Land charge registry
A government department for England and Wales which keeps a register of certain charges on land the title of which is unregistered. The register is open to public search and is quite distinct from the land registry which deals with properties where title is registered.
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Land charges search fee
Fee charged by a solicitor or conveyancer for checking the validity of the title on a property and whether the 'owner' is in a genuine position to sell.
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Land Registry
This is a government department which registers all the details of any land transactions and issues to do with ownership of property in England and Wales. Transfer of ownership has to be registered with the Land Registry.
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Land Registry certificate
This is a copy of the property entry in the Land Registry database concerning a property transaction or ownership.
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Land Registry fees
A charge incurred when buying a home for registering the title of a property under your name. This is usually dealt with by your solicitor/conveyancer.
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Landlord
Either the person who owns a property which you are renting and to whom you pay rent or the freeholder of a property for which there is a leasehold tenure.
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Lease
The lease is a document that contains the rights and the covenants (rules) on behalf of both the landlord and the tenant which regulate the use of the property.
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Leasehold
When you buy a leasehold property essentially you are buying nothing more than the right to occupy a building for a given length of time. You will usually have to pay ground rent and maintenance in addition to a one-off payment that buys ownership of the lease until sold or it runs out. The amount of alterations you can make to the property varies accordance with the lease and you may well have other conditions imposed upon you by the landlord.
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Lessee
The person to whom a lease is granted.
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Lessor
The person who grants a lease.
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