Chapter 11 Multiple Choice Questions

A contract for sale of a new property in the course of construction will typically provide for legal completion to take place when?

On a fixed date agreed by the parties.

10 working days after exchange of contracts.

20 working days after exchange of contracts.

Within a specified period after the seller's solicitor has notified the buyer's solicitor that the property has been physically completed and is fit for occupation.

Which of the following would a buyer's solicitor NOT normally expect to receive from the solicitor acting for the developer/seller of a new property on a large estate?

Evidence of the seller's title.

Replies to standard enquiries before contract.

Draft contract.

Draft purchase deed.

None of the selections apply.

A Land Registry certificate on Form CI will certify which of the following?

That the new property has been completed in accordance with the plans and specifications for the development.

That the developer has an absolute title.

That the developer's title is unregistered and is not subject to a caution against first registration.

That the individual plot to which it relates is within the developer's title.

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