Contract for sale of a portfolio of properties incorporating the Standard Commercial Property Conditions (Third Edition)
Contract for sale of a portfolio of properties incorporating the Standard Commercial Property Conditions (Third Edition)

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

  • Contract for sale of a portfolio of properties incorporating the Standard Commercial Property Conditions (Third Edition)
  • Parties
  • The ScheduleSCHEDULE 1
  • Appendix 1 [Assignment of Arrears]
  • Appendix 2Transfer
  • Appendix 3Rent authority letter
  • Appendix 4 [Capital allowances election
  • Appendix 5 [Other appendices]

This Agreement is made on [date].

Parties

  1. 1

    [insert name of Seller] [of [insert address] [and whose address for service in England and Wales is [insert address]] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office is at [insert address]] (the ‘Seller’);

  1. 2

    [insert name of Buyer] [of [insert address] [and whose address for service in England and Wales is [insert address]] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office is at [insert address]] (the ‘Buyer’);

  1. 3

  2. [[insert name of Guarantor] [of [insert address] [and whose address for service in England and Wales is [insert address]] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office is at [insert address]] (the ‘Guarantor’).]

  1. 1

    Definitions

  2. In this Agreement the following definitions apply:

    Arrears

    1. the amounts due to the Seller from the Tenants up to and including Completion of the relevant Property but which have not been received by the Seller or its agents as cleared funds before Completion;

    Buyer’s