Buyer's Pre-Contract Searches (Stage 2) Flashcards
1
Q
What pre-contract searches are so important that they will always be carried out?
A
Local Search
- Local land charges
- Enquiry of local authority
- Option enquiries of local authority (common land & town or village green)
Drainage and Water Search
Environmental Search
2
Q
What is the purpose of a Drainage and Water Search?
A
To see if the property is connected to the public water supply and drainage systems.
3
Q
What is the purpose of an Environmental Search?
A
To check whether the land is contaminated, since the landowner is responsible for clean up (even if they didn’t cause the contamination)
4
Q
What are transaction-specific searches?
A
- Search of the Index Map
- Bankruptcy Search
- Company Search
- Chancel Liability Search (obligation to contribute to local church)
- Land Charges Search (against unregistered land after 1926)
5
Q
What is a location-specific search to carry out?
A
Coal Mining