TA6 and Upfront Information: Managing Risk in Residential Conveyancing

TA6 and Upfront Information: Managing Risk in Residential Conveyancing

Residential conveyancing is increasingly front-loaded. More information is expected earlier, estate agents and sellers are under pressure to provide material information at the outset, and conveyancers are having to decide what they can safely rely on, what needs to be checked, and what should trigger further enquiries.

The TA6 form sits at the heart of that process, but it also creates risk. What should a conveyancer do where replies are incomplete, inconsistent or simply wrong? How far are you expected to verify what the seller has said? What happens if circumstances change before exchange? And where does responsibility lie between seller, estate agent and conveyancer?

This practical two-hour course with Lorraine Richardson will examine how the current TA6 form and the developing emphasis on upfront and material information should be handled in day-to-day practice. It will focus particularly on managing the risks of misrepresentation, negligence claims and misplaced reliance, while keeping transactions moving efficiently.

The session will also cover leasehold and managed-property information where relevant, together with practical file-management and risk-control steps that conveyancers can use immediately.

• the current TA6 form and how it should be used in practice;
• what “upfront information” means and how early in the transaction information should be gathered;
• material information and the interaction with estate agents and sellers;
• what conveyancers should and should not be expected to verify;
• incomplete, inconsistent or inaccurate replies;
• changes in circumstances between instruction and exchange;
• enquiries, reliance and caveat emptor;
• misrepresentation and professional-negligence risks;
• leasehold/managed-property information where relevant;
• practical file-management and risk-control steps.

Learning outcomes

By the end of this course, participants should be better able to:

• use the current TA6 form effectively and identify areas that may require further investigation;
• understand what is meant by upfront information and material information, and when that information should be obtained;
• distinguish between information that a conveyancer can reasonably rely on and information that may need to be checked or clarified;
• deal appropriately with incomplete, inconsistent or inaccurate replies and changes arising before exchange;
• understand the relationship between enquiries, reliance, caveat emptor and misrepresentation;
• recognise the main areas of professional-negligence risk arising from property information;
• handle relevant leasehold and managed-property information more effectively; and
• adopt practical file-management and risk-control procedures to reduce exposure while keeping transactions moving.

Price

The price for this course is £199 + VAT.

This is a per organisation price, so, in addition, up to 10 of your colleagues can participate at no additional charge, even if they are viewing from a different location or at a different time.

So, if there are 10 of you, the cost per delegate would be just £19.90 + VAT per person.

For firms with four or fewer partners, you can purchase a single place for £99 + VAT.

The course can be streamed live to your desktop, laptop or phone, or you can watch the recording whenever and wherever you want. In either case, you will receive a link to the recording of the course.

To book a place on the course, please click on the booking link. If you do not know all the names of your delegates, you can still book for those you know and add additional free delegates at a later date. All free delegates need to be registered in order to receive joining instructions.

The course will be presented by Lorraine Richardson.

Lorraine qualified as a solicitor in 1991 and has since had a wide and varied career as a property solicitor in private practice and as a legal trainer. She combines these two areas of experience to provide training that is clear, practical and directly relevant to conveyancers.

Lorraine has written and delivered courses on residential conveyancing, presentation skills, the SRA Code of Conduct, anti-money laundering, compliance, property issues for family lawyers and cybercrime.

Important Notes about Booking

Payment can be made by credit or debit card, or alternatively by invoice. The option to pay by invoice is below the pay by card option in the booking form.

If you do not have the complete list of who will be attending, you can book for those you know will be attending and add the others at a later date.

Please ensure that, when booking, you enter colleagues’ email addresses entirely correctly, as failure to do so may mean that they do not receive joining instructions.

The Legal Training Consultancy

The Legal Training Consultancy is a full-service training consultancy with a large portfolio of conferences, courses and trainers. Over the years, we have been responsible for putting together a vast number of law and tax-related conferences, webinars, seminars, videos and e-learning modules — altogether well over 2200.