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Buyer's Checklist for Acquiring Registered Freehold or Leasehold Commercial Property, Vacant Possession or Investment: Due Diligence to Post-Completion (England and Wales)

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This Checklist is intended for situations where you act for the buyer acquiring a registered freehold or leasehold commercial property, whether with vacant possession or already let under one or more leases. It is not comprehensive and cannot anticipate every scenario in every deal. You should always assess if any further points require attention.

It is assumed that:

  • the property is not subject to any residential tenancies; and
  • the seller is solvent

This Checklist covers these principal areas:

  • Preliminary matters
  • Is the buyer using finance to acquire the property?
  • Before exchange of contracts
  • Are you ready to exchange?
  • Exchange of contracts
  • Post exchange steps
  • Between exchange and completion
  • Are you ready to complete?
  • Completion
  • Post completion

Preliminary matters

See also Practice Note: Transferring commercial property—a practical guide — Preliminary matters. Are the buyer’s instructions and intended use for the property clear? Strong due diligence and effective transaction management rely on a solid grasp of the buyer’s objectives and the agreed purchase terms...

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Web page updated on 20/05/2026

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