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Title subject to Reserved Rights – Development / Change of Use

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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.