R

The right to receive full ownership of a flat upon the expiration of the lease...

Right to Enfranchise...

The duties to have a home information pack apply to the “responsible person” as defined by Part 5 of the 2004 Act). The requirement to have a pack occurs when a property is first put on the market, or the fact that the property is on the market is made known to the public or a section...

A restrictive covenant is an Encumbrance within the Title Deeds that that is attached to the land. It may have an expiry date or it may state that some of the covenants are not to expire and consequently, you should be aware of the effect it my have on your use (including future development plans)...

The return of an estate or interest to a landlord or freeholder  after the grant or lease has expired. Or, the interest retained by a fee simple owner of real estate after granting a terminable estate or interest in such property to another. For example, when a freehold owner gives a lease to...

The person whose name appears registered on the Official Copies of title as owner of...

A right which gives a person access across certain property . (Usually land owned by someone...

A rentcharge is an annual sum payable for land in perpetuity or for a term of years which gives the owner of the rentcharge (the ‘rent owner’) specific rights if the sum is not paid.After 21 August 1977 only certain rentcharges may be created. These are mainly ‘estate...

Sometimes identified in conveyancing searches a Radon Affected Area is a geographical area in which the levels of the naturally occurring gas radon are above a set level. When conveyancing searches reveal a Radon Affected Area the purchasers property solicitors will raise relevant conveyancing...

A mortgage in which the capital borrowed is paid back over the period of the loan. The capital is paid in monthly instalments together with an amount of interest. The amount of capital which is repaid gradually increases over the years resulting in the amount of interest going...