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:
Buyer | Seller | |||
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Other special rates & exemptions:
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FINANCE
INSURANCE
At common law/ under contract standard conditions (SC 5.1.1/ SCPC 8.1), risk of damage to the property passes to Buyer at exchange of contracts
Buyer becomes beneficial owner of the property upon exchange of contracts - so in the Buyer’s interest to ensure the building is insured
Important for Buyer to have insurance policy ready to be put ‘on risk’ from date of exchange
Surveys
Caveat emptor – Buyer beware – SC 3.2.1/SCPC 4.2.1 – Important for the buyer to ascertain the physical state of the property.
Valuation |
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| Not necessarily sufficient information about the state of the property to allow the buyer to make reasoned judgement as to whether to proceed |
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Condition Report | Designed to complement the lender’s valuation |
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Home Buyer’s Valuation and Survey Report |
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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...
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