Manage undertakings

Use this page when a Transaction involves undertakings that need to be prepared, reviewed, recorded, or tracked.

Before you start

• Confirm the undertaking type and acting side.
• Know who in your firm may approve undertaking wording.
• Do not copy undertaking wording from screenshots or examples unless your firm has approved it separately.

Steps

1. Open Undertakings.
2. Create or open the relevant undertaking record.
3. Check the parties, status, related Transaction, and any supporting material.
4. Review wording outside the docs and under your firm’s process.
5. Record approval, issue, receipt, satisfaction, or breach status only when it is true.

Check before you continue

• A draft undertaking is not approved.
• A recorded undertaking is not satisfied unless the required action has happened.
• Vendor and purchaser undertakings can carry different responsibilities and confidentiality concerns.

What happens next

Torrens keeps the undertaking record tied to the Transaction so your team can track status and review history.

Limits

Torrens does not provide legal advice on undertaking wording. No reusable undertaking wording is published in these docs.