Licensed Real Estate covers the purchase, sale and ongoing management of property where a licensed real estate professional or solicitor handles the transaction. A solicitor practises in this area by drafting and reviewing contracts, negotiating terms, conducting title checks, searches and enquiries, arranging funding and mortgages, and handling registrations and completions with the Land Registry. They also advise on leases, rights of way, and property-related compliance, and assist with post-completion formalities to protect the client’s title and interests.
What a solicitor handles in these matters
The solicitor coordinates contracts, undertakes property searches and or enquiries, suggests protective terms in the missives, handles registrations with HM Land Registry, and reconciles stamp or land tax implications. They liaise with lenders, buyers and sellers, and ensure lawful transfer of title, finalising completion and addressing any title defects or covenants that could affect ownership.
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