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Deed of rectification
jb.hair
Posts: 2 Newbie
Hi Iam not sure if Iam doing this right (first timer) ��
Ok so I have owned my lease hold flat 2years we are just about to sell when we have a lease problem
The lease States the ground rent is split 3ways this is wrong it's 50/50 with my ground floor and the flat above. I am told the freeholder brought it over and never changed the lease .we now have been told by our solicitors we need a deed of rectification.
Befor we can exchange or complete witch is meant to be in 2 weeks ��
So what aim asked not is how long does this take?
Also should I be paying anything as it was the lease holder that gave a incorrect lease to sign 2 years ago also my solicitor didn't pick up on this when we brought!!
We do hold the right to manage but the buyers solicitor have said if this right to manage is lost the new buyer won't be covered buy the lease.
I am so worried we will lose buyer and that it will take forever also that we are going to get a large bill for something that isn't our fault.
Sorry if I have posted this in the wrong way any advice please
Ok so I have owned my lease hold flat 2years we are just about to sell when we have a lease problem
The lease States the ground rent is split 3ways this is wrong it's 50/50 with my ground floor and the flat above. I am told the freeholder brought it over and never changed the lease .we now have been told by our solicitors we need a deed of rectification.
Befor we can exchange or complete witch is meant to be in 2 weeks ��
So what aim asked not is how long does this take?
Also should I be paying anything as it was the lease holder that gave a incorrect lease to sign 2 years ago also my solicitor didn't pick up on this when we brought!!
We do hold the right to manage but the buyers solicitor have said if this right to manage is lost the new buyer won't be covered buy the lease.
I am so worried we will lose buyer and that it will take forever also that we are going to get a large bill for something that isn't our fault.
Sorry if I have posted this in the wrong way any advice please
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