Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Disclosed definition

What does Disclosed mean? In receivables finance (factoring and invoice discounting), disclosed means the debtor is notified that the receivable has been assigned by the client/seller to a receivables purchaser (assignee) and is instructed to pay the purchaser directly. It is a market description rather than a defined statutory term, but it operates alongside statutory and common law rules on assignment and notice. Key legal effects: - After notice, the debtor should pay the assignee; payment to the seller will not usually discharge the debt. - In England & Wales and Northern Ireland, a written assignment with notice can take effect as a...

Precedent: short-form report on title for freehold acquisition with occupational lease schedule (England and Wales)

Published by a LexisNexis Property expert

Precedents

Property: [ insert name and/or address of the Property ] (‘Property’)
Purchaser: [ insert name, address and (if applicable) company registration number of buyer ]
Transaction: [ insert brief details ]

1 Executive summary

1.1 Scope of report

This report is addressed to you, [ insert buyer’s name ], and is prepared exclusively for your benefit in connection with your intended acquisition of the Property. No other party may be given access to it or rely upon it without our prior written consent.

1.2 Good and marketable title

[ In our opinion, subject to the matters noted in this report, on Completion of the Property purchase, payment of [ Stamp Duty Land Tax OR land transaction tax ] and registration at HM Land Registry, you will acquire a good and marketable title to the Property. ]

1.3 Areas of concern

[ Insert any concerns about the Property arising from your due diligence ].

[ Title indemnity insurance [ has been OR will be ] obtained in respect of [ insert details of title defect which has been/will be insured against ]. The indemnity insurance policy provides cover up to ]...

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Web page updated on 22/05/2026

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