Conveyancing Trivia Quiz

1. Conveyancing in England and Wales is mostly done by who?

Broker

Solicitor

Expert

Agent

2. Which of the following is expected to carry out searches, and pre-contract inquiries?

Solicitor

Broker

Agent

Buyer

3. In an exchange of contract, how many copies of a contract of sale is expected to be signed?

2

3

4

1

4. Must conveyancing be carried out by a local solicitor?

Yes

No

It depends

If the law says so

5. Can contracts be exchanged by mail?

No, it's not acceptable

It depends on the distance between the two parties

Yes, it's allowed

It depends on other factors like signature

6. On average, it takes how long for the conveyancing transaction to be completed?

10-12 weeks

A month

15 weeks

9-15 weeks

7. Generally, an exchange by electronic means is best described by which of the following?

Allowed

Insufficient

Advisable

Totally prohibited

8. What is the disadvantage of carrying out conveyancing by yourself?

The necessary stamps would not be easily gotten

It takes more time for approval

It is labour intensive

It goes under more scrutiny

9. When is the contract said to be complete and binding?

Immediately the signatures are attached

As soon as both parties agree

After the contract has been sent to the other party

Immediately both parties receive their copies of the contract signed by other party

10. Which of the following is the most important duty of the buyer?

To sign the contract

To ensure that the seller has the right to sell

To pay the amount stipulated

To comply by all laws as must the seller