After exchange searches, which party handles the transfer of the title to the transferee?

Prepare for the CILEx Conveyancing Level 6 Exam with our quiz. Study flashcards and multiple choice questions, with tips, hints, and explanations. Get exam-ready!

Multiple Choice

After exchange searches, which party handles the transfer of the title to the transferee?

Explanation:
The buyer’s solicitor handles the transfer of legal title to the transferee. After exchange and searches, they guide completion, ensure the transfer deed is executed and funds are released, and then arrange for the Land Registry to record the purchaser as the new owner. The lender provides financing, and the registry is the system that records ownership, not a party. The seller’s solicitor may draft the transfer document, but it is the buyer’s solicitor who leads the transfer to the buyer and coordinates registration.

The buyer’s solicitor handles the transfer of legal title to the transferee. After exchange and searches, they guide completion, ensure the transfer deed is executed and funds are released, and then arrange for the Land Registry to record the purchaser as the new owner. The lender provides financing, and the registry is the system that records ownership, not a party. The seller’s solicitor may draft the transfer document, but it is the buyer’s solicitor who leads the transfer to the buyer and coordinates registration.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy