Negotiations between a buyer and seller before exchange of contracts. Any agreement is not binding until contracts are exchanged.

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A list of all documents that prove title to land.

To transfer the right or interest in a property from one person to another.

The person to whom the right or interest of property is transferred.

The person who transfers a right or interest of property to another person.

A cheque drawn directly from a bank’s funds, and not from an individual’s account.

The person or people who are entitled to receive the proceeds of a sale.

Where one of the parties bound by a contract fails to keep to the contract’s terms and conditions.

Approval Consent required from the local authority for certain works undertaken at a property.