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This work covers the drafting and negotiation of contracts for the sale of commercial property in England and Wales, including due diligence, title checks, and the exchange and completion of contracts. A solicitor prepares or reviews the sale agreement, negotiates terms such as price, fixtures and fittings, and liabilities, coordinates with buyers, sellers, lenders, and stamping requirements, and ensures correct registration on completion. It also covers post-completion events arising from the sale.
The solicitor handles due diligence, title verification, drafting or amending the sale agreement, negotiating conditions (timeframes, fixtures, warranties, and indemnities), coordinating searches and searches results, liaising with lenders, and arranging post-completion steps such as registration of the transfer at HM Land Registry and handling any post-completion stamp duty or tax implications.
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