Buying Commercial Property · glossary

Covenant indemnity policy

Insurance that pays the owner's loss if someone enforces a restrictive covenant. It leaves the covenant on the register. Fellgate's cover holds only while nobody approaches the neighbours or applies to the tribunal, and it names Fellgate, its successors in title and its bank. Chapter 4 · see Upper Tribunal (Lands Chamber)

Explained in Chapter 4, The Covenant, of Buying Commercial Property.

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