Contract for sale—sale by trustee in bankruptcy or by bankrupt co-owner incorporating the Standard Conditions of Sale (Fifth Edition)

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

  • Contract for sale—sale by trustee in bankruptcy or by bankrupt co-owner incorporating the Standard Conditions of Sale (Fifth Edition)
  • 1 Definitions
  • 2 Interpretation
  • 3 Agreement to sell
  • 4 Deposit
  • 5 Title
  • 6 Title guarantee
  • 7 Matters affecting the Property
  • 8 Risk and insurance
  • 9 The Transfer
  • More...

Contract for sale—sale by trustee in bankruptcy or by bankrupt co-owner incorporating the Standard Conditions of Sale (Fifth Edition)

date [date]

Parties

  1. 1

    [[name of Trustee in Bankruptcy] of [address] (the trustee in bankruptcy of the estate of the Debtor) (Trustee in Bankruptcy) OR [name of Debtor] (Debtor) [and [name of Debtor’s co-owner] both] of [address]] ([together] Seller)

  1. 2

    [[name of Trustee in Bankruptcy] of [address] ( Trustee in Bankruptcy)]

  1. 3

    [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] [and whose address for service in England and Wales is [address]] ([together] Buyer)

    1. 1

      Definitions

      In this Agreement, the following definitions apply:

      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;

      [Appointment

      1. the appointment of the Trustee in Bankruptcy as trustee in bankruptcy of the Debtor’s estate by [the Secretary of State OR way of a creditors’ decision dated [date]];]

      [Buyer’s Solicitors

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

      [Charges

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

      [Chattels

      1. the items listed at the Schedule;]

      [Chattels Price

      1. £[amount];]

      Completion Date

      1. [date];

      [Debtor

      1. [name] of [address];]

      [Deposit

      1. [figure]% of the Price;]

      Interest

      1. interest at a rate of [4]% per

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