• Leasehold Land Be Split & Sold

    By Guest on 26th Jan 2015

    I have a large leasehold land. Can it be split and sold as 2 separate units. I can't locate the freeholder to check with (absent freeholder).

  • 1 Answers

    By Guest on 05/04/2015

    It will depend on what the lease says. If there is a covenant in the lease saying you can't sell part of the property or underlet part of the property without the landlord's consent then you may have to get indemnity insurance against an intended breach of covenant. Your solicitor should be able to arrange this for you provided an indemnity insurer is prepared to offer cover.

  • Post Your Answer

  • Do you want to be informed of further comments / replies? Yes No

Ask a Question