Property (4)
Terms
undefined, object
copy deck
- What wording will the LR expect to see in Panel 11 where a sole surviving tenant in common is appointed?
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(1) For the purpose of giving valid receipt;
(2) [Name of sole prop] ('Current Trustee');
(3) in exercise of the power under s. 36(6) of the Trustee Act 1925 appoints;
(4) [Name of additional T] to be a trustee of the Property with the Current Trustee. - What is the length of the priority period for the purpose of an OS1 search?
- 30 working days from the date of the search result
- What form should be used to gain a priority period over part of land only?
- OS2
- What form is used to carryout a bankruptcy search on a buyer?
- K16
- What is the protection period afforded to Central Land Charges searches for the purpose of unregistered land and what form should be used?
- Form K15 - 15 working days.
- In the context of the TR1, how can the document be executed by an individual?
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(1) Indicate that its a deed;
(2) be signed in the presence of an independent witness;
(3) be delivered. - How can a company execute a TR1?
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(1) by two authorised signatories; or
(2) a single director in the presence of an independent witness.