The following Property precedent provides comprehensive and up to date legal information covering:
Coronavirus (COVID-19): the coronavirus pandemic has caused the UK to expedite new insolvency provisions, both of a temporary and permanent nature. For news and guidance as to the implications from a property perspective see: Coronavirus (COVID-19)—implications for property [Archived] — Property Insolvency.
[name of Seller, ie the mortgagee] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Seller)
[name of Buyer] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] the Buyer)
In this Agreement, the following definitions apply:
the date of the Transfer of the Property, and references in the Standard Conditions to 'actual completion' must be read accordingly;
[name] of [address] (reference: [details]);
the charge[s] appearing at entry [number] [and [number]] in the charges register of [the Property OR title number [number]] at [date of official copy entries];]
the items listed at Schedule 2;]
[date] [or, if later,  working days after the Consent is obtained];
written consent to the Transfer (satisfying the requirements of the Lease) from the Landlord [and any Superior Landlord];]
[number]% of the Price;
the employees listed in Schedule 6 and ‘Employee’ means any one of them;]
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