Considerations when executing personal guarantees

The importance of legal advice when providing a guarantee.  By Youssef Abouelnasr and Nicholas Kyriakoudes Personal guarantees are legal agreements which entail a third party (the guarantor) promising to ensure that a particular legal duty owed to another party (the beneficiary) by some other entity (whether that be a person or company) will be performed [...]

2022-06-20T01:43:58+00:00June 20th, 2022|

Vacant possession, what does it mean?

Erin Chard When purchasing a property, the front page of the Contract will specify whether the property is being sold with vacant possession, or subject to an existing tenancy. Where vacant possession is selected, clause 17.1 of the Contract states that the Vendor must provide the purchaser with vacant possession on completion. So, what does [...]

2022-06-03T06:07:02+00:00June 3rd, 2022|
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