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...
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...
This Note considers registration at HM Land Registry following the assignment of a lease. While this Practice Note primarily covers commercial property matters, it also...
A ‘building lease’ is a lease granted in consideration for the tenant erecting a building or carrying out works to existing buildings. When a building lease falls within...
If a charity is proposing to buy property, there are a number of issues that the charity trustees must consider. In this context, ‘charity trustees’ means the persons...
Where land is held on a charitable trust, it can only be disposed of in accordance with Part 7 of the Charities Act 2011 (CA 2011). Failure to comply with the statutory...
So that the Transferor can give a good receipt for the purchase money, [insert details of sole surviving registered proprietor or estate owner] in exercise of [his OR...
Completion statements calculator Completion statements calculator This calculator applies the apportionment method under the Standard Commercial Property Conditions (2nd...
The Freedom of Information Act 2000, together with the way in which HM Land Registry chose to implement that, make it very difficult to prevent information held by HM...
EID status should be removed when the information is no longer prejudicial, not necessarily when the property is sold Exempt information document (EID) status is personal...
Note: In practice, the terms ‘equitable’ and ‘beneficial’ tend to be used interchangeably when describing any interest in land which is not a legal estate (and in...
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...
Date [insert date of assignment in its full format DD-Month-Year] Parties 1 [insert name of Assignor] [of [insert address]] [incorporated in England and Wales with...
Date[insert date of deed in its full format DD-Month-Year] Parties 1 [insert name of Seller][of [insert address] OR incorporated in England and Wales with company...
Date Parties 1 [insert name] (Company Registration No. [insert number]) whose registered office is at [insert address] (the "Assignor") 2 [insert name] (Company...
This deed is made on [insert date] Parties 1 [insert name] [of [insert address] OR incorporated in England and Wales with company registration number [insert company...
This Deed is made on [insert date]. Parties 1 [insert name of Party A][of [insert address] OR incorporated in England and Wales with company registration number [insert...
This Table provides an overview of the direct tax treatment (ie corporation tax, income tax or capital gains tax treatment) of owning freehold or leasehold commercial...
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...
A freehold includes all the land below it and all the airspace above it, so two freeholds should not overlap. However, practitioners should be alive to the existence of a...
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...
Gift of land—transfer clauses Use HM Land Registry Form TR1 and insert in the panels specified below the wording shown Panel 8—consideration The transfer is not for money...
This Precedent sets out precedent execution clauses for the types of entities most commonly encountered in property transactions. It includes provisions for both...
As of 3 August 2009 HM Land Registry has applied a policy of early completion to applications to register a new owner (and their lender) where there is no immediate...
While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. As from completion an incoming landlord is: • (in...
While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. As from completion of the assignment an incoming...