Adoption of Standard Real Estate Documents and Protocols
BY‑LAW NO. 8
OF
THE LINCOLN COUNTY LAW ASSOCIATION
A by‑law to amend By‑law No. 1 being a by‑law relating generally to the transaction of the affairs of The Lincoln County Law Association, a corporation without share capital incorporated by the issuance of Letters Patent on February 21, 1929.
WHEREAS a joint ad hoc committee (the “Committee”) consisting of interested members of both the Welland County Law Association and the Lincoln County Law Association, and employees of such members, was formed at a meeting of both associations held February 10, 2004;
AND WHEREAS the Committee reported its findings, made recommendations and proposed the adoption of standardized documents and protocols designed for use in the conveyancing of residential real property;
AND WHEREAS at a meeting of interested members of both Associations aforesaid held September 21, 2004, the standardized documents and protocols were unanimously adopted;
AND WHEREAS there is some question as to whether the meeting held September 21, 2004, was properly constituted as a meeting of the members of the Lincoln County Law Association;
NOW THEREFORE BE IT ENACTED as a by‑law of the Lincoln County Law Association as follows:
2. That the Seller’s Closing Certificate, a copy of which is attached hereto, be adopted and recommended for use by members of the Lincoln County Law Association.
3. That the Seller’s Lawyer’s Redirection and Undertaking, a copy of which is attached hereto, be adopted and recommended for use by members of the Lincoln County Law Association.
4. That the Buyer’s Closing Certificate, a copy of which is attached hereto, be adopted and recommended for use by members of the Lincoln County Law Association.
PASSED at a meeting of the Directors of the Corporation held on January 20, 2005.
__________________________________ __________________________________
President Secretary
PASSED at a meeting of the members of the Corporation held on January 20, 2005.
__________________________________ __________________________________
President Secretary