Contract for sale (residential)—sale by chargee in exercise of an order for sale following a charging order

Published by a LexisNexis Property expert
Precedents

Contract for sale (residential)—sale by chargee in exercise of an order for sale following a charging order

Published by a LexisNexis Property expert

Precedents
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date [date]

Parties

  1. 1

    [name of (first) Seller] [and [name of second Seller] both] [of OR incorporated in England and Wales with Company registration number [number] whose registered office is at] [address] ([together] Seller);

  1. 2

    [name of (first) Buyer] [and [name of second Buyer] both] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] ([together] Buyer).

    1. 1

      Definitions

      In this Agreement the following definitions apply:

      Actual Completion

      1. the date on which the Transfer is actually completed, and references in the Standard Conditions to ‘actual completion’ must be read accordingly;

      Buyer’s Solicitors

      1. [name] of [address] reference [details];

      [Charge[s]

      1. the charge[s] appearing at entry [number] [and [number]] on the charges register of title number [title number] at [date of official copy entries];]

      [Chattels

      1. the items listed in Schedule 1;]

      [Chattels Price

      1. £[amount];]

      Completion Date

      1. [date];

      Deposit

      1. [number]%

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Jurisdiction(s):
United Kingdom
Key definition:
Contract definition
What does Contract mean?

A contract is a legally binding promise (oral or in writing) by one person to fulfil an obligation to another person in return for consideration. A binding contract comprises four elements: offer, acceptance, consideration and intention to create legal relations.

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