The following Property Q&A provides comprehensive and up to date legal information covering:
A first consideration should be to enquire why B is seeking a legal charge. Is it to ensure the work is done? To allow B to carry out the works in default? Or is it a question of money, ie does B want security that, if A fails to carry out the work, B will receive funds (eg by way of sale of A’s land) to pay for the works?
There are a number of ways this could be catered for:
However the obligation is to be secured, it is advisable to set out in detail the undertaking to build.
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