Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Good Leasehold Title
Change Date : 09/04/2019 | Word Count: 275 | Deployment Measure : 9/10
Rationale:
Explanation as to the meaning of ‘Good Leasehold Title’ and it’s implications. In this particular example wording the lawyer points out that indemnity insurance is being sought from the seller’s lawyers
As we have discussed, the title to the property is 'good leasehold'. Most properties are registered with 'title absolute', which is the best class of title awarded by the Land Registry, and means that the Land Registry guarantee that the registered owner has an unequivocal right of ownership which cannot be challenged by anyone else.
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