Investment report on title—team briefing sheet (leasehold)Project insert project name
Investment report on title—team briefing sheet (leasehold)Project insert project name

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

  • Investment report on title—team briefing sheet (leasehold)Project insert project name
  • Basic details of the transaction
  • Parties to the transaction
  • Reporting to the Buyer
  • Buyer’s main objectives and concerns in respect of the head lease
  • Buyer’s main objectives and concerns in respect of the occupational leases
  • Rental income
  • Security
  • Control

We have been instructed by [name of Buyer] (the ‘Buyer’) in connection with the purchase of [name of centre/estate/park/building] (the ‘Property’). The Property is sold with the benefit of and subject to occupational leases.

This is an investment purchase. The Buyer will continue to use the Property as a [insert existing use, eg commercial shopping centre/industrial estate/retail park/office building]. Unless informed otherwise proceed on the basis that the Buyer does not intend to redevelop or carry out alterations.

Basic details of the transaction

Tenure Leasehold
Title [Registered with title number[s] [insert title number(s)] OR Unregistered]
Sale of part [Yes [insert details]
OR
No]

Parties to the transaction

Buyer [“`insert buyer’s name] [of [insert address] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office is at [address]]
[The Buyer is a [partnership OR bare trustee OR nominee]]
Buyer’s agent [insert details]
Seller [insert seller’s name]