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.
Although the lease may seem to be defective on a reading of the lease you should bear in mind that if the lease was granted on or after 3 October 1980 it will be probably be compliant with the provisions of the Housing Act 1985 (right to buy properties), which have standard covenants implied into such leases. These implied covenants are found in Schedule 6 of the 1985 Act. Get your conveyancer to check Schedule 6 to see if those provisions cover the defects[s] that concern you.
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