Property Practice – SEQUENTUS

Investigation of a registered and unregistered freehold title 5 Topics

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key elements and structure of freehold property transactions

process of analysing Land Registry official copy entries

process of analysing an epitome of title and deducing ownership

issues that could arise from an investigation of title and further action required

purpose and process of reporting to the client

Pre-contract searches and enquiries 3 Topics

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range and purpose of making searches and raising enquiries

who would make the searches and raise enquiries

results of searches and enquiries

Law Society Conveyancing Protocol

Finance 4 Topics

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sources of finance for a property transaction

Types of mortgage

Acting for a lender – lender’s requirements

Acting for a lender – purpose of a certificate of title

Preparation for and exchange of contracts 9 Topics

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Key conditions contained in the Standard Conditions of Sale

key conditions contained in the Standard Commercial Property Conditions

Purpose of, and matters covered by, special conditions

Deposits – stakeholder or agent

insurance and risk

basics of VAT in a contract

timing for issuing certificate of title to a lender

the practice, method and authority to exchange

consequences of exchange

Pre-completion 3 Topics

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form of transfer deed and formalities for execution

pre-completion searches

pre-completion steps

Completion and post-completion 2 Topics

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methods and effect of completion

post-completion steps

Remedies for delayed completion 4 Topics

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common law damages

contractual compensation

notice to complete

rescission

Structure and content of a lease 8 Topics

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options for the term of a lease

Code for Leasing Business Premises

Procedural steps for the grant of a lease or underlease 6 Topics

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drafting the lease

purpose of an agreement for lease

deduction of title

pre-contract enquiries and searches

pre-completion formalities

completion and post-completion steps

Procedural steps for the assignment of a lease 7 Topics

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deduction of title

pre-contract enquiries and searches

landlord’s consent

deed of assignment and covenants for title

pre-completion formalities

authorised guarantee agreement

completion and post-completion steps

Licence to assign and licence to underlet 3 Topics

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purpose of and who prepares the draft

privity of contract and how the licence deals with this

key provisions in the licence

Leasehold covenants 2 Topics

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liability on covenants in leases granted before 1 January 1996

liability on covenants in leases granted after 1 January 1996

Remedies for breach of a leasehold covenant 7 Topics

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action in debt

forfeiture

Commercial Rent Arrears Recovery

pursue guarantors and/or rent deposit

specific performance

damages

self-help/Jervis v Harris clause

Termination of a lease 4 Topics

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Security of tenure under a business lease 7 Topics

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Landlord and Tenant Act 1954 (Part II)

application of 1954 Act

renewal lease by the tenant

termination by the landlord

landlord’s grounds of opposition

terms of new lease

availability of compensation

Core principles of planning law 5 Topics

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Statutory definition of “Development”

Matters that do not constitute “Development”

Matters that do not require express planning permission

Building regulation control

Enforcement: time limits and the range of local planning authority’s enforcement powers

Taxation (property) 5 Topics

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Stamp Duty Land Tax and Land Transaction Tax

SDLT – basis of charge in both England and Wales for residential property

SDLT – basis of charge in both England and Wales for non-residential freehold property

Value Added Tax (property)

Capital Gains Tax (property)

Property Practice Assessment

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