Transfer clauses—sale by LPA or fixed charge receiver
Transfer clauses—sale by LPA or fixed charge receiver

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

  • Transfer clauses—sale by LPA or fixed charge receiver
  • Panel 4—Transferor
  • Panel 8—Consideration
  • Panel 9—Title guarantee
  • Panel 11—Additional provisions
  • Schedule 1 [Part 1
  • The Lease[s] under which the Property is held
  • Schedule 2 [Part 2
  • The Occupational Lease[s] to which the Property is subject
  • Panel 12—Execution

Transfer clauses—sale by LPA or fixed charge receiver

Panel 4—Transferor

[insert name of the registered proprietor][(in [liquidation OR administration])] (the ‘Transferor’) acting by [any one of] the [joint] receiver[s] of the Property, [insert name of [first] receiver] of [insert address][and [insert name of second receiver] of [insert address]] (the ‘Receiver[s]’)

[insert name of the registered proprietor]

Panel 8—Consideration

The Receiver[s][has OR have] received from the Transferee for the Property the sum of [insert amount in words] pounds (£[insert figure]), receipt of which the Transferor also acknowledges

Panel 9—Title guarantee

The Transferor gives no covenants for title whether express or implied by the Law of Property (Miscellaneous Provisions) Act 1994, the Land Registration Act 2002 or otherwise

Panel 11—Additional provi

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