Vacant Possession

A part of the Sales Contract is the requirement to give 'vacant possession'.  

The general contract sets out a time of 2pm for formal vacant possession of the property to be handed over to the new purchasers.   However, it is not unusual for contract time to be amended (particularly when you have both a sale and purchase transaction completing on the same day).

On the day of completion, vacant possession means giving full possession of the property to the purchasers by the allotted time and all items not included in the sale property price should be completely removed from the property by this time.

All items in sheds, garages, loft spaces and cellars are included in this. If you fail to give vacant possession in accordance with the terms of the contract you may find yourself in breach of contract and involved in further legal action and legal costs regarding this.