Sale contracts (leasehold land): seller's additional insurance obligations | Practical Law
A clause for use in a contract for the sale of residential leasehold land where the lease requires the seller (as tenant) to insure the property. The clause is designed to provide the buyer with additional protection beyond the provisions in conditions 5.1.2(b) and 5.1.3 of the Standard Conditions of Sale (Fifth Edition - 2018 Revision).