Buying Commercial Property · glossary
The deed that passes the land from seller to buyer, on HM Land Registry's form TR1. Its words are agreed in Annex 1 of the contract. Fellgate signs too, because panel 11 holds its indemnity covenant, and the seller's solicitors date it at completion. Definition: Transfer · Chapter 9 · see Deed
Explained in Chapter 9, Exchange and Completion, of Buying Commercial Property.
The transfer is the deed that passes the building from Holmfield to Fellgate. It uses form TR1, the Land Registry's form for a transfer of a whole title. Its words are the ones agreed in Annex 1 of the Contract (clause 1.1).Read Chapter 9, Exchange and Completion →
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the transfer of the Property by the Seller to the Buyer in the agreed form set out in Annex 1;Read the definition in the document →
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