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Intents and purposes

By: Contributor(s): Series: Property Week ; 66(5) 2 February 2001, 88-89(2)Publication details: 2001Subject(s): Summary: Discusses the use of special purpose vehicles (SPVs) to sell properties, by selling shares in that company, to reduce stamp duty. Looks at issues relating to pricing, due diligence, tax, warranties and indemnities and warns that selling a company is very different from selling a property.

Discusses the use of special purpose vehicles (SPVs) to sell properties, by selling shares in that company, to reduce stamp duty. Looks at issues relating to pricing, due diligence, tax, warranties and indemnities and warns that selling a company is very different from selling a property.