Buying Commercial Property · glossary

Registration gap

The time between completion and registration, when the register still names the seller. A completed registration takes effect from the day the application arrived. So the real risk is an application that arrives late or incomplete. Chapter 10 · see Owner in equity

Explained in Chapter 10, After Completion: Tax and Registration, of Buying Commercial Property.

How it comes up, in Chapter 10
But the register, which everyone else relies on, still named the seller. The time between completion and registration is the registration gap. After completion, your firm's work is to close it safely.
Read Chapter 10, After Completion: Tax and Registration →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Buying Commercial Property → · All terms A–Z →