Pre-completion searches Flashcards
(11 cards)
correct form of purchase deed for a registered freehold property
TR1 form
the relevant priority search for the whole of registered land
An OS1
relevant solvency search against the buyer when the buyer is an individual
K16
Whether the property is listed will appear in the
LLC1
Contaminated land notices and building regulations approval are detailed in the
CON29
Flooding risk appears in
the environmental desktop search
The optional search identifies the risk of subsidence, and whether any compensation has already been paid (which will mean no future compensation can be paid)
Coal mining and brine search (CON29M)
Drainage and Water search
has drainage and water questions specific to the property and reveals matters such as whether foul and surface water from the property drain to a public sewer. It is dealt with by the relevant water service company for the area.
Waterways search
Optional; shows liability for maintenance of river bank or canal, rights of way for banks and tow paths, drainage and fishing rights, and owner’s liability for flooding (but does not assess flood risk).
Highways search
shows whether roads included in the search are adopted highway (ie, maintained by the local authority at its expense for public use).
Desktop environmental search
based on historical records and will indicate if the land has been used for potentially contaminative land uses. It also contains information on likelihood of flooding and susceptibility to natural subsidence and industrial use within 250m of the property.