Professional Conduct Flashcards

1
Q

Can you act for both the buyer and seller?

A

NOT normally

6.2 SRA code - NOT act if there if there is a conflict of interest / SIGNIFICANT risk of conflict arising UNLESS clients have:
(1) SUBSTANTIALLY COMMON INTEREST +
(2) All clients given INFORMED CONSENT +
(3) Safeguards in place for CONFIDENTIAL INFO +
(4) Solicitor thinks its REASONABLE TO ACT

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