Issuing of more than one contract for sale
The Conveyancing Committee has been asked to indicate the correct practice in the following circumstances:
The vendor鈥檚 solicitor has issued a contract to a purchaser鈥檚 solicitor, but then received instructions to issue a second contract to a second purchaser鈥檚 solicitor without calling for the return of the first contract from the first purchaser鈥檚 solicitor, and without informing the second purchaser鈥檚 solicitor of the issuing of the first contract.
The Conveyancing Committee is of the opinion that this is not proper practice, and that the first purchaser鈥檚 solicitor should be informed in writing that the vendor is not proceeding with the sale to his/her client, and that a contract should not be issued to the second purchaser鈥檚 solicitor without first calling for the return of the first contract from the first purchaser鈥檚 solicitor.