Sell residential land

About this business activity

The owner may need to sell the property due to financial difficulties, want to sell to move, or be ready to retire and downsize.

Short Form Contract For Sale Of Property (UK Residential Land)

This is a contract for the sale of residential land, either freehold or leasehold, that incorporates the Standard Conditions of Sale (Fifth Edition - 2018 Revision). It is suitable for use in straightforward residential property transactions where the conveyancers acting for the parties are following the Law Society Conveyancing Protocol.

What to watch out for

  • That the contract is in short form;
  • That it incorporates the Standard Conditions of Sale (Fifth Edition
  • 2018 Revision);
  • That it is suitable for use in straightforward residential property transactions;
  • That the conveyancers acting for the parties are following the Law Society Conveyancing Protocol.
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    Standard Residential Freehold Sale Contract With Vacant Possession

    This is a contract for the sale of residential freehold land with vacant possession, incorporating the Standard Conditions of Sale (Fifth Edition - 2018 Revision) (SCS). A number of the provisions in the contract modify and exclude the SCS.

    What to watch out for

  • The contract modifies and excludes the Standard Conditions of Sale, so it is important to be aware of what those conditions are and how they might be different in this contract.
  • The contract is only suitable for transactions where the Standard Conditions of Sale need further amendment, so it is important to make sure that those amendments are in fact necessary.
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    Residential Freehold Land Sale Contract (Vacant Possession)

    This is a contract for the sale of residential freehold land. The land is being sold with vacant possession, which means that the current occupants will not be on the property when the sale is finalized. The contract also incorporates the Standard Conditions of Sale (Fourth Edition), which are a set of legal conditions that must be met in order for the sale to be valid.

    What to watch out for

  • That the contract is for the sale of residential freehold land with vacant possession, incorporating the Standard Conditions of Sale (Fourth Edition);
  • That the contract is in writing and signed by both parties;
  • That the contract sets out the names and addresses of the parties, the property to be sold, the purchase price, the date of completion and any other relevant details;
  • That the contract is dated and witnessed;
  • That the contract is subject to the Standard Conditions of Sale (Fourth Edition);
  • That the contract is subject to any other relevant conditions, such as planning permission, building regulations approval, etc;
  • That the contract is subject to English law and jurisdiction.
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    Special Conditions Of Sale (Residential Freehold, Vacant Posession)

    The Special Conditions of Sale for Residential Freehold Land (Vacant Possession) (incorporating the Standard Conditions of Sale (Fourth Edition)) is a legal document that sets forth the special conditions of sale for use in a contract for the sale of residential freehold land with vacant possession. The Standard Conditions of Sale (Fourth Edition) is a document produced by the Law Society and Oyez that sets forth the standard conditions of sale.

    What to watch out for

  • That the land is being sold with vacant possession
  • That the contract is for the sale of residential freehold land
  • That the Standard Conditions of Sale (Fourth Edition) apply to the contract
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    Relevant Contract Types

    🏠 Residential property sale agreement

    A residential property sale agreement is a contract between a buyer and a seller for the purchase of a home. The agreement sets out the price, the property to be purchased, the date of purchase, and the terms and conditions of the sale. The agreement is legally binding and can be enforced by a court if either party breaches the contract.

    β›ͺ Residential property sale contract

    A residential property sale contract is a contract between a buyer and a seller for the purchase and sale of a home. The contract must be in writing and must be signed by both parties. The contract must state the price of the home, the down payment, the loan terms, and the date of closing.

    🏒 Residential property contract

    A residential property contract is a contract between a homeowner and a homebuyer that outlines the terms of the sale of the home. The contract should include the purchase price of the home, the down payment, the interest rate, the length of the loan, and the monthly payment amount.

    🏰 Sale of residential land

    A sale of residential land generally covers the sale of a piece of land on which a home is built or is going to be built. The land may be sold with or without a home on it. The sale may also include outbuildings, such as a garage, and any landscaping features, such as a fence or a pool.

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