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Lease not held on LR
Lease not held on LR
Posted
Sun, 16 Mar 2025 17:23:45 GMT
by
Polya Ivanova
Hello.
I want to buy a leasehold property, however LR does not hold copy of the lease.
Hello,
I want to buy a property, however LR does not hold a copy of the lease.
No copy of the lease referred to is held by LR.
How is this possible and how can be resolved please?
Posted
Mon, 17 Mar 2025 07:07:01 GMT
by
Adam Hookway
Hello Polya - responsibility for holding the lease/counterpart rests with the landlord and tenant. We will often have a copy on file but that's not always the case. If nobody has a copy then the landlord/tenant should consider drawing up a new lease as appropriate
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