Contract clauses

View Property by content type:

Latest Property News

Featured Property content

Practice notes
The third edition of the Standard Commercial Property Conditions was published on 27 April 2017 a...
Read More >
9th Nov
Practice notes
A benevolent fund is an institution, including a body of trustees, which holds funds on trust for the purpose of relieving poverty amongst a defined...
Read More >
9th Nov
Practice notes
Manorial rights are relics of the feudal system of land tenure. They can still exist in relation to land that:•is former copyhold land, or•was...
Read More >
9th Nov
Practice notes
The second edition of the Standard Commercial Property Conditions came into force on 1 June 2004 and these conditions are incorporated into many...
Read More >
9th Nov
Practice notes
Subject to contractIf a party who strikes a bargain wishes to make it clear that it does not intend to enter into a binding contract until a formal...
Read More >
9th Nov
Practice notes
The ‘ad medium filum’ rule is a rebuttable presumption that an owner of land which abuts either:•a public or private highway, or•a non-tidal river or...
Read More >
9th Nov
Precedents
Panel 11 (transfer of whole)/panel 12 (transfer of part)—Additional provisions1Definitions[Lease•the lease particulars of which are set out in...
Read More >
9th Nov
Practice notes
There are three different ways by which an easement can be implied at common law:•necessity•intended use•the rule in Wheeldon v BurrowsThe implied...
Read More >
9th Nov
Precedents
[To be printed on Landlord’s letterheaded paper]Our Ref:Date:To: [insert name of Tenant]From: [insert name of previous Landlord] [of [insert address]...
Read More >
9th Nov
Practice notes
Sale by a mortgagee destroys the equity of redemption in the mortgaged property. The sale defeats the rights of all subsequent incumbrancers, whose...
Read More >
9th Nov
Precedents
Transfer of partPrecedent transferAn adaptable Word version of the precedent form TP1 can be downloaded, saved or printed from this link:Drafting...
Read More >
9th Nov
Practice notes
Generally, the tenant remains liable for the rent even though the premises have become unusable. Consequently, leases normally contain a provision...
Read More >
9th Nov
Practice notes
How should the money be transmitted?Most contracts relating to commercial property incorporate either the second or third editions of the Standard...
Read More >
9th Nov
Precedents
Rent Review MemorandumLandlord•[insert full name of Landlord] [of [insert address] OR incorporated in England and Wales with company registration...
Read More >
9th Nov
Practice notes
Nature of an easementAn easement is an incorporeal right enjoyed by the owner of a legal estate (dominant tenement) over land in the ownership of...
Read More >
9th Nov
Precedents
Under s 45 Leasehold Reform Housing and Urban Development Act 1993 (the ‘1993 Act’)Flat:[insert address and description of the Property]To:[insert...
Read More >
9th Nov

Most recent Contract clauses content

Practice notes
IntroductionA contract for the sale, or other disposition, of an interest in land is void unless it complies with section 2 of the Law of Property...
Read More >
12th Apr
Practice notes
This Practice Note explains why exclusion clauses are used in property contracts and when they may be of no effect, including at common law in the...
Read More >
8th Apr
Practice notes
What is a rent guarantee?A rent guarantee is an incentive offered by the seller of an investment property which has empty premises (eg an empty floor...
Read More >
8th Apr
Practice notes
The Groceries Market Investigation (Controlled Land) Order 2010 made by the Competition Commission (whose functions were transferred to the...
Read More >
8th Apr
Practice notes
The current competition regime (Competition Act 1998) prohibits:•anti-competitive agreements (Chapter I)•abuse of a dominant position (Chapter...
Read More >
8th Apr
Practice notes
Subject to contractIf a party who strikes a bargain wishes to make it clear that it does not intend to enter into a binding contract until a formal...
Read More >
6th Apr
Practice notes
IntroductionThis Practice Note looks at the use of virtual and electronic signatures in property transactions and considers some of the practical...
Read More >
6th Apr
Practice notes
What is an agreement on liabilities?Parties to a transaction may decide to address the allocation of known or potential remediation costs under the...
Read More >
9th Mar
Practice notes
Determining liabilityEnforcing authorities should follow the five step procedure set out in the statutory guidance for determining liability under the...
Read More >
9th Mar
Practice notes
This Practice Note considers the terms ‘best endeavours’, ‘all reasonable endeavours’ and ‘reasonable endeavours’ that are frequently used in...
Read More >
1st Mar
Precedents
1Capital allowances—for use where the Seller has claimed plant and machinery allowances and the parties will enter into a s 198/s 199 election on...
Read More >
Produced in partnership with Martin Wilson 14th Feb
Precedents
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
14th Feb
Precedents
1DefinitionsCompletion•the date that the Transfer of the Property to the Buyer is actually completed and references in the Standard Conditions to...
Read More >
12th Feb
Precedents
1 1.1The Developer agrees that it shall not without first giving the Funder not less than [28] days written notice exercise any right the Developer...
Read More >
12th Feb
Precedents
1Tenancy Deposit[s]1.1On the grant of the Tenancy Agreement[s], the Tenant[s] paid [a deposit of £[insert figure] ('the Tenancy Deposit') OR deposits...
Read More >
12th Feb
Precedents
1Rent deposit[s]All money deposited with or held by the Seller as security for payment of rent and other sums payable and for performance of covenants...
Read More >
12th Feb
Precedents
1Registration1.1The Buyer must:1.1.1apply to HM Land Registry submitting a SDLT 5 Form and paying the application fee to be entered on the register as...
Read More >
12th Feb
Precedents
The [assignment OR transfer] of the [Property OR [insert appropriate definition for the property being assigned]] shall contain the following...
Read More >
12th Feb
Q&As
Guaranteed rentThe usual meaning of a rental guarantee in a residential property context is that a seller/developer of a property will guarantee to...
Read More >
22nd Jan

Popular documents