Title subject to Reserved Rights – Development / Change of Use
Assumptions
- The policy amount represents the gross developed value of the land.
- The rights are contained in a Deed / Conveyance / Transfer.
- There has been no attempt to contact any person(s) who may have the benefit of the rights.
- The rights were imposed more than 20 years ago.
- The land is fenced in and the rights have been physically incapable of being exercised for the last 12 months.
- There have been no adverse claims or notices regarding the rights reserved.
- In respect of a right of way, it is not noted on the definitive map.
- Planning has been granted and there were no letters of objection claiming the benefit of the rights.
- The land is located in England or Wales.
Additional Information Required
- Details of the date of and parties to the document containing the third party rights.
- Plan for attachment to the policy showing the extent of the land clearly edged in red.