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Your Lease Extension - The Pitfalls

Occasionally you have an absentee landlord and so he can't be contacted via the traditional notice procedure

. In this situation, you will have to apply to the county court for a vesting order. If the county court is satisfied of your eligibility to have a leasehold extension, then it will normally grant the extension in your favour. The court will refer your case back to the Leasehold Valuation Tribunal so that they can work out the amount of premium that you must pay to the absent landlord.

Your Lease Extension - The Pitfalls

By: Tim Bishop
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