• Reading A Legal Pack For Auction What Does This Mean?

    By Guest on 04th Apr 2019

    I am looking to go to auction next week. I am reading the legal pack. Please could you advise what this means? Restriction on assignment and subsale. This agreement is personal to the buyer and is not capable of being assigned charged or mortgaged? Many thanks for the help

  • 1 Answers

    By Guest on 05/04/2019

    That means the buyer under that document (i.e. not you, unless that document names you as the buyer) cannot assign, charge or mortgage the document. So that buyer cannot transfer the document to you, for example.

    www.notaryexpress.co.uk

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