The procedure on sale of a tenanted property is similar to that relating to a freehold or leasehold transaction but the following points should be noted1.
In order to fulfil his duty of disclosure2, the contract must include an express term saying that the sale is subject to a tenancy or tenancies, and a copy of the relevant lease or leases (or tenancy agreement) should be supplied to the buyer with the draft contract. The Standard Contractual Conditions3 contain provisions to the effect that the buyer, having been supplied with copies of the relevant agreements, is deemed to purchase with
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234