e-dealing watch points for practitioners
e-dealing watch points are continually being added to, and cover a variety of topics.
Reminder – renew your practising certificate by 30 June!
Conveyancing practitioners with a current digital certificate and the ability to certify and sign instruments are required to have a current practising certificate issued by the New Zealand Law Society. If your annual practising certificate has not been renewed by 30 June 2010, you are at risk of having the ability to certify and sign removed from your digital certificate.
Expired leases
When dealing with a lease or leasehold title, you need to check the expiry date of the lease to ensure you can legally transact against the lease/leasehold title. If the lease has expired, you should not be completing any transactions against the lease or leasehold title. Generally, the only transaction allowed against an expired lease is a lease in renewal or substitution.
Checking the expiry date will ensure that you are not incorrectly transacting against a lease/leasehold title that has expired.
