We have extensive experience advising on plot sales, with the Property Development and Commercial Property solicitors and lawyers in our team having previously worked in dedicated Plot Sales teams at Legal 500 ranked firms. If you are a developer, we can assist you in the following:
- Initial Preparations:
- Title Investigation: We check that the seller has a clear and marketable title to the units.
- Drafting Contracts: We prepare the contract package including the sale contract (which includes the sale price, standard conditions, and special terms) and the draft transfer or lease.
- Pre-Exchange of Contracts:
- Negotiation: We negotiate the terms of the contract and transfer or lease, ensuring that your interests are protected. Any amendments to the contract and transfer or lease are made during this stage.
- Enquiries: We respond to pre-contract enquiries from the buyer’s solicitor. This can include questions about boundaries, access, services (like water and electricity), and any existing or potential disputes.
- Exchange of Contracts:
- Contract Exchange: Once all parties agree, contracts are exchanged. At this point, the transaction becomes legally binding. We will manage the exchange and receive the deposit.
- Completion Date: We deal with completion of the sale on the completion date, which is when the legal title to the unit will be transferred to the buyer.
- Completion:
- Final Checks: We carry out final checks to ensure all conditions of the contract have been met and there are no last-minute issues.
- Transfer Deed or Lease: We prepare the transfer deed or Lease, which formally transfers ownership of the unit to the buyer. Both parties sign this deed.
- Handling Funds: We receive the funds from the buyer’s solicitor, ensuring all financial aspects, such as outstanding mortgages on the unit, are dealt with.
- Post-Completion:
- Final Documentation: We provide the buyer’s solicitor with final documentation, including the completed transfer deed or lease.
CONTACT US
If you wish to discuss a case with us, please contact Julian De Giovanni on 01420 81281 or fill in the form below.
“Thorough on acquisitions and smooth on sales. Proactive and commercially astute. Not fazed by dealing with large London or regional firms. Good sense of humour and remains calm under pressure. Gets the job done time and time again.”
“…I particularly wish to thank you for all your hard work, advice and support throughout, which has been a significant factor in enabling us to get to goal. I know that you have often spent a lot of time on this matter after normal office hours to ensure progress of the sale was maintained – all very much appreciated.”
“We use Julian De Giovanni because we have found him adept at identifying problems early on and then either resolving them or advising us of our position. He always has in mind the importance to us of being able to sell on completed units quickly and cleanly once we have concluded a project. Julian puts in the extra effort that is required to get the job done. He is contactable, answers the phone and replies to messages. He meets and exceeds our expectations whilst remaining a pleasant person to deal with! I have had no hesitation in recommending him to others.”
