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

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

‘Overriding interests’ are unregistered interests that override first registration or registered dispositions. They bind the owner or purchaser of the land even though...

Practice Note

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

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

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

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

A good marketable title is shown where a seller is able to deduce a good title to the property he has contracted to sell. The seller is not required to show a perfect...

Practice Note