Sale contracts: service charge retention clause | Practical Law

Sale contracts: service charge retention clause | Practical Law

A clause for use in a contract for the sale of residential leasehold land that provides for the seller's conveyancer to hold a retention pending the final apportionment of service charge.

Sale contracts: service charge retention clause

Practical Law UK Standard Clause 3-384-6962 (Approx. 11 pages)

Sale contracts: service charge retention clause

Maintained, England, Wales
A clause for use in a contract for the sale of residential leasehold land that provides for the seller's conveyancer to hold a retention pending the final apportionment of service charge.