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14 Day Notice Of Intention To Sell Template for England and Wales

A 14 Day Notice of Intention to Sell is a formal legal document used in England and Wales to notify relevant parties of a proposed property sale. This notice is typically required when there are pre-emptive rights, such as rights of first refusal, or when contractual obligations mandate such notification. The document provides essential details about the property, proposed sale terms, and establishes a 14-day period during which the notified party may exercise any relevant rights or respond to the notice.

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What is a 14 Day Notice Of Intention To Sell?

The 14 Day Notice of Intention to Sell is a crucial document in property transactions where parties hold specific rights or interests in the property. It is commonly used in England and Wales when contractual arrangements or legal obligations require advance notification of a proposed sale. This notice serves multiple purposes: it fulfills legal obligations, protects the seller's interests, and ensures transparency in the transaction process. The document typically includes property details, proposed terms of sale, and establishes a clear timeline for response. It's particularly important in scenarios involving rights of first refusal, shared ownership arrangements, or where specific notice periods are contractually required.

What sections should be included in a 14 Day Notice Of Intention To Sell?

1. Sender Details: Full name, address and contact details of the party giving notice

2. Recipient Details: Full name, address and contact details of the party receiving notice

3. Property Details: Full address and description of the property intended for sale

4. Notice Period: Clear statement of the 14-day notice period and relevant dates

5. Intent Declaration: Formal declaration of intention to sell

6. Legal Basis: Reference to relevant agreement or legal right to give notice

What sections are optional to include in a 14 Day Notice Of Intention To Sell?

1. Proposed Sale Price: Include when required by underlying agreement or relevant to recipients rights

2. Proposed Sale Terms: Include when specific terms of sale are relevant to the recipient's rights

3. Right of First Refusal: Include when recipient has contractual or legal right of first refusal

What schedules should be included in a 14 Day Notice Of Intention To Sell?

1. Property Title: Copy of title register or other proof of ownership

2. Original Agreement: Copy of agreement giving rise to notice requirement

3. Property Details Schedule: Additional information about the property including relevant photographs, floor plans, or other specifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

England and Wales

Document Type

Notice of Intent

Cost

Free to use

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