Definitions for "REQUISITIONS"
A list of questions that a purchaser puts to the vendor, usually through the solicitor or conveyancer, to determine information about the property such as rates, title, rents, etc.
The list of things that the lawyer for the purchaser requires the vendor to complete, provide or comply with on or before closing in order to ensure clear title. Also known as "objections", requisitions are sent in the form of a letter which must be received by the vendor's lawyer on or before the title search date set out in the Agreement of Purchase and Sale.
In a transaction for sale of find, written questions addressed to the vendor's solicitor by the purchaser's solicitor.