Seller's warranty on capital goods scheme | Practical Law

Seller's warranty on capital goods scheme | Practical Law

This clause contains optional warranties from the seller in relation to the capital goods scheme. It is intended for use where freehold or leasehold land is being sold subject to lease(s), and the sale is a transfer of a going concern (TOGC). The warranties can be inserted into Practical Law Property's Standard documents, Contract for the sale of freehold land subject to lease (incorporating the Standard Commercial Property Conditions (Third Edition - 2018 Revision)) and Contract for the sale of leasehold land subject to lease (incorporating the Standard Commercial Property Conditions (Third Edition - 2018 Revision)).

Seller's warranty on capital goods scheme

Practical Law UK Standard Clause 0-507-9168 (Approx. 5 pages)

Seller's warranty on capital goods scheme

Maintained, England, Wales
This clause contains optional warranties from the seller in relation to the capital goods scheme. It is intended for use where freehold or leasehold land is being sold subject to lease(s), and the sale is a transfer of a going concern (TOGC). The warranties can be inserted into Practical Law Property's Standard documents, Contract for the sale of freehold land subject to lease (incorporating the Standard Commercial Property Conditions (Third Edition - 2018 Revision)) and Contract for the sale of leasehold land subject to lease (incorporating the Standard Commercial Property Conditions (Third Edition - 2018 Revision)).
There are guidance notes within the text (integrated notes) dealing with the use of the provisions.