More than 400 lawyers used Lexsure’s Report on Title paragraph database last month seeking assistance in drafting this crucial document in the conveyancing process.
Firms struggle to find the time to create a firm-wide index of newly created paragraphs to be made available for future use. Lawyers readily admit to me that notwithstanding the constant moving landscape of conveyancing risk, their precedent Report on Title is updated no more than once or twice a year.
Here is a list of the most common search terms used by lawyers seeking assistance:
- Ground Rent
- Source of Funds
- Lease Term
- Minimum Lease Term
- Unexpired
- Headlease
- Article 4
- Septic
- Solar
- Chancel
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