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What is Seller Indemnity and Disclosure Duties about?

Sellers seek indemnities from buyers to protect against potential liabilities arising from breaches of restrictive covenants, as the original seller may still be liable under s79 LPA 1925. Sellers must also disclose known latent defects in title, as failing to do so can prevent them from enforcing contracts or obtaining specific performance. Key disclosures include mortgages, easements, and certain physical defects, with a focus on whether they will bind the buyer or affect the title.

Author

Lisa

Language

EN