Conflict of Interests

October 6, 2009

You should be aware when appointing either a Solicitor or Conveyancing Practitioner that if they have been appointed to act for more than one party to a transaction there are rules around them acting for both parties. This information is contained in the Lawyers and Conveyancers Act (Conveyancing Practitioners; Conduct and Client Care) Rules 2008 or (Laywers; Conduct and Client Care) Rules 2008. It is clearly stated that you must not act for more than 1 client on a matter where there is more than a negligible risk that the Practitioner may be unable to discharge the obligations owed to 1 or more of the clients. Furthermore a Practitioner may act for more than 1 party in a transaction or matter where prior consent from all parties is obtained. Stay posted for further information around this topic.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Albizia Theme designed by itx