for the service charge year current on completion
showing:
irrecoverable.
charge expenditure, the seller must pay to the buyer
an amount equal to the excess when it provides the
service charge account;
been received or are still then due), the buyer must use
all reasonable endeavours to recover the shortfall from
the tenant at the next service charge reconciliation date
and pay the amount so recovered to the seller within
five business days of receipt in cleared funds; but in
respect of payments on account that are still due from a
tenant condition g11 (arrears) applies.
expenditure incurred in respect of the period before
actual completion date and the buyer must pay the
expenditure incurred in respect of the period after actual
completion date. any necessary monetary adjustment
is to be made within five business days of the seller
providing the service charge account to the buyer.
fund:
indemnify the seller if it does not do so.
the actual completion date has not been agreed or
determined.
not agree the level of the revised rent or commence rent
review proceedings without the written consent of the
buyer, such consent not to be unreasonably withheld or
delayed.
reasonably practicable but may not agree the level
of the revised rent without the written consent of the
seller, such consent not to be unreasonably withheld or
delayed.
correspondence and other papers; and
regard to any proposals the other makes in relation to it.
rent and interest recovered from the tenant that relates
to the seller's period of ownership within five business
days of receipt of cleared funds.
recoverable from the tenant has not been received
by completion the increased rent and any interest
recoverable is to be treated as arrears.
ii of the landlord and Tenant act 1954 (as amended) and
references to notices and proceedings are to notices and
proceedings under that act.
written consent of the buyer (which the buyer must not
unreasonably withhold or delay) serve or respond to any
notice or begin or continue any proceedings.
the buyer reasonably directs in relation to it.
tenancy and the determination of any interim rent as
soon as reasonably practicable at the best rent or rents
reasonably obtainable; and
account to the seller for the part of that increase that
relates to the seller's period of ownership of the lot
within five business days of receipt of cleared funds.
proceedings relating to this.
g25.2 where a warranty is assignable the seller must:
and
that is required. if consent has not been obtained by
completion the warranty must be assigned within five
business days after the consent has been obtained.
do not place the seller in breach of its terms or expose
the seller to any liability or penalty.
transfer or part with the whole or any part of the buyer's
interest under this contract.
registrable disposition. The buyer must at its own
expense and as soon as practicable:
against the affected titles; and
proprietor.
expense and as soon as practicable:
given to or by their conveyancers.
sale memorandum) by a postal service that offers
normally to deliver mail the next following business
day.
on a business day a communication is to be treated as
received on the next business day.
will be treated as received on the second business day
after it has been posted.
contract pursuant to the Contract (rights of Third Parties)
act 1999.
Conditions, Edition 3, ("the Common auction Conditions")
subject to the following, each taking precedence over the
other in descending order:
applicable ("the Special Conditions"), plus The law
society's conditions known as the standard Conditions
of sale (Fifth Edition) if applicable, as set out in the legal
Pack;
the Extra Conditions of sale);
Buyer is deemed to buy the Property knowing and fully
independent legal advice if in doubt.
must register their attendance in the auction room by
completing a registration form. They must provide such
confirmation of their identity and evidence of their home
address as the Auctioneer in his absolute discretion
considers acceptable. Persons not registering, or who
are unable to provide adequate evidence of identity or
address, will not be permitted to bid in the auction. on
the Property being knocked down by the Auctioneer, the
successful bidder must immediately attend the settling
Table and sign two copies of the auction memorandum
for the Property. The successful bidder must also pay
the necessary deposit (see clause g30.3) and the
Auctioneer's administration Charge (see clause g30.4).
purchase price or £2,000, or such other figure stipulated
by the Seller's solicitor, whichever shall be the greater,
to the Auctioneer on or before signing the auction
memorandum. Unless the Special Conditions for the
lot in question state to the contrary, the Auctioneer
shall hold as agent of the Seller, save for that part
representing the auctioneers' charges to the Seller. The
deposit shall be paid by way of Banker's draft or other
such method the Auctioneer in his absolute discretion
may accept. Cash will not be accepted. any interest
accruing on monies held by the auctioneers will be
retained by them to offset administration.
pay to the Auctioneer an administrative charge of £800,
including VaT on or before the earliest of signing the
auction memorandum or exchange of contract.
shall be taken to be correctly described in the auction
Catalogue ("the Catalogue"). The Auctioneer has
prepared the Catalogue from information provided by
or on behalf of the Seller and the Auctioneer shall not
be responsible for any errors in the Catalogue. The
Buyer must satisfy himself, before making a bid, as to
the accuracy of the particulars given in the Catalogue
and shall not be entitled to cancel the sale or rescind
the agreement for sale of the Property as a result of any
incorrect statement, error or omission in the Catalogue.
The Buyer acknowledges that he has not relied on the
Catalogue in deciding whether to buy the Property and
that the Buyer is not relying on the information in the
particulars as proof that the current or any future use or
nature of any lot is legitimate, consented or approved.
The Buyer acknowledges that the onus for verification
lies solely with the Buyer. if any information is not cor rect
any liability of the Seller and any remedy of the Buyer
are excluded to the extent permitted by statute.
by any statement or representation whether verbal or in
writing which may have been made to him or any person
on his behalf, by the Auctioneer, the Seller or anyone on
behalf of the Seller;
to in paragraph (a) above does not form part of this
agreement; and
on behalf of the Seller at law or in equity in respect
of any statement made to the Buyer or anyone on
his behalf is excluded to the extent permitted by the
misrepresentation act 1967.
as to the ownership of any electric wiring and fittings, gas
fittings and installations, central heating installations, TV
aerials, satellite dishes or other reception devices, any
of which may belong to the supply companies. in such
cases the Seller accepts no liability for any payments that
may be outstanding.
agents act 1979, the right is reserved to the Auctioneer
or any related company, and the shareholders, and
employees of the foregoing or their associates or
members of their respective families, to bid at the
auction or to offer a property for sale at the auction.
restrictions, plans, leases and any other documents
referred to in the Special Conditions of Sale or the
auction Catalogue may be inspected on-line at www.
countrywidepropertyauctions.co.uk or at the offices
of the Seller's solicitors or the Auctioneer's offices at
any time during normal working hours, up to the date
prior to the sale or in the auction room prior to the
commencement of the auction sale. The Buyer shall
be treated as buying with full knowledge of all matters,
whether or not he has inspected any of the documents.