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ROT: Forfeiture Of Lease (Housing Act Repossession) - Lender Only Indemnity Insurance

Change date
15/10/2024
Word count
207
Deployment measure
7/10
Rationale

Addresses the situation where the lease is defective in that there is potential for the Landlord to repossess the property using a Section 8 Housing Act Notice due to outstanding ground rent. In this instance indemnity insurance is an option.

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 …

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