Previous Page  191 / 346 Next Page
Information
Show Menu
Previous Page 191 / 346 Next Page
Page Background

GAZETTE

SEPTEMBER 1983

Practice Notes

Borrowing Documents from

Dublin Corporation

As a result of representations made by the

Conveyancing Committee of the Incorporated Law

Society and by the Dublin Solicitors' Bar Association.

Dublin Corporation LawDepartment has agreed to lend

to solicitors documents held as security for loans under

the Housing Acts on accountable receipt on a trial basis

on the following conditions:-

1. The request for the facility must be in writing by the

Solicitor, to the Law Department of the Dublin

Corporation.

2. The request must be accompanied by the Borrower's

authorisation and a fee of £10.00.

3. The accountable receipt must be signed by the

principal of the firm or by an employee of the firm

duly authorised by the principal in writing.

4. The documents must be returned on demand but in

any event not later than six weeks from the date on

which they were taken up.

5. The scheme will operate from the 24th January,

1983.

Documents should be available for collection seven to

ten days after the receipt by the Law Department of the

request, accompanied by both the Borrower's authority,

and the fee. The original mortgage will be retained in all

cases. •

No Pending Dealings

The relevant requisition in the Law Society's requisit-

ion on title is "have any dealings been registered on the

folio or are any dealings pending which are not shown

on the folio furnished?" This requisition appears to have

given rise to the practice of vendor's solicitors being

asked to furnish a certificate that there are no pending

dealings. Although the requisition and the resulting

obligation on the vendor's solicitor was intended to

apply only to specific cases, this is not clear from the

requisition on title and, as a result, solicitors have been

asked for this certificate in all cases involving registered

land.

Practitioners should be aware that this certificate

should be requested only in cases where portion only of

the vendor's land is being sold. Its principal purpose is to

assure the purchaser that no pendings relate to lands

being sold to the purchaser. Strictly speaking, the

correct wording on the certificate should be that "none

of the dealings pending (if any) affect the site in sale to

the purchaser". This certificate can of course only relate

to the facts within the knowledge of the solicitor giving it

and should be so qualified. There could be dealings

pending on the folio of which the vendor's solicitor was

unaware. The committee therefore recommends that

these certificates should be given in cases of sub-division

only and should not be asked for or given in the cases of

the sale of all of the lands on the folio. This

recommendation should be read in conjunction with the

practice note published with the January/February issue

of the Gazette 1982 relating to undertakings to discharge

queries. •

Safeguard

Business

Sys tems

SAFEGUARD SYSTEMS IRELAND LTD.

LUCAN, CO. DUBLIN.

Telephone 01 -282904/5.

Full provision for V.A.T.

The Alternative to

the Computer

A Safeguard Solicitors Accounting System incor-

porating our unique cheque Application will give

you instant Book-keeping with full arithmetic

control. Please write or phone for our free

accounting manual and further information

without, of course, any obligation.

Complies fully with the Solicitors' Accounts

Regulations.

Save

an average of

30%

on your

TELEPHONE COSTS.

You now can control and

rationalise your telephone traffic as well as keeping a record of time spent on the

'phone on behalf of your clients for as little as

£2.83

per week per telephone line.

For Further Information:

TELEBUDGET SYSTEMS, 69 Deerpark Rd.; Mount Merrion. Tel. 01-889288.

Distributors:

Aquar ius El ec t roni cs—Templ emore. Tel. 0504-51315.

Advance Telephones Ltd. — Cork. Tel. 021-967798.

183