The purpose of requisitions on title is to require the seller's solicitor to clarify and if necessary to rectify defects in the title supplied which the buyer's solicitor finds unsatisfactory. In practice they are commonly used also to resolve administrative queries relating to the arrangements for completion1.
The seller will usually deduce title2 to the buyer before exchange of contracts3 and the contract may contain an express condition precluding requisitions from being raised after that time. The Standard Contractual Conditions4 prevent the raising of requisitions after exchange, but only in relation to matters disclosed by the seller prior to exchange.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN TAKE A FREE TRIAL
0330 161 1234