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43 results for “Client money and client accounts” in flashcards.
Flashcards(43)
Entries for paying a search fee of £300 from client account where funds are h...
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What must be done on discovering a breach of the Accounts Rules?
Flashcard · Ethics and Professional Conduct (FLK1) · FLK1
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What does rule 7.1 require?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Name the four categories of client money in rule 2.1.
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Is there a fixed de minimis threshold in the 2019 Rules?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Is money in a TPMA client money held by the firm?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What must a firm do if a client's cheque bounces after payment out against it?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Money to reimburse a disbursement the firm has already paid: client or business?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Money for an unpaid counsel's fee received before the bill: client or business?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.After a bill is delivered, may costs be left in client account indefinitely?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.When must client money be returned?
Flashcard · Ethics and Professional Conduct (FLK1) · FLK1
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Can a mixed receipt be paid entirely into business account?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What does rule 5.2 require of withdrawals?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Client pays £1,800: £1,200 billed costs/VAT/paid search, £600 unpaid counsel'...
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Accountant's report exemption thresholds?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Requirements for an inter-client transfer?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What does a debit balance on the client section of a client ledger indicate?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What is a third-party managed account?
Flashcard · Solicitors Accounts · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.What must a solicitor do with a commission received because of a client's instru
Flashcard · Ethics and Professional Conduct (FLK1) · FLK1
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.Firm receives £50 commission on title insurance for a client. Can it keep it?
Flashcard · Ethics and Professional Conduct (FLK2) · FLK2
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Subscription: Included in paid subscription plans. Not included in course passes unless stated.