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Expect the unexpected

Expect the unexpected

By Legal Practitioners’ Liability Committee

Conveyancing 


Conveyancing practitioners need to look for non-standard transactions. Victorian law practices act in hundreds of conveyancing transactions every week worth millions of dollars. Conveyancing transactions invariably comprise many moving parts with the potential for things to go wrong, but usually they do not. The challenge is how to maintain your curiosity and vigilance to ensure you identify the unusual issues before they go wrong. What are your firm’s processes and safeguards to spot the unusual issues and matters? Never assume a conveyance is routine. In LPLC’s June column “Take a step back”, we highlighted the need to think proactively about what each matter involves and properly understand your client’s objectives. The following conveyancing examples show what happens when you don’t do this.

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