Contract Guarantee Clause
Contract Guarantee Clause

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

  • Contract Guarantee Clause

    1. 1

      Definitions

      Completion

      1. the date that the Transfer of the Property to the Buyer is actually completed and references in the Standard Conditions to 'actual completion' are to be read accordingly;

      Completion Date

      1. [insert date] or the date calculated in clause 2.4.2 if later;

      Price

      1. £[insert figure];

      Property

      1. the property known as [insert details] shown [edged red] on the plan annexed to this contract as [insert annex reference][and registered at HM Land Registry with title absolute under the Landlord's Title];

      Standard Conditions

      1. the Standard Commercial Property Conditions (Third Edition — 2018 Revision) and references to 'Part 1 Conditions' and 'Part 2 Conditions' are to the conditions so designated within the Standard Conditions and reference to ‘Standard Condition’ is to any one of the conditions;

      Tra

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