Get How To Write An Undertaking

ing to the Supreme Court, the generally accepted test is that the undertaking must be given by the solicitor in their capacity as a solicitor.

A letter of undertaking from a law firm acting for a security provider to hold the deeds to assets (often real estate) over which security has been granted.

An undertaking is “a promise given by one party to the Court, frequently of mandatory nature and relating to an obligation to the other party in proceedings.” Undertakings are a legally binding promise which carry severe consequences if breached.

An undertaking to do something or not to do something other than pay month includes a notice to the person giving the undertaking setting out the consequences if they breach that undertaking i.e. that they could be fined, imprisoned or their assets may be seized.

undertaking. noun. un·​der·​tak·​ing. : a promise or pledge especially required by law. : something (as cash or a written promise) deposited or given as security especially in a court.

Undertaking: (see also “Requisitions on Title”) A promise given by a lawyer, which must be honoured at whatever cost! Mostly used when acting for a seller who has a mortgage to pay off on the sale property and given to the buyer's lawyers prior to completion.

An undertaking is “a promise given by one party to the Court, frequently of mandatory nature and relating to an obligation to the other party in proceedings.” Undertakings are a legally binding promise which carry severe consequences if breached.

Undertakings are a fundamental part of the practice of a solicitor and their importance cannot be stated too strongly. It is essential that they be observed whenever they are given and so should only be given when it is clearly possible for them to be honoured.