The Notice Of Intention To Sell Form is a crucial document in English and Welsh property law, designed to ensure transparency and legal compliance in property sales. It is particularly necessary when property owners must fulfill statutory obligations to offer first refusal to qualifying tenants under the Landlord and Tenant Act 1987. The document serves as official notification of the intended sale, including property details, proposed terms, and response deadlines. It's commonly used in residential and commercial property transactions where there are existing tenants or other parties with legal rights to be notified of the intended sale.
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1. Sender Details: Full name, address, and contact information of the property owner/seller
2. Property Description: Full address and detailed description of the property being sold
3. Intention Statement: Clear statement of intention to sell the property
4. Proposed Sale Terms: Basic terms of the proposed sale including asking price
5. Timeline: Proposed timeline for the sale and response deadline
1. Right of First Refusal Details: Required when property is subject to tenant right of first refusal under LTA 1987
2. Tenant Information: Required when property is currently tenanted
3. Agent Details: When sale is being handled through an agent
1. Property Title Documents: Copies of relevant title documents or land registry entries
2. Property Plans: Floor plans or property boundary plans where relevant
3. Existing Tenancy Agreements: If property is currently let to tenants
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