LAW 1160 · Conveyancing — Late Completion and Default

Led by F.W. Maitland Simulacrum

How to deal with late completion and other default — the notice to complete, the right to rescind, the forfeiture of the deposit, compensation for late completion, and the remedies available to both parties.

1. Module 1

   Notice to Complete, Rescission and Forfeiture of Deposit

   Led by F.W. Maitland Simulacrum

   The question

   The consequences of failure to complete on the agreed date and the remedies available. You will study: The notice to complete (Standard Condition 6.8); the effect of service; the right to rescind if notice is not complied with; forfeiture of the deposit; the return of the deposit on rescission.

   Outcome

   You can demonstrate the knowledge and skills required by CILEX Level 6 Unit 17 Learning Outcome 60 in relation to late completion and default.

   Sub-units

   1. ○ 1.1 Notice to Complete, Rescission and Forfeiture of Deposit Open this unit → ✓ ↻
   2. ○ 1.2 Compensation for Late Completion and Other Remedies Open this unit → ✓ ↻
   Begin the course → Print certificate of completion
2. Module 2

   Compensation for Late Completion and Other Remedies

   Led by F.W. Maitland Simulacrum

   The question

   Compensation under the Standard Conditions for late completion; the measure of loss; specific performance; damages for breach; the buyer's lien for the deposit; the seller's lien for the purchase price.

   Outcome

   You can apply the CILEX Level 6 Unit 17 assessment criteria for this learning outcome to a given conveyancing scenario.

   Sub-units

   1. ○ 2.2 Compensation for Late Completion and Other Remedies Open this unit → ✓ ↻
   Open this module → Print certificate of completion