Conflict Report to Director (Jan24)

SALE PURCHASE

Fee-earner:

Client Name:

Property address:

Fee-earner for other party:

Name of other party:

CONFLICT ISSUES
FOR ALL TRANSACTIONS
Buyer- Established client?			YES/ NO	Seller- Established client			YES/ NO
Conflict letter sent?			YES/ NO	Signed conflict letter on file?			YES/ NO
Independent clients			YES/ NO	Substantially common interest			YES/ NO
Ability to give independent advise fettered			YES/ NO	Is any party vulnerable			YES/ NO
Are fee- earners involved in the negotiation of terms?			YES/ NO	Are Estate Agents involved in negotiating terms?			YES/ NO
Imbalance of bargaining power between parties?			YES/ NO	Is buyer taking out a mortgage?			YES/ NO
Any other relevant information:
ü	1. PROBATE SALE
Is the best value being obtained for the property?			YES/ NO	Have all beneficiaries agreed the sale price?			YES/ NO
Do the Estate Agents recommend the price?			YES/ NO
ü	2. FAMILY DEALINGS
Are there any concerns of undue influence			YES/ NO	Independent valuation been carried out?		YES/ NO
Has the lender agreed to the transaction?			YES/ NO
ü	3. CORPORATE DISPOSAL
Independent valuation of the property			YES/ NO	Board approval obtained for the transaction?		YES/ NO
OBSERVATION BY INDEPENDENT FEE EARNER
Is it reasonable to act for all parties?		YES/ NO		Benefits to the parties outweigh risk?	YES/ NO
Risk of conflict of interest?		YES/ NO		Permission to act	YES/ NO

Signed by fee earner
Signed by independent fee earner

January 2024

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