Standard document contract for the sale of leasehold land by a company in administration incorporating the Standard Commercial Property Conditions (Third Edition - 2018 Revision). The contract includes a licence for the buyer to occupy the property as a bare licensee pending landlord's consent to the transfer or assignment of the leasehold interest to the buyer.

The contract is based on Standard document, Contract for the sale of leasehold land with vacant possession (incorporating the Standard Commercial Property Conditions (Third Edition – 2018 Revision)), amended to make it suitable for use for the sale of the property by a company in administration.