Contract for sale (residential)—sale by mortgagee
Contract for sale (residential)—sale by mortgagee

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

  • Contract for sale (residential)—sale by mortgagee
  • 1 Definitions
  • 2 Interpretation
  • 3 Agreement to sell
  • 4 Deposit
  • 5 Title
  • 6 Title guarantee
  • 7 Matters affecting the property
  • 8 The Transfer
  • 9 Completion
  • More...

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

      Actual Completion Date

      1. the date of the Transfer of the Property and references in the Standard Conditions to 'actual completion' must be read accordingly;

      [Buyer’s Solicitors

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

      [Charges

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

      Completion Date

      1. [date];

      [Contents

      1. the items listed in the the Schedule;]

      [Contents Price

      1. £[amount];]

      Completion Date

      1. [date];

      Deposit

      1. [figure]% of the Price;

      Documents

      1. [list documents];

      Legislation

      1. all legislation in force in the United Kingdom at any time during the currency of this Agreement, including:

        1. (a)

          Acts of Parliament;

        2. (b)

          orders, regulations, consents, licences, notices and bye laws made or granted:

          1. (i)

            under any Act of Parliament;

          2. (ii)

            by a local authority or by a court of competent jurisdiction

        3. (c)

          any approved codes of practice issued by a statutory body;

      LRA 2002

      1. Land Registration Act 2002;

      Mortgage

      1. a mortgage by way of legal charge dated [date] and made between (1) [mortgagor's name] and (2) the Seller which is registered

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