ELEMENTS OF A CONTRACT Flashcards
1
Q
What is the purpose of the Particulars of Sale?
A
To describe the estate in land which is being sold
2
Q
Which Sections outline the Seller’s duty to Disclose Incumbrances?
A
SC 3.1.1 + SCPC 4.1.1
3
Q
Which Sections outline the Deduction of Title?
A
SC 4.1 + SCPC 7.1
4
Q
Which Sections outline a Title Guarantee?
A
SC 4.6.2 and SCPC 7.6.2
5
Q
Which Sections outline the Date and Time for Completion?
A
SC 6.1.1 and SCPC 9.1.1
6
Q
Which Sections outline the Deposit?
A
SC 2.2 and SCPC 3.2
7
Q
Which Sections outline the Compensation for Delayed Completion?
A
SC 6.1.2 and SCPC 9.1.2 and SC 7.2 and SCPC 10.3