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Property practice
Property Due Diligence 2
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Cards (51)
What is the primary responsibility of the buyer's solicitor in a property transaction?
The buyer's solicitor
investigates
the seller's
title.
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What should a buyer's solicitor look for if the title is unregistered?
They should look out for a
triggering event
after
1 December 1990.
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What constitutes an unbroken chain of ownership?
An unbroken chain of ownership means there are
no gaps
in the
title history
of the property.
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What are some examples of triggering events?
Examples include
selling
,
transferring
,
leasing
, or requiring a
mortgage
on the property.
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What should be checked if a document refers to an earlier document that is not produced?
Look for any
third-party interests capable
of
registration
as a
land charge.
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What should a buyer's solicitor do if any issues are identified during the investigation?
Raise
pre-contract enquiries.
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What actions can be taken if a defect in title is identified?
Enter into a deed of variation
and
deed of rectification
or
obtain indemnity insurance.
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What is the purpose of a Local Search conducted by the buyer's solicitor?
To check for local
financial land charge
registrations against the
property.
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What should be done if a local financial land charge exists against the property?
The buyer's solicitor should
raise enquiries
and ask the seller's solicitors to
repay
the charges from the
sale proceeds.
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What is a tree preservation order (PTO)?
A PTO is a
legal order
that
protects
specific trees from being
cut down
or
damaged.
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What is required if a property is a listed building?
Authority
is needed to make
changes
from the
local authority.
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What standard enquiries should be made regarding the property?
Enquiries about
road proposals
,
major gas pipelines
, and
proximity to common land
or
village green.
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What is the purpose of a drain and water search?
To check the
water supply
to the property.
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What does an environmental search check for?
It checks whether the
land is contaminated.
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What should be done if the seller is a company?
A
company search
should be conducted to check if the company is subject to
winding up
or
liquidation.
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What is required if the buyer is obtaining a mortgage?
A
bankruptcy search
should be conducted.
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What should be sent to the seller/landlord for commercial property transactions?
A
copy
of the
Commercial Property Standard Enquiries.
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Why should the buyer attend the property for a physical inspection?
To check for
rights of way
or any
persons in occupation.
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What does the Town and Country Planning Act 1990 require from landowners?
Landowners must obtain
planning permission
before any
development of the land.
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What types of activities require planning permission under the Town and Country Planning Act 1990?
Making
structural changes
, carrying out
mining operations
, and
changing the use of
land/buildings.
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What is the purpose of the Town & Country Planning (General Permitted Development) Order 1995?
It allows certain
developments without
the need for
express consent.
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What is deemed permission in the context of planning?
Deemed permission means permission is granted for specified work without needing to apply.
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How can a local authority disapply deemed permission?
By passing an
Article 4 direction
, especially in
conservation areas.
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What must be done if no deemed permission exists for a development?
An
application
must be made to the
local authority
for
express planning permission.
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What is the difference between detailed permission and outline permission?
Detailed
permission allows development to commence with
conditions
, while
outline
permission is
broader
and subject to
reserved matters.
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What is the time limit for planning permission in England?
3 years
from the date of permission.
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What is the time limit for planning permission in Wales?
5 years
from the date of permission.
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What enforcement actions can local authorities take regarding planning law breaches?
They can require
full compliance
, such as
pulling down
or
rebuilding
incorrectly done work.
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What is the purpose of enforcement warning notices issued by local authorities?
To invite recipients to
apply
for
retrospective planning permission
when a
breach
is
identified.
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What is the time limit for enforcement action in England?
10
years of
alleged breach
, or
4
years for
breaches of change of use
or
operational development
before
25.04.2024.
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What is the time limit for enforcement action in Wales?
4
years of
alleged breach
, or
10
years for
breaches
of
mining operations.
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What can a local planning authority do if the statutory limits for enforcement action have expired?
They can apply to the
magistrates court
for a planning enforcement order if the breach has been concealed.
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What are building regulations designed to ensure?
That
new buildings
are constructed according to certain
standards.
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What must be complied with even if planning permission is not required?
Building regulations
must still be complied with.
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What does a building control officer do?
A building control officer
inspects work
and issues a
building regulations completion certificate.
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What can local authorities do within 12 months from a breach of building regulations?
They can take
enforcement action.
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What can local authorities seek even after the enforcement period has expired?
They can still seek an
injunction
requiring the
owner
to bring the
building up
to
standards.
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What should a buyer do if a breach of planning laws/building regulations has passed?
The buyer may ask the seller to provide
indemnity insurance.
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How are commercial buildings categorized?
Commercial buildings are placed into
use classes.
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What is required to change the use class of a commercial property?
Planning permission
is required to change the
class.
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