Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
If the lease is being varied by agreement, any fee payable will be based on the terms of that agreement.
If an application is made to the First-tier Tribunal (Property Chamber) for an order to vary the lease each party usually bears their own costs but the Tribunal has discretion to make an award. The order may also require compensation to be paid to anyone likely to be disadvantaged by the variation.
More information you might find useful:
- Application to the First-tier Tribunal (Property Chamber): Variation of leases
- I am in dispute with my landlord but I do not want to go to Court or Tribunal. Is there an alternative?
- More Frequently Asked Questions on Lease Variations
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers