Contract clauses

View Property by content type:

Latest Property News

Featured Property content

Q&As
Should an indemnity covenant in a transfer deed (TR1) require the transferee to indemnify 'the transferor's estate and effects' as well as the...
Read More >
19th May
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 >
19th May
Practice notes
TrespassTrespass is the unlawful presence of a person on land in the possession of another. The ownership of land includes the airspace above it....
Read More >
19th May
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 >
19th May
Practice notes
What is a disclosure letter?A disclosure letter is a letter from a seller to a buyer containing both general and specific disclosures as well as a...
Read More >
19th May
Precedents
1Change of control1.1In this clause the following definitions apply:Authorised Controller[s]•[[name] [of OR incorporated in England and Wales with...
Read More >
19th May
Practice notes
A surrender and re-grant by operation of law can occur if an agreed variation of the terms of a lease is so fundamental that the law regards it as...
Read More >
19th May
Practice notes
Registrable restrictive covenantsRestrictive covenants imposed on unregistered land are registrable as D(ii) land charges unless:•entered into before...
Read More >
19th May
Q&As
A deed (such as a TR1) is valid and binding if the essential ingredients of execution as a deed, attestation and delivery as a deed are all present:...
Read More >
19th May
Practice notes
No suspension impliedA suspension of rent is not implied even where the tenant pays the cost of insurance. The tenant remains liable for the rent even...
Read More >
19th May
Precedents
Rent Review MemorandumLandlord•[insert full name of Landlord] [of [insert address] OR incorporated in England and Wales with company registration...
Read More >
19th May
Precedents
Date: [date]Parties1[name of Owner] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at]...
Read More >
19th May
Practice notes
ARCHIVED: The third edition of the Royal Institution of Chartered Surveyors (RICS) Code of Practice ‘Service charges in commercial property’ (and all...
Read More >
19th May
Practice notes
The terms ‘mortgage’ and ‘charge’ are often used as though they are interchangeable. Strictly speaking, they are not. Both are security for the...
Read More >
19th May
Practice notes
What is a pre-emption?A pre-emption is a type of option to purchase—historically the most common and arguably the least complex (at least in the form...
Read More >
Produced in partnership with Stuart King of Blackadders and Melanie Ballantyne of Blackadders 19th May

Most recent Contract clauses content

Q&As
How does a rental guarantee agreement work in a residential development context and is it appropriate for a developer to use the promise of a...
Read More >
1st Aug
Q&As
What are the implications for a buyer of a local search result revealing a section 220 notice of the Highways Act 1980 as a land charge? To avoid...
Read More >
1st Aug
Practice notes
Competition law—abuse of a dominant positionThe current competition regime (Competition Act 1998) prohibits:•anti-competitive agreements (Chapter...
Read More >
31st Jul
Practice notes
Contracts for the sale of land—formation, signature and variationIntroductionA contract for the sale, or other disposition, of an interest in land is...
Read More >
31st Jul
Practice notes
Exclusion clauses in property contracts—misrepresentationThis Practice Note explains why exclusion clauses are used in property contracts and when...
Read More >
31st Jul
Practice notes
Remote execution of documents in property transactions—virtual and electronic signaturesIntroductionThis Practice Note looks at the use of virtual and...
Read More >
31st Jul
Practice notes
Without prejudice and subject to contractSubject to contractIf a party who strikes a bargain wishes to make it clear that it does not intend to enter...
Read More >
31st Jul
Practice notes
Rent guaranteesWhat is a rent guarantee?A rent guarantee is an incentive offered by the seller of an investment property which has empty premises (eg...
Read More >
31st Jul
Practice notes
Contaminated land—agreement on liabilitiesWhat is an agreement on liabilities?Parties to a transaction may decide to address the allocation of known...
Read More >
31st Jul
Practice notes
Competition law—grocery retailersThe Groceries Market Investigation (Controlled Land) Order 2010 made by the Competition Commission (whose functions...
Read More >
31st Jul
Precedents
Step-in rights clause1 1.1The Developer agrees that it shall not without first giving the Funder not less than [28] days written notice exercise any...
Read More >
30th Jul
Precedents
Amendments to contract for sale—freehold vacant possession to create a sub—sale contractClause 1—DefinitionsAmend the definition of Completion...
Read More >
30th Jul
Precedents
Contract Guarantee Clause1DefinitionsCompletion•the date that the Transfer of the Property to the Buyer is actually completed and references in the...
Read More >
30th Jul
Precedents
Dealings post-completion and pre-registration1Registration1.1The Buyer must:1.1.1apply to HM Land Registry submitting a SDLT 5 Form and paying the...
Read More >
30th Jul
Precedents
Apportionment of rent, reconciliation of service charge and arrears—sale contract clause1DefinitionsArrears•the amounts due from the Tenants up to and...
Read More >
30th Jul
Precedents
Limitation of trustees’ liability clause—lease and agreement for saleLimitation of trustees’ liability—lease clausesTrustees means the persons named...
Read More >
30th Jul
Precedents
Condition of sale providing for tenancy deposit(s) held under custodial scheme on sale of property/properties1Tenancy Deposit[s]1.1On the grant of the...
Read More >
30th Jul
Precedents
Special conditions of sale for sale by auction where RICS Common Auction Conditions (4th edition) are usedSpecial conditionsNote: words in capitals...
Read More >
30th Jul
Precedents
Retention clause to secure performance of outstanding property obligations1DefinitionsBank•[insert name of Bank];Outstanding Matters•satisfaction by...
Read More >
30th Jul

Popular documents