Completion problems and solutions

This webinar will focus on the completion of property sale and purchase contracts and the problems that can arise, including:

• Completion – what does it entail – what changes at completion?
• What do the Standard Commercial Property Conditions say?
• Bespoke clauses in sale and purchase agreements relating to completion
• Requisitions on title and completion statements
• The Law Society code for completion – the nature of the trustee duty
• Identity issues – Dreamvar and other cases – ID check expectations
• Discharge of mortgages
• Issues where the completed transaction needs to be registered at the Land Registry – the registration gap and issues with it – the “boomerang” lease (On v Gilesports)
• Problems at completion – notices to complete – “ready willing and able” – termination/rescission, specific performance, forfeiting the deposit
• Vacant possession – what does it mean – fixtures, fittings and chattels