The Notice of Intent to Sell is a crucial document in property transactions within England and Wales, designed to formally communicate the intention to sell a property to relevant stakeholders. This notice is particularly important in leasehold situations where statutory requirements mandate notification to certain parties, such as tenants who may have right of first refusal under the Landlord and Tenant Act 1987. The document typically includes property details, proposed timing, and any specific conditions of the intended sale. It serves both legal compliance and practical communication purposes, ensuring all relevant parties are properly informed of the impending transaction.
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1. Sender Details: Full name and address of the party giving notice
2. Recipient Details: Full name and address of the party receiving notice
3. Property Details: Full description and address of the property intended to be sold
4. Statement of Intent: Clear declaration of intention to sell the property
5. Proposed Timeline: Expected timeframe for the intended sale
6. Date and Signature: Date of the notice and signature of the sender
1. Price Information: Proposed selling price, if required to be disclosed
2. Right of First Refusal: Required for leasehold properties where tenants have statutory rights
3. Conditions of Sale: Any specific conditions attached to the intended sale
4. Response Requirements: Any requirements for the recipient to respond, including deadlines
1. Property Title Documents: Copies of relevant title documents or land registry entries
2. Property Plans: Plans or drawings of the property where relevant
3. Proof of Authority: Evidence of authority to sell if acting on behalf of another party
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