SELLER - POST COMPLETION

Question 1

WHAT STAGE OF THE LSCP IS USED IN THIS STAGE OF THE TRANSACTION?

Answer 1

Stage E (completion) & Stage F (post-completion)

Question 2

WHAT THREE STEPS ARE THERE FOR THE SELLER’S SOLICITOR AT THIS STAGE OF THE TRANSACTION?

Answer 2

1. Discharge any existing mortgage
2. Bill and financial statement
3. Account to the client for any proceeds of sale due to
   them and ask for acknowledgement of receipt. The file
   can then be closed.