Conveyancing

Our Conveyancing Glossary

 

This is a summary of all legal documents which relate to a property

 

This essentially means "buyer beware" - a principle which still stands in property transaction

 

This is a document which certifies the legal ownership of land

 

A search at the local authority to check that the property is not registered as common land

 

When the buyer of a property becomes the new owner of the property

 

This document will be signed by the person selling and the person buying the property and will be sent to their solicitors

 

The legal work which needs to be undertaken when buying or selling a property

Deeds 

 

The ownership document relating to a property is known as a "Title Deed"

 

A search which is carried out on the property to check whether there is any record suggesting that the property may be affected by contamination

 

When the buyer and seller formally exchange the contract and become legally bound to complete and move out on an agreed date

 

A fee which can be paid to the Land Registration to speed up registration of a property

 

This is a document containing various details about a property which is to be sold

 

A search at the Land Charges Registry to determine whether the property is registered and to find out if any mortgages or interests are listed against the property

 

An enquiry carried out to determine if there are any potential circumstances that could affect property

 

A search undertaken to check whether a property has been affected by any coal mining activities

 

The person to whom the mortgage is made.

 

The person who makes the mortgage

 

System by which the ownership of estates in land is recorded and registered

 

A charge applicable to a conveyance, transfer or a lease of land where the instrument was executed prior to 1 December 2003

 

The contract term that state of a property will have been vacated upon completion of the sale
 
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