Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Restriction on Parking Permit
Change Date : 04/08/2022 | Word Count: 102 | Deployment Measure : 8/10
Rationale:
Addresses an increasingly common contractual provision commonly (but not exclusively) on newbuild whereby the buyer agrees in the contract or lease to observe planning restrictions in relation to parking and not applying for parking permit - further considerations in relation to subletting.
The Planning Agreement between the local authority and the seller contains a specific restriction which means that the occupier of the flat is not entitled to apply for a parking
…