Taking and perfecting security

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Taking and perfecting security guidance:

Introduction to the Agricultural Credits Act 1928 The Agricultural Credits Act 1928 (ACA 1928) created a bespoke form of security that allows a farmer to grant a single...

Practice Note

Banks and other funders frequently take an assignment of the benefit of the suite of construction documents in respect of a development as an additional part of a...

Practice Note

This Practice Note focuses on the assignment of collateral warranties (see Practice Note: What are collateral warranties?). For more detailed guidance on assignment in...

Practice Note

Assignments by way of security can take different forms and it is important to understand how they are created and their effect. Security over choses in action such as...

Practice Note

COMPANY NUMBER: [insert company number] [insert company name] [LIMITED OR PLC] Minutes of a meeting of the board of directors (the Meeting) of [insert full name of...

Precedents

Company number: [insert company number] [insert company name] [Limited OR PLC] Minutes of a meeting of the board of directors (the Meeting) of [insert full name of...

Precedents

COMPANY NUMBER: [insert company number] [insert company name] [LIMITED OR PLC] Minutes of a meeting of the board of directors (the Meeting) of [insert full name of...

Precedents

A charity may be involved in a construction project: • to fulfil its charitable objectives (eg the construction of social housing) • to provide office or other...

Practice Note

Description of parties Unincorporated charity (trust) [Trustee 1], [Trustee 2], [Trustee 3], [etc] all care of [insert charity's address] (in their capacity as trustees...

Precedents

[To be printed on the headed paper of the entity submitting the form mr01] [insert date] To: [Companies House Crown Way Cardiff Wales CF14 3UZ [DX 33050 Cardiff] OR The...

Precedents

The key feature of a floating charge is that, until it crystallises, the chargor is entitled to deal with the charged assets in the normal course of business without any...

Practice Note

This Practice Note considers the acts typically carried out by limited partnerships (LPs) in the context of finance transactions and covers the steps which can be taken...

Practice Note

This Practice Note considers the of acts typically carried out by English law partnerships in the context of finance transactions and covers the steps which can be taken...

Practice Note

This Practice Note considers the acts typically carried out by companies in the context of finance transactions and covers the steps which can be taken to investigate the...

Practice Note

This Practice Note considers the issues which can arise when dealing with individuals in the context of a finance transaction. It looks at the types of actions an...

Practice Note

This Practice Note considers the acts typically carried out by limited liability partnerships incoprorated under English law (LLPs) in the context of finance transactions...

Practice Note

This Practice Note covers information on the types of acts a local authority may perform in a typical finance transaction. It also considers the steps which can be taken...

Practice Note

This Practice Note which provides information on the type of acts an unincorporated association, its members or officers may perform in a finance transaction. Any...

Practice Note

If the seller’s title is pending registration at HM Land Registry, the safest course of action for the buyer is to postpone exchange until registration takes place. Where...

Practice Note

Date Parties 1 [insert name] (Company Registration No. [insert number]) whose registered office is at [insert address] (the "Assignor") 2 [insert name] (Company...

Precedents

This Agreement is made on [insert date] Parties 1 [insert name of the Company][ of [insert address ] OR incorporated in England and Wales with company registration number...

Precedents

This Agreement dated [insert date] is made Parties 1 [insert name of agent] [of [insert address] OR incorporated in England and Wales with company registration number...

Precedents

Nature of mortgages and charges Mortgages and charges are distinct forms of security. A mortgage can be legal or equitable and involves the transfer of a legal or...

Practice Note

See Practice Note: Legal mortgages and legal charges. Equitable mortgages Certain historical advantages to an equitable mortgage over a legal mortgage no...

Practice Note

Incorporated v unincorporated charities There are currently a number of incorporated or unincorporated structures that are adopted by charities. Unincorporated charities...

Practice Note

There are four main types of security available under English law: • mortgage • charge • pledge, and • lien This Practice Note explains: • the nature of a charge...

Practice Note

A floating charge is most commonly contained in a debenture along with other forms of security such as fixed charges, assignments and legal mortgages. Inclusion of a...

Practice Note

The fact that an overseas company is a seller, buyer, landlord, tenant, guarantor or mortgagee in relation to the sale or leasing of land in England and Wales does not...

Practice Note

Guarantees are typically used in banking transactions as a form of collateral for a debt. In such circumstances, they are a contractual arrangement where one party (the...

Practice Note

A mortgage is one of the four types of security recognised under English law and described in Types of security. This Practice Note explains how a mortgage is created in...

Practice Note
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