Agreements for sale of commercial property The Standard Commercial Property Conditions (First Edition) were published in May 1999. At that stage it had become clear that...
The Third Edition The third edition of the Standard Commercial Property Conditions was published on 27 April 2017. It is an update to Standard Commercial Property...
The Standard Conditions of Sale (SCS) are a set of conditions usually incorporated into contracts for sale for residential property. The Standard Commercial...
A school in the maintained school sector can convert to independent academy status under the Academies Act 2010. Conversion arises once a conversion order is made by the...
Before exchange of contracts: Carry out all essential pre-contract searches and appropriate additional pre-contract searches See: Which searches to undertake—checklist,...
Between exchange and completion: Pre-completion searches and requisitions See: Practice Note Pre-completion searches, Pre-completion searches—checklist and...
Ready to complete? Check that: • where required, landlord’s consent to the sale of leasehold property has been obtained • for registered land, the priority period...
The legal due diligence team The buyer’s solicitor should: • consider the legal team required for the transaction—what level of expertise is needed? who will do what?...
Ready to exchange? Check that: • all pre-contract enquiries have been satisfactorily dealt with and search results received. If the due diligence has been prolonged,...
This Practice Note is for use on the acquisition of a commercial property portfolio. It is not exhaustive and you must always consider whether there are any other issues...
Carry out all essential pre-contract searches and appropriate additional pre-contract searches See: Which searches to undertake—checklist and Practice Notes: Standard...
Between exchange and completion: Pre-completion searches and requisitions See Practice Note Pre-completion searches, Pre-completion searches—checklist and...
Ready to complete? Check that: • where required, landlord’s consent to the sale of leasehold property has been obtained • for registered land, the priority period...
The legal due diligence team The buyer’s solicitor should: • consider the legal team required for the transaction – what level of expertise is needed? who will do what? •...
Ready to exchange? Check that: • all pre-contract enquiries have been satisfactorily dealt with and search results received. If the due diligence has been prolonged,...
This Practice Note is for use on the acquisition of a multi-let commercial property. It is not exhaustive and you must always consider whether there are any other issues...
This is one of four Lexis PSL Practice Notes on adverse possession. The others are: • Establishing adverse possession of land • Claiming title by adverse possession under...
HM Land Registry Practice Guide 4 on adverse possession confirms statements of truth can be used as evidence in support of an application for adverse possession. After...
DATE [insert date] Parties 1 [insert name of Seller] [of OR incorporated in England and Wales (with company registration number [insert number]) whose registered office...
Clause 1—Definitions Amend the definition of Completion Date: Completion Date [insert date] being the completion date fixed by the Original Contract Add the following...
1 Anti-bribery—short form—pro-customer Bribery Laws means the Bribery Act 2010 [and associated guidance published by the Secretary of State for Justice under the Bribery...
While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Whenever a property is sold, outgoings and any...
Apportioning service charge—the standard conditions In sales of investment properties where there are often many occupational tenancies with rental, service charge and...
This Assignment is made [insert date] Parties 1 [insert name of seller] [of [insert address] OR (company registration no [insert number]) whose registered office is at...
This Assignment is made [insert date]. Parties 1 [insert name of seller that served schedule of dilapidations] of [insert address] (the Seller), and 2 [insert name of...
While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Registered leases It is compulsory to...
