We advise Headteachers and Governors on the terms of the Transfer Agreement and what to do in practice to transfer assets and contracts from the existing school to the new academy.
The Transfer Agreement is a model document produced by the DfE to be entered into between the Local Authority, old school and new academy.
The purpose of the Transfer Agreement is to document the transfer the assets, contracts and staff of the old school to the Academy Trust which will operate the new academy. This means that assets, contracts and staff of the predecessor school have to be identified and transferred to the Academy Trust.
The Transfer Agreement willl have as its objective a fair apportionment of risk and liability between the local authority and the new Academy.
In connection with the Transfer Agreement the school’s assets and contracts to be transferred need to be identified. We can help you to establish who owns those assets and how best to transfer them to the academy. For example, you might need a third party consent to transfer a contract or you may need to enter into a new contract. Accordingly, you need to identify all of those assets and contracts as part of the work to finalise the Transfer Agreement.
The Transfer Agreement is conditional on the Funding Agreement. This means that the Transfer Agreement does not take effect until the Funding Agreement is completed.
"The ease that we could access and speak to Pat Smith - Thank you"
"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."
- Ros Jones
"We found Rachel Dawson outstanding, polite, professional and caring."
"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"
"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."
"Prompt, helpful, polite and very professional service"
"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”. - Peter Dawes, Cater Dawes Financial Planning "
"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"
"I would like to say thank you for your help, support and guidance over the last two and a half years. Obviously should I need further assistance in the future I shall not hesitate to call you guys."
"Jade made the process of buying our first home quick, easy and took the stress out of a new chapter of our lives"