In the context of freehold purchase or lease extension, deferment refers to compensation which is payable to the landlord for future losses resulting from the sale or extension, such as the loss of ground rent.
« Back to Glossary IndexIn the context of freehold purchase or lease extension, deferment refers to compensation which is payable to the landlord for future losses resulting from the sale or extension, such as the loss of ground rent.
« Back to Glossary IndexLEASE is governed by a board, appointed as individuals by the Secretary of State for the Ministry of Housing, Communities & Local Government.