE RULES 1990 R6A
DISCLOSURE OF INFORMATION
SOLICITORS
SELLING AGENTS
Contracts
JENMAIN BUILDERS LTD V STEED & STEED
Put into practice - 2000 - Estates Gazette (0042) 21 October 2000, 169(1) .
Following on from a previous article (EG 14 October 2000, 206), looks further at Practice Rule 6A, which requires a solicitor to disclose that more than one draft contract has been sent out. Identifies a number of situations in which the rule will apply but there is a danger of it being overlooked: where the sale drags on; sales of businesses; the grant of a lease; the simultaneous negotiation of two incompatible transactions. With reference to Jenmain Builders Ltd v Steed & Steed, discusses the perils of acting for more than one party. Notes that solicitors acting for both parties cannot continue to act if the seller wishes to deal with a second buyer.
SOLICITORS' PRACTICE RULES 1990 R6A
DISCLOSURE OF INFORMATION
SOLICITORS
SELLING AGENTS
Contracts
JENMAIN BUILDERS LTD V STEED & STEED