Guide
Vacant Possession
03 April 2017
What is Vacant Possession? When is it relevant? How do you satisfy the requirement, and what are the consequences if you don't?
Vacant possession is a term used to describe the condition of property, usually when it is sold or at the end of the term of a lease. As with many areas of law in Guernsey, there is no local legislation or case law which deals with the matter and so we turn to English common law for interpretative assistance.
About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.