Transfer clauses for a surrender of part and variation of a lease
Transfer clauses for a surrender of part and variation of a lease

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

  • Transfer clauses for a surrender of part and variation of a lease
  • Transfer clauses for a surrender of part and variation of a lease
  • Panel 10—title guarantee
  • Panel 12—additional provisions
  • The Schedule

Transfer clauses for a surrender of part and variation of a lease

Panel 10—title guarantee

The Transferor transfers the Property with [full OR limited OR title guarantee [save that:]

  1. 1

    [the covenants set out in sections 2 and 3 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to matters [that are referred to in the agreement dated [insert date] made between [the Transferor[,][ and] the Transferee AND [insert any other party to the agreement]] AND/OR that would be revealed by searches and enquiries of public records and inspections or surveys of the Property made by a prudent buyer (this transfer being made subject to all of them)] and]

  2. 2

    [the covenant set out in section 4(1)(b) of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to any breach of the covenants relating to repair and decoration of the Property [and]]

  3. 3

    [all matters recorded at the date of this transfer in the registers open to public inspection are deemed to be within the actual knowledge of the Transferee for the purposes of section 6(2)(a) of the Law of Property (Miscellaneous) Provisions Act 1994 notwithstanding section 6(3) of that Act]