Solicitors are always ready to help you with various legal issues. They can provide you advice relating to the way in which the law affects you, set out your choices, and advise you on the best way to take, correspond and negotiate with the other party on your behalf. Whenever preparing and collecting the details of your first meeting with your conveyancing solicitor Cork.
Prepare ID and source of fund evidence
Your conveyancing solicitor Cork cannot start working until she has checked your proof of identity. Such IDs checks may seem a bit bureau tic, but they are legally required to comply with anti-money laundering regulations, and they will assist you to protect you against fraud and identity theft. The requirement differs from firm to firm, so you have to check with your solicitor beforehand and ensure you have the relevant documents. Generally, you will require verifying your identity, which can be your current passport, driving license. Also, you will require verifying your home address, for example, a recent electricity bill, council tax, or any bank statement. Your solicitor may use an online checking tool to match your documents instead of relying on a paper statement, which can make the whole process quicker and give you additional peace of mind.
Respond to requests for the funds promptly
One of the primary things that your solicitor will discuss with you is the cost incurred. Disbursements for the searches and application fees, and your solicitor asks you to pay some money on an account. It allows them to start their work and make important applications straight away. So, you should check all the bank details carefully and transfer any requested sums promptly.
Agree and discuss timescales in advance
Let your solicitor know if you’re working to a specific time duration, for example, if you want to exchange before the stamp duty holiday terminates. It is not possible to keep to control.
Give information on the property and any lenders
The estate agent will generally send details of the terms agreed to by both the parties’ Property solicitor Cork, but you should have to check that they are correct. Ideally, please do so before meeting with your conveyance solicitor, but you should check that they are right. Ideally, you do have to share your meeting with your conveyancing solicitor Cork. You can then flag up any discrepancy. You should always provide important details such as the property’s title, including its title number if you know it, and the location of any actions. But if you have a mortgage value or are taking one out, you will require giving details about your lender.
Get your paperwork in order
If you’re selling your home, your buyer’s solicitor will investigate your title and look for the things which can adversely affect the client’s use of the property. You have to take assistance from your solicitor for any title issues that you are aware of so they can start addressing them proactively. Solicitors will also ask you to complete all the property information form, which is designed to give the buyer details about your property in advance.
This will include:
- Always keep copies of all planning permissions or building regulation concerns for any other alternatives or improvements to the property.
- Keep the copies of any notice that hinder your home or nearby property.
- Keep the Copies of any agreements which will affect your property. For example, if you contribute towards the cost of shared drive away or road.
- Also, keep the copies of guarantees or any warranties that you have and details of any further claim you made.
If the property you’re selling is rent hold, you must complete a rent hold information form. The information that you require to provide includes:
- Copies of the rent agreement and any variations of its terms.
- Details of the landlord and managing agent, including their contact details and any correspondence with them.
- Keep the copies of the building insurance policy.
Final verdict
You should have to prepare well for your first meeting to get your transaction off to the best possible beginning. But please do not hesitate to ask for clarification if there is anything that you do not clear. For further information, ask your Solicitor Cork to call them and get to know what formalities and documents I should have taken while in a first meeting.