Transferring agricultural property

Transferring agricultural property guidance:

Agreements for sale of commercial property The Standard Commercial Property Conditions (First Edition) were published in May 1999. At that stage it had become clear that...

Practice Note

The Third Edition The third edition of the Standard Commercial Property Conditions was published on 27 April 2017. It is an update to Standard Commercial...

Practice Note

Produced in partnership with Agri Advisor. Joint ventures are becoming increasingly popular in the agricultural industry and provide options for farmers who perhaps want...

Practice Note

Produced in partnership with Agri Advisor. There are a number of different joint venture agreements available providing a variety of options for landowners and farmers....

Practice Note

How should the money be transmitted? Most contracts relating to commercial property incorporate either the second or third editions of the Standard Commercial Property...

Practice Note

Farm business tenancy—compulsory acquisition of tenant’s interest Where land is: • used for agriculture by way of a trade or business, or • comprised in a farm business...

Practice Note

Under the Law of Property (Miscellaneous Provisions) Act 1994 (LP(MP)A 1994), the seller will normally provide covenants for title, in standard form, by...

Practice Note

Covenants for title are implied on a transfer of land when the seller sells with full or limited title guarantee, or with their Welsh equivalents, gyda...

Practice Note

A contract for the sale of land, or of any interest in land, is void unless it complies with Law of Property (Miscellaneous Provisions) Act 1989, s 2 (LP(MP)A 1989). It...

Practice Note

Agricultural property relief (APR) was provided for from the outset when capital transfer tax was introduced by the Finance Act 1975. The nature of the relief has changed...

Practice Note

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Time is generally not of the essence for completion...

Practice Note

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. There is no common law requirement for a buyer to...

Practice Note

Vacant of people If the contract states that the property is to be sold with vacant possession, the seller must ensure that any existing tenants or other occupiers...

Practice Note

A contract for the sale or other disposition of land, or of any interest in land, is void unless it complies with section 2 of the Law of Property (Miscellaneous...

Practice Note

Status of the contract The contract remains valid even if the seller dies between exchange and completion. The benefit and burden of the contract will pass...

Practice Note

Under the second and third editions of the Standard Commercial Property Conditions (SCPCs) (Second Edition and Third Edition respectively) risk passes to the buyer on...

Practice Note