Complex Freehold

What files are considered to be complex freehold?

• New Build

• Shared Ownership

• Unregistered

• Islamic Finance

• Solar Panels

What would you check to see if a Complex Freehold Case?

• Starter Form

• Agents Particulars

• SPIF

• Office Copies

• FF

What additional considerations are there on a New

Build?

• Checking the plan

• Checking the SPIF

• New Build Warranty

• Checking the FF

• Section 106

What additional considerations are there on an unregistered?

• SPIF

• SIM

• K15

• FF

• OC2

What are the additional considerations on a freehold with a management company?

• Does the company still exist?

• Office Copies

• Estate Charge

• SPIF

• Restrictions on resale

What is a section 156 restriction?

• Who you can sell to the property

• Right of first refusal

• Deed of Trust restriction

• Sole Proprietor restriction

Which of the following statements apply to a septic tank?

• A tank which works in a similar way to a septic tank but uses mechanical parts to treat the liquid to a higher standard before it goes to a drainage field, or so it’s clean enough to go straight into the ground or into a watercourse (a river or stream).

• No it’s not a hole in the floor – it is a sealed tank which collects the sewage and holds it until it is emptied.

• An underground tank where the solids sink to the bottom and the liquid flows out into the ground. The liquid should flow into a drainage field which is a series of pipes with holes in, placed in trenches.

• Is a narrow shaft bored in the ground, either vertically or horizontally. A borehole may be constructed for many different purposes, including the extraction of water, other liquids or gases