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

Text for Report on Title

ROT: Extending a Lease of a Flat on an Informal Basis

Change date
19/06/2024
Word count
148
Deployment measure
8/10
Rationale

This draft wording addresses the situation where a client may want to extend the lease on an informal basis. This is particularly relevant given the new legislation being introduced. It may not necessarily be the case that the informal route is best for the client.

If your freeholder or landlord is agreeable to extend your lease informally, contact a property lawyer ahead of agreeing to the terms of the new lease. It is possible that …

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