This standard document contains wording to be included in a contract for the sale of a flat, to provide for the assignment of the benefit of a claim for a new lease under the Leasehold Reform, Housing and Urban Development Act 1993 (LRHUDA 1993), on completion of the sale. The wording assumes that the notice of claim will be served between exchange and completion.

For alternative contract wording, for use where a seller of a flat agrees to assign the benefit of a notice of claim served before exchange, see Standard document, LRHUDA 1993: agreement to assign the benefit of a lease extension claim served before exchange.