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Seller's Solicitor Guidance Notes

It is important that legal advisors know how Lot37 works. For more information see 'How it works' or view our demo' .
The following is meant to be a brief guide to assist you in acting on behalf of your client in selling their property through Lot37.

  • Your client will have already signed or be about to sign our standard Auction Agency Agreement via their estate agent. This will include an agreed reserve Price.
  • Your client will have been requested to instruct you to prepare a standard Auction Legal Pack ready to be sent out within 2 weeks of the commencement of the auction process. See sample pack.
  • There is a standard Auction Contract which is downloadable from this site. In order to affect an exchange of contracts when the auction ends, your client will be requested to sign this contract and/or leave you with instructions to exchange on their behalf.
  • The auction will take place and you will be notified of the purchasers' details immediately after the auction ends.
  • Any legal Queries can be emailed to our legal team, please email us at dean@dunhamlaw.co.uk



Please note that Lot37 do not at any time handle any clients money during these transactions.


 
 
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