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...

Post-completion, pre-registration property dealings: HM Land Registry buyer duties, seller co-operation and indemnity, and interim power of attorney for occupational lease notices/proceedings (England and Wales)

Published by a LexisNexis Property expert

Precedents

[ Alternative clause for inclusion in sale contract ]

1 Registration

Buyer shall:

apply promptly to HM Land Registry to be registered Proprietor;
deal swiftly with any HM Land Registry requisitions; and
within [ number ] working days of completing that application, give the Seller official copy register entries showing the Buyer as proprietor.

Seller shall promptly notify the Buyer of any notice served on, or proceedings begun against, the Seller relating to the Property after the Actual Completion Date.

Until the Buyer’s registration is completed, the Seller, at the Buyer’s request and cost, shall: take reasonable steps to answer notices or proceedings about the Property or Occupational Leases; serve notices and start proceedings required to protect the Buyer’s interest; serve any notice terminating an Occupational Lease; the Buyer shall indemnify the Seller against all resulting liability.

[ Alternative clause for inclusion in transfer ]

1 Power of attorney

The Transferor grants the Transferee an irrevocable power of attorney, effective only from [ today OR the date of this Transfer ] until the Transferee is registered as proprietor at HM Land Registry, to serve notices [ and commence any proceedings ] in the Transferor’s name in connection with the Occupational Leases...

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Web page updated on 22/05/2026

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