
Print Options
PrintThe Whole
Instrument
PrintThe Whole
Schedule
PrintThis
Section
only
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Creation of leasehold interests
This section has no associated Explanatory Memorandum
4. The matters referred to in regulation 10(3)(e) are—
(a)the terms of the lease that will or is expected to be granted in order to create the property interest; and
(b)estimates of the payment or financial contribution likely to be required of the lessee within 12 months of completion of the sale of the property interest towards—
(i)service charges;
(ii)ground rent;
(iii)insurance against damage for the building in which the property is situated (if not to be included in contributions towards service charges); and
(iv)insurance for any person in respect of personal injury or death caused by or within the building in which the property is situated (if not to be included in contributions towards service charges).
Back to top