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Commentary

71 Further assurance

COMMERCIAL CONTRACTS vol 7(2)
| Commentary

71 Further assurance

| Commentary

71 Further assurance1

  1. 71.1

        If the agreement concerns:

    1. 71.1.1

          the creation or transfer of intellectual property;

    2. 71.1.2

          the sale and/or transfer of real property (including mortgages); or

    3. 71.1.3

          the sale or transfer of businesses or the assets of a business,

    and after these activities have occurred there may be documents that need to be prepared, signed and forwarded, then there should be provisions so that:

    1. 71.1.4

          the seller or transferor is required to provide such assistance as the buyer or transferee requires; and

    2. 71.1.5

          in certain circumstances, the buyer or transferee is appointed as the attorney to execute

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