Sch 8Dual representation—forms

Schedule 8—Dual representation—forms Form 1—Acknowledgment that conveyancer acts for more than 1 party Land and Business (Sale and Conveyancing) Act 1994 (section 30) To [insert name of client] of [insert address of client] Re [insert transaction] Advice 1 Please note that I, [insert name of conveyancer] of [insert business address of conveyancer], have been requested to act for [insert name of other client] of [insert address of other client] who is a party to the above transaction in respect of which I act also on your behalf. 2 In the event of a conflict of interest arising, I am bound to cease to act for you and my other client involved in the transaction unless you and my other client agree in writing that I may continue to act for you or for my other client. Signed by conveyancer: Acknowledgment I, [insert name of client] acknowledge that I have read and understood the above advice. Signed by client: Form 2—General authority to conveyancer to act for more than 1 party Land and Business (Sale and Conveyancing) Act 1994 (section 30) I, [insert name of client] of [insert address of client], authorise [insert name of conveyancer] of [insert business address of conveyancer] to act for another party or parties to any [insert general description of nature of transactions to be authorised] in respect of which the conveyancer is also acting on my behalf. I have been advised that a conveyancer owes a duty to act in the best interests of each client involved in the transaction and that, in the event of a conflict of interests arising, a conveyancer is bound to cease to act for each of them unless all clients agree in writing for which of them the conveyancer may then continue to act.