North-south divide
Series: Property Week ; 66(15) 12 April 2001, 70(1)Publication details: 2001Subject(s): Summary: Considers the differences between England and Scotland when pursuing commercial property transactions. Discusses the situations of a compulsory purchase order being placed on a property and a fire destroying a property after contracts are exchanged (concluded in Scotland), and highlights that in England the buyer is more likely to bear the risk than in Scotland. Also looks at the issues of penalty for late completion and paying deposits for each country. Concludes that cross-border commercial differences can be tackled by using agents and lawyers who have experience of deals in England and Scotland.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS64045 (Browse shelf(Opens below)) | 1 | Available | 112555-1001 |
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Considers the differences between England and Scotland when pursuing commercial property transactions. Discusses the situations of a compulsory purchase order being placed on a property and a fire destroying a property after contracts are exchanged (concluded in Scotland), and highlights that in England the buyer is more likely to bear the risk than in Scotland. Also looks at the issues of penalty for late completion and paying deposits for each country. Concludes that cross-border commercial differences can be tackled by using agents and lawyers who have experience of deals in England and Scotland.