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Planning Advisory Service (PAS)
Ouvert | En cours - juillet 2012 | Dernière modification - May

Indemnity insurance against breach of 106 agreement

Former Member, modifié il y a 16 années.

Indemnity insurance against breach of 106 agreement

Where such a breach has occured, can indemnity insurance be obtained by the seller and offered to the buyer and their lender? For example, if a garage has been converted in breach of a 106 agreement, can the seller use an indemnity insrance policy to cover the breach and if so, to what extent will this be acceptable to the LPA and mortgage lender?