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By: Series: Estates Gazette ; (0042) 21 October 2000, 169(1)Publication details: 2000Subject(s): Summary: 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.
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Journal article London Journal article ABS63071 (Browse shelf(Opens below)) 1 Available 108998-1001

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.