What is a Contract Pack?
The Contract Pack is the first stage of any conveyance in England & Wales. Once the sale is agreed (between the buyer and seller via the estate agent), solicitors are notified that the ‘deal is done’. Then, the legal part of the conveyance begins!
The seller’s solicitor will send the Contract Pack to the buyers solicitor. This is usually 1-3 weeks after the sale is agreed. The Contract Pack includes the draft sales Contract, plus various ‘Sellers Property Information Forms’. These are prescribed forms which are used in all residential conveyances in England & Wales. The Sellers Property Information forms include a TA6 (Property Information) and TA10 (Fixtures & Fittings). If the property is leasehold there will also be a TA7 (Leasehold Information). The seller (not their solicitor) will have completed those forms, and the content of the forms represents an integral part of the sale ‘contract’. Put another way, if the seller misleads (deliberately or recklessly) the buyer in those forms they may be in breach of contract. An example of this might be that they fail to disclose a problem neighbour, or a boundary dispute, etc
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