Which of the following is NOT a provision of the Law Society Code for Completion by Post as it applies to the seller's firm?

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Multiple Choice

Which of the following is NOT a provision of the Law Society Code for Completion by Post as it applies to the seller's firm?

Explanation:
The main idea being tested is what the Law Society Code for Completion by Post requires of the seller’s firm. The Code sets up how the seller’s solicitor should behave to keep the post-completion process smooth: they must provide replies to TA13 at least five working days before completion, they act as agent for the buyers’ solicitor without charging a fee, and they confirm they are authorised by the seller and the lender to receive the money. The statement that the seller’s solicitor will charge a fee for acting as agent is not a provision; the Code specifies that they act as agent without a fee to avoid extra costs and delays. This arrangement helps ensure the funds and documents move promptly and that there’s clear authority to receive the money, which is crucial in completion by post.

The main idea being tested is what the Law Society Code for Completion by Post requires of the seller’s firm. The Code sets up how the seller’s solicitor should behave to keep the post-completion process smooth: they must provide replies to TA13 at least five working days before completion, they act as agent for the buyers’ solicitor without charging a fee, and they confirm they are authorised by the seller and the lender to receive the money. The statement that the seller’s solicitor will charge a fee for acting as agent is not a provision; the Code specifies that they act as agent without a fee to avoid extra costs and delays. This arrangement helps ensure the funds and documents move promptly and that there’s clear authority to receive the money, which is crucial in completion by post.

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