Transfers and assignments

Transfers and assignments guidance:

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...

Practice Note

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Whenever a property is sold, outgoings and any...

Practice Note

Apportioning service charge—the standard conditions In sales of investment properties where there are often many occupational tenancies with rental, service charge and...

Practice Note

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...

Precedents

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...

Precedents

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Registered leases It is compulsory to...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Precedents

Completion statements calculator Completion statements calculator This calculator applies the apportionment method under the Standard Commercial Property Conditions (2nd...

Precedents

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...

Practice Note

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...

Practice Note

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...

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 [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...

Precedents

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...

Precedents

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 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...

Precedents

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...

Precedents

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...

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 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...

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

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...

Precedents

This Precedent sets out precedent execution clauses for the types of entities most commonly encountered in property transactions. It includes provisions for both...

Precedents

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...

Practice Note

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. As from completion an incoming landlord is: • (in...

Practice Note

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. As from completion of the assignment an incoming...

Practice Note