Document background
The Property Transfer Agreement is a fundamental document in real estate transactions in England and Wales. It is used whenever legal ownership of property needs to be transferred between parties, whether in commercial or residential contexts. The agreement must be compliant with English property law, particularly the Law of Property Act 1925 and the Land Registration Act 2002. It includes essential details such as the property description, purchase price, warranties about title, and any encumbrances or restrictions. The document forms the basis for registration at the Land Registry and is crucial for establishing clear title to property.
