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

Text for Report on Title

ROT: Absent Rent Charge Owner

Change date
04/08/2022
Word count
627
Deployment measure
9/10
Rationale

Covers the situation where the property is subject to a rentcharge but the charge is not collected. In this particular scenario the advice relates to indemnity insurance as an option.

The property is subject to rent charge. The seller's advise that it is not collected. The seller has agreed to provide an absent rent charge indemnity on completion to cover …

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Did a property problem come to light after you bought?

WhenIBought is a Lexsure service for homeowners who discover an issue when selling or remortgaging and wonder what was known, investigated or explained at the time of purchase. It offers a conversation about what happened and, where the records allow, what lenders required at the time. It does not determine whether anyone was at fault.