Contracts and Exchange — SQE1 FLK2 Property Law and Practice

A buyer who has not yet got the keys can watch the house burn down and still have to pay the full price for what is left of it.
Practise this topic with exam-style questions: sqe1prep.co.uk/sqe1/property-law?utm_source=po…
In this episode:
• Risk passes to the buyer on exchange, and the seller need not insure
• The deposit is held by the seller's conveyancer as stakeholder
• Title guarantee turns on the seller, not on freehold or leasehold
• Every Law Society formula binds the parties on the telephone call
• A contract for land needs writing, all terms, and both signatures
Narrated by an AI voice from a script written and checked by the editors at sqe1prep.co.uk. Educational content only — not legal advice. SQE1 Prep is not affiliated with or endorsed by the SRA or Kaplan.