Overreaching

Overreaching refers to the rights of the beneficial owners to occupy a specified property.

In a number of conveyancing procedures, the seller’s solicitor may make an appointment with an additional trustee to guarantee a purchase deed and overreach beneficial interest for the property.

The act of overreaching also refers to a mortgage lender’s right to power over a sale of a property that has been put up for repossession. In this case, the lender can overreach any financial charges and remove further charges or restrictions to the sale.