This Precedent is an adaptable Word template, which can be saved, downloaded or printed from this link:

Completion statement—sale of property

This Precedent is a template simple completion statement, which can be adapted for a sale of freehold or leasehold land (whether with vacant possession or subject to leases). It includes provisions for the purchase price and deposit, additional fixed sums, apportionments and late completion. It is intended as a starting point and should be tailored for the specific transaction. It is not intended for use on the grant of a lease.

Read the contract

Before preparing a completion statement, read the contract carefully to ascertain:

1. •

   any fixed sums that the buyer must pay to the seller on completion in addition to the purchase price—eg sums to be paid for chattels, fixtures, arrears, capital allowances etc

2. •

   any fixed sums that the seller must pay/allow to the buyer on completion, eg deposit, a retention sum, a rental top up payment to cover an outstanding rent free period etc

3. •

   any sums that must be apportioned (and paid/allowed) between the buyer and the