LPC Law Notes Property Law and Practice Notes
A collection of the best LPC PLP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of PLP notes available in the UK this year. This collection of notes is fully updated for recent exams, a...
The following is a more accessible plain text extract of the PDF sample above, taken from our Property Law and Practice Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
CONTRACT CONDITIONS
Important SCPCs [Commercial] | ||
---|---|---|
SCPC 1.1.1(e) | Contract rate | |
SCPC 2 | VAT | |
SCPC 3.2.1/3.2.2 | 10% deposit (stakeholder) | |
SCPC 4.1.1/4.1.2 | Disclosure of incumbrances | |
SCPC4.2.1 | Physical state | |
SCPC 7.6.2 | Title guarantee | |
SCPC 7.6.5(a) | Personal indemnity covenant | |
SCPC 8.1 | Insurance risk passes to B from exchange | |
| 9.1.1 | Time is NOT ‘of the essence’ |
9.8 | Service of a ‘Notice to Complete’ – makes time ‘of the essence’ | |
10.1/10.2 | Damages/Recission | |
10.3 | Compensation regarding late completion (protects S only) | |
10.5/10.6 | Consequences of a failure of B/S to comply with ‘Notice to Complete’ | |
Important SCs [Residential] | ||
SC 1.1.1(e) | Contract Rate | |
SC 2.2.1 | 10% deposit (stakeholder) | |
SC 3.1.1/3.1.2 | Disclosure of incumbrances | |
SC 3.2.1 | Physical state | |
SC 4.6.2 | Title guarantee | |
SC 4.6.4 | Personal indemnity covenant | |
SC 5.1.1 | Insurance risk passes to B from exchange | |
| 6.1.1 | Time is NOT ‘of the essence’ |
6.8 | Service of a ‘Notice to Complete’ – makes time ‘of the essence’ | |
7.1 | Damages/Recission | |
7.2 | Compensation regarding late completion (protects S & B) | |
7.4/7.5 | Consequences of a failure of B/S to comply with ‘Notice to Complete’ | |
Delay SCs/SCPCs | ||
SC 6.1.1 SCPC 9.1.1 | Time NOT of the essence; i.e. parties cannot just walk away | |
If delay is likely to be short: | ||
SC 7.2 SCPC 10.3 | Compensation (Buyer & Seller) Compensation (for Seller only) | |
If delay is likely to be longer: | ||
SC 6.8 SCPC 9.8 | Serve ‘Notice to Complete’ (to enable ‘innocent’ party to walk away) | |
SCs 7.4 & 7.5 SCPCs 10.5 & 10.6 | Recission (if fail to comply with ‘Notice to Complete’) | |
Common Additional Special Conditions | ||
| ||
Back Page Special Conditions | ||
The conditions in Part 2 shown against the boxes checked below are included in contract: Condition Al (VAT: not a taxable supply) [or] Condition A2 (VAT: transfer of a going concern) Condition B (capital allowances). The amount of the purchase price apportioned to plant and machinery that are fixtures for the purposes of the Capital Allowances Act 2001 is Condition C1 (flats: no Ts’ rights of 1st refusal) [or] Condition C2 (flats:... |
Buy the full version of these notes or essay plans and more in our Property Law and Practice Notes.
A collection of the best LPC PLP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of PLP notes available in the UK this year. This collection of notes is fully updated for recent exams, a...
Ask questions 🙋 Get answers 📔 It's simple 👁️👄👁️
Our AI is educated by the highest scoring students across all subjects and schools. Join hundreds of your peers today.
Get Started