Condition of sale providing for rent deposits on sale of property subject to several occupational leases
Condition of sale providing for rent deposits on sale of property subject to several occupational leases

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

  • Condition of sale providing for rent deposits on sale of property subject to several occupational leases
  • 1 Rent deposits

    1. 1

      Rent deposit[s]

      All money deposited with or held by the Seller as security for payment of rent and other sums payable and for performance of covenants by a tenant under the Occupational Leases (the ‘Rent Deposit') shall be dealt with as follows:

      1. 1.1

        Unless prohibited from doing so

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