Q&As
To what extent can a buyer rely on searches provided by the seller in a commercial property sale?
Assumptions/limitations
Generally, the question of whether a buyer can rely on searches procured by the seller will depend on the terms and conditions of the search itself and also of the search provider. It is assumed for the purposes of this enquiry that there is no term in the contract for sale that excludes the buyer’s right to rely on such searches.
Date of searches
Firstly, while something of an obvious point, the buyer should check the date of the searches to establish how recent they are and whether they should be refreshed prior to exchange or Completion. As a general rule of thumb, buyers should not rely on search results which are more than three months old, although the decision whether or not to refresh the search results will depend on a number of factors including the type of search that
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