A standard document contract for the exchange of two freehold parcels of bare land with vacant possession.

It is assumed that each parcel forms part of the land owned by the respective owners and there are no buildings or structures involved.

The contract is based on Standard document, Contract for the sale of freehold land with vacant possession (incorporating the Standard Commercial Property Conditions (Third Edition – 2018 Revision)) and incorporates the Standard Commercial Property Conditions (Third Edition – 2018 Revision) (SCPC), with the necessary amendments to reflect that it is a contract for the exchange of land.