Lexsure Knowledge Hub

The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: Seller to provide Building Regulations Indemnity Policy on Completion

Change date
19/06/2024
Word count
184
Deployment measure
9/10
Rationale

Draft wording addressing the relatively common scenario of the absence of Building Regulation Approval. This deals with the limitations of such a policy. In this particular situation, the seller is providing the policy at their expense.

The seller will provide on completion at their expense a Building Regulations indemnity policy to indemnify you and any future Buyer against the risk (in our view, unlikely) that the …

To view the full text:

Subscribe Buy this text

Did a property problem come to light after you bought?

WhenIBought is a Lexsure service for homeowners who discover an issue when selling or remortgaging and wonder what was known, investigated or explained at the time of purchase. It offers a conversation about what happened and, where the records allow, what lenders required at the time. It does not determine whether anyone was at fault.

Other texts related to Searches