Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Local Land Charges, Seller unwilling to obtain confirmation from LA re: ongoing liability
Change Date : 15/01/2025 | Word Count: 235 | Deployment Measure : 9/10
Rationale:
The draft wording outlines potential liabilities due to planning agreements lacking clauses protecting individual plot owners, with no confirmation from the local authority or seller's lawyers that all conditions have been satisfied. Buyers are offered three options: accept the risk, explore indemnity insurance, or withdraw from the purchase.
A local search revealed Local Land Charges related to planning consents and agreements between the local authority and developer during the estate's construction. These set out the conditions for granting
…