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In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
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In 1970 he was appointed as a lecturer in conveyancing at the University of Strathclyde. [1] Sinclair was appointed the first director of the Diploma in Legal Practice at the university in 1981. [1] From 1983 to 1993 he was clerk, treasurer and fiscal of the Royal Faculty of Procurators in Glasgow, becoming an honorary member of the faculty in ...
In these circumstances, a transfer of equity usually involves a conveyancing practitioner to deal with the formalities. Lenders' requirements are generally set out in the CML Lenders' Handbook. [ 2 ]
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