Document background
A Deed of Purchase and Sale is a fundamental document in English property law, used when transferring real estate ownership. This deed serves as the primary instrument for property transfers in England and Wales, containing essential details about the property, parties, price, and conditions of sale. The document must be executed in accordance with the Law of Property Act 1925 and the Land Registration Act 2002, ensuring proper transfer of legal title. It's particularly important as it creates a binding obligation on both parties and provides evidence of ownership transfer that can be registered with the Land Registry.
