Hi,
Can anybody tell me if a business would recourse to action against a solicitor if he/she fails to do a search/ignores the result of a search for any judgement mortgages that may be attached to a property he/she is charged with selling and subsequently does sell. And if so, is there a time line for any action?
We had secured a jm against a commercial property a number of years ago but it was sold shortly afterwards...we cannot understand how we could pay thousands for the procurement of the jm only for it to be completely ignored when the premises were sold. As far as we are aware it was the only judgement registered against the premises.
Thanks in advance,
Opuntia
Can anybody tell me if a business would recourse to action against a solicitor if he/she fails to do a search/ignores the result of a search for any judgement mortgages that may be attached to a property he/she is charged with selling and subsequently does sell. And if so, is there a time line for any action?
We had secured a jm against a commercial property a number of years ago but it was sold shortly afterwards...we cannot understand how we could pay thousands for the procurement of the jm only for it to be completely ignored when the premises were sold. As far as we are aware it was the only judgement registered against the premises.
Thanks in advance,
Opuntia