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Freehold Restrictive Covenant – Future Breach – Development / Change of Use

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Assumptions

  • The policy amount represents the gross developed value of the land.
  • No attempt has been made to contact any person(s) who may have the benefit of the freehold restrictive covenants.
  • The freehold restrictive covenants were imposed more than 20 years ago.
  • Planning has been granted and there were no letters of objection referring to freehold restrictive covenants or threatening legal action, and/or letters received from Law firms / Solicitors / Licensed Conveyancers / Legal Executives / Barristers / Surveyors (including RICS members / Town & Country Planners or any person with a law degree of legal qualification.
  • The land is located in England or Wales.

Additional Information Required

  • Details of the date of and parties to the document containing the freehold restrictive covenant.
  • Plan for attachment to the policy showing the extent of the land clearly edged in red.