MattDamien
Registered User
- Messages
- 3
Remind him to give to his solicitor to give to the purchaser.
If it's just an agreement made between two parties, a third party can not be bound by it.
So does that mean that the agreement dies with the sale?
Yes they can be so bound. I draft agreements all the time that follow an asset. That’s why I have suggested that the agreement to be given to the solicitor. He or she will be able to work out whether this is drafted in that way.Unless there's something like a wayleave registered against the property itself, a third party can not be forced to honour an agreement they had no part in. That would open huge potential for issues in property transfer. Imagine if I could sign an agreement to let a neighbour take over most of my garden, I then sell my house and the purchaser later gets landed with this...
Yes they can be so bound. I draft agreements all the time that follow an asset. That’s why I have suggested that the agreement to be given to the solicitor. He or she will be able to work out whether this is drafted in that way.
They include a warranty in the purchase agreement that no such agreements exist. It’s one of the standard boilerplate clauses that very few people read
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?