Text for Report on Title
ROT: Forfeiture of lease (Housing Act repossession) - Lender only Indemnity Insurance
- Change date
- 17/06/2019
- Word count
- 193
- Deployment measure
- 8/10
Rationale
Sets out advice to the client where the lease is defective in that in that there is potential for the landlord to repossess the property using a Section 8 Housing Act Notice due to outstanding ground rent under a long lease, as a result of the landlord interpreting the long lease as an Assured Tenancy or AST due to the amount of ground rent stipulated.
The lease is defective in that in that there is potential for the landlord to repossess the property using a Section 8 Housing Act Notice due to outstanding ground rent under a long lease, as a result of the landlord interpreting the long lease as an Assured Tenancy or AST due to the amount of
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