Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Completion definition

What does Completion mean? In legal practice, Completion is the point at which a transaction is finally effected, sometimes called 'closing' in cross‑border deals: consideration is paid and title, assets or rights are transferred after all conditions precedent are satisfied or waived and the required completion documents are delivered. Not generally defined by legislation, it is a contractual expression used across conveyancing, corporate/M&A and finance, informed by common law. Key features include a completion date/time; completion mechanics (agenda or checklist); execution and delivery of transfers and ancillary documents; release of funds (often against undertakings); and, where relevant, escrow or virtual completion. Completion usually fixes when...

Pre-completion searches for property transactions in England and Wales: registered and unregistered land, priority periods, adverse entries, bankruptcy and company checks

Published by a LexisNexis Property expert

Practice notes

This Practice Note describes the searches to be completed ahead of Completion (pre-completion searches), namely:

official searches with Priority
land charges searches
Company and bankruptcy searches

It sets out when each search is required, how to carry it out, the aim and effect of each search, the applicable priority period, and the steps to take if adverse entries are uncovered. It also points out that additional pre-completion searches may be necessary where a document is executed under a power of attorney. These searches are undertaken for the buyer, tenant or lender to verify that the title information obtained during due diligence remains correct at completion. If a lender is financing the acquisition and taking a charge over the property, it may perform some or all of the pre-completion searches itself, or insist on conditions precedent relating to the provision of pre-completion searches before allowing the buyer to drawdown funds for completion (see Practice Note: Real estate finance—conditions precedent and the mechanics of drawdown in investment facilities)...

Official search with priority—registered land or seller’s title pending first registration—registrable dispositions for valuable consideration

How and when to search? An official search with priority

An official search with priority...

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Web page updated on 21/05/2026

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