Capital allowances: fixtures election | Practical Law

Capital allowances: fixtures election | Practical Law

Provisions to be inserted in an asset purchase agreement or a sale contract of commercial property where a joint capital allowances election is to be made by the buyer and the seller to fix the amount paid for fixtures where that amount is part of a larger sum paid for an interest in land and buildings. To be used in conjunction with Standard document, Asset purchase agreement and contracts for sale of commercial property.

Capital allowances: fixtures election

Practical Law UK Standard Document 2-200-0672 (Approx. 16 pages)

Capital allowances: fixtures election

MaintainedUnited Kingdom
Provisions to be inserted in an asset purchase agreement or a sale contract of commercial property where a joint capital allowances election is to be made by the buyer and the seller to fix the amount paid for fixtures where that amount is part of a larger sum paid for an interest in land and buildings. To be used in conjunction with Standard document, Asset purchase agreement and contracts for sale of commercial property.