Due diligence and reporting

Due diligence and reporting guidance:

In this Practice Note, receivers, administrators and liquidators will, for convenience, be referred to collectively as Insolvency Practitioners (IPs), although it is not...

Practice Note

Co-ownership Where property is purchased in the joint names of two or more co-owners a statutory ‘trust of land’ arises. Trustee Act 1925, s 34(2) limits the number of...

Practice Note

The class of title reflects the quality of title that the registrar has found on examination of the unregistered title deeds, and other evidence lodged at the time of...

Practice Note

From: [insert name and address of proposed seller] Strictly private and confidential To: [insert name and address of proposed buyer or buyer’s agent] Date [insert date]...

Precedents

Section 62 of the Law of Property Act 1925 (LPA 1925) is, in essence, a word-saving device. However, it can also operate on a conveyance of part to convert a permission...

Practice Note

A number of environmental liability issues can arise in property transactions. See Practice Notes: Environmental issues in property transactions—acting for a seller and...

Practice Note

What are overriding interests? Overriding interests are interests which are binding on property even though they do not appear on the register. They fall into two...

Practice Note

EXCEPTION LEASE REPORT Premises: [insert description] Tenant: [insert name] This exception lease report has been prepared in connection with your proposed purchase of...

Precedents

Executive summary of material issues We draw your attention to the following: • [Insert material issue/area of concern] • [Insert material issue/area of concern] 1...

Precedents

To: The [directors OR partnership] [Insert the Buyer’s name, address and (if applicable) company registration number] Dear [insert organisation name] [Insert the name and...

Precedents

Executive summary of material issues We draw your attention to the following: • [Insert material issue or area of concern]; • [Insert material issue or area of concern]....

Precedents

1 Scope of this report You have informed us that this is an investment purchase. Consequently, this report is based on the assumption that you will continue to use the...

Precedents

We have been instructed by [name of Buyer] (the ‘Buyer’) in connection with the purchase of [name of centre/estate/park/building] (the ‘Property’). The Property is sold...

Precedents

We have been instructed by [name of Buyer] (the ‘Buyer’) in connection with the purchase of [name of centre/estate/park/building] (the ‘Property’). The Property is sold...

Precedents

A split reversion (also known as a severed reversion) most commonly arises when a landlord, after granting a lease of a property, disposes of his reversionary interest in...

Practice Note

Unincorporated associations fall into two broad categories: • charitable associations, and • ‘member-interest’ associations Both: • will generally be not-for-profit...

Practice Note

This is a report on the principal terms of the lease and is intended to be read in conjunction with the lease, not instead of it. 1 Date and current parties 1.1 Date:...

Precedents

Overriding interests are interests to which a registered title is subject, even though they do not appear on the register. They are binding both on the registered...

Practice Note

[insert name of property] Executive summary [insert details] Building contract and related documents 1 [Design and Build ]Contract—between (1) [insert name of Employer]...

Precedents

Report This is a short form of report on title appropriate for use on the purchase of a freehold property let as a whole. It may easily be adapted for leasehold multi...

Precedents

To: The [directors OR partnership] [Insert the Buyer’s name, address and (if applicable) company registration number] Dear [insert organisation name] [Insert the name and...

Precedents

To: The [directors OR partnership] [Insert the Buyer’s name, address and (if applicable) company registration number] Dear [insert organisation name] [Insert name of...

Precedents

Executive summary of material issues We draw your attention to the following: • [Insert material issue or area of concern] • [Insert material issue or area of concern] 1...

Precedents

To: The [directors OR partnership] [Insert the Buyer’s name, address and (if applicable) company registration number] Dear [insert organisation name] [Insert the name and...

Precedents

Lease of [insert name of Property] (the Property) [Schedule [insert schedule number]] Landlord: [Insert details] (the Landlord) Tenant/you: [Insert details] (the Tenant)...

Precedents

To: The [directors OR partnership] [Insert the Tenant’s name, address and (if applicable) company registration number] Dear [insert organisation name] [Insert the name...

Precedents

From the middle of the 19th century, Parliament encouraged individuals to give land for charitable purposes (notably education and religion) by allowing the land in...

Practice Note

1 Wording for use where property is subject to LPA or fixed charge receivership The Property is being sold by [a OR joint] fixed charge receiver[s] appointed by [name of...

Precedents

ARCHIVED: This archived Practice Note is drafted in the context of the previous/old Electronic Communications Code (the previous Code) (and highlights drafting points and...

Practice Note

A certificate of title (also known as a certificate on title) is a particular species of report on title. When solicitors are instructed to investigate title to land (for...

Practice Note
Trending Topics
In-House COVID-19