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

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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.

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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)

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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)
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5
Q

What is a location-specific search to carry out?

A

Coal Mining

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