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