Completed the sale of my flat in Maryland last February but our buyer keeps e-mailing every few hours to say their conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your sale your conveyancer is obliged to forward the transfer documentation and all supplemental paperwork to the purchaser's conveyancer. Where relevant, your solicitor should also send confirmation that the mortgage has been discharged to the purchasers solicitors. There are no post completion requirements just for conveyancing in Maryland.
I am buying a new build apartment in Maryland. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Maryland
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Due to the input of my in-laws I had a survey completed on a property in Maryland prior to retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks will refuse to issue a mortgage on this type of premises.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Maryland. Conveyancing will be smoother if you use a solicitor in Maryland especially if they are accustomed to such properties in Maryland.
I need to retain a conveyancing solicitor for purchase conveyancing in Maryland. I've discover a site which seems to have the ideal solution If there is a chance to get all the legals done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have recently realised that I have 68 years unexpired on my lease in Maryland. I now want to extend my lease but my landlord is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to prove that you have used your best endeavours to locate the lessor. For most situations a specialist should be useful to try and locate and to produce a report which can be accepted by the court as evidence that the freeholder is indeed missing. It is advisable to get professional help from a solicitor both on proving the landlord’s absence and the vesting order request to the County Court covering Maryland.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Maryland conveyancing firm to assist?
You certainly can. We can put you in touch with a Maryland conveyancing firm who can help.
An example of a Lease Extension case for a Maryland property is 151A Ham Park Road in May 2010. The matter came before the Tribunal by way of a vesting order made on 12 June 2009 Deputy District Judge Coonan in Bow County Court. The tribunal decided that the sum payable for the m to be paid for the lease extension was £21,445 This case was in relation to 1 flat.
I am buying a ground floor flat in Maryland. Conveyancing lawyer has been waiting for, from the vendor, building insurance paperwork. I was told today I was informed that the owner needs to send the insurance schedule for the flat above also. Why would my solicitor need to see the insurance for the flat above? Is it really required? We have been waiting for the last fortnight…
It is not impossible in leasehold conveyancing in Maryland to find Conveyancing in Maryland in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the freeholder insuring the entire block - which is clearly better. Do check with your property lawyer but it would appear that your conveyancing practitioner is looking to verify that the whole building is insured. Insuring a ground floor apartment is no help when it comes to rebuilding after a fire if the other flat cannot be reinstated for lack of insurance cover.