Sale of a commercial property portfolio (seller)—exchange of contracts
Sale of a commercial property portfolio (seller)—exchange of contracts

The following Property practice note provides comprehensive and up to date legal information covering:

  • Sale of a commercial property portfolio (seller)—exchange of contracts
  • Ready to exchange?
  • Exchange of contracts
  • Immediately after exchange

Ready to exchange?

Check that:

  1. neither the seller nor its managing agents are aware of anything which would change or make incorrect the replies given to any pre-contract enquiry. The seller is under a duty to advise the buyer if the position changes or it becomes aware that the reply given was incorrect or inaccurate—see Practice Note: Enquiries before contract

  2. you are holding the sale contract signed by the seller—see Practice Note: Contracts for the sale of land—formation, signature and variation — What constitutes a valid signature?

  3. the seller has reviewed the report on the

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