Property Law Advice Quiz
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Whilst investigating the registered title of a freehold commercial property (the ‘Property’), the buyer’s solicitor has come across the following entry on the Proprietorship Register: 'The Transfer to the proprietor contains a covenant to observe and perform the covenants referred to in the Charges Register and of indemnity in respect thereof.'

Which one of the following options is the best advice the buyer’s solicitor should now give to the buyer?

  • The buyer will need to give the seller an indemnity covenant in the contract
  • The buyer will need to give the seller an indemnity covenant at completion if the Standard Commercial Property Conditions are incorporated into the contract. (correct)
  • The buyer will need to do a Central Land Charges search to check whether any restrictive covenants have been registered against the seller as a d(ii) land charge.
  • The buyer will need to ask the seller to give the buyer an indemnity covenant in the transfer (TR1)
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