********* Conduct

On the 27th January 2023 we have signed an OTP with the agent buying land that we were interested in, the OTP had all the necessary information including the deposit clause, which said the deposit amount will be held in lawyer’s interest bearing account as per Section 86(4) of the Legal Practice. These lawyers were hired by the seller they have send an email requesting the FICA documents which we were able to do so. Fast forward to now when the registration has taken place we got a confirmation that the registration has taken place on 31/05/2023 on the same email we we’re requested to furnish our bank account details to pay the interest that was due to us. 1 week later we are told that the deposit was not deposited into the interest account as there was a form that we were supposed to sign on the day I brought the FICA which I was never given to complete or sign. This behaviour is unacceptable as the OTP is the legal contractual agreement. These lawyers are behaving as if us as buyers we had a contract with them yet we have signed the OTP with the seller. I will also report this to Legal Practice Council.