How thick is a red line? Dealing with inadvertent ransom strips
It is a sinking feeling that many experienced property developers are familiar with. You line up your title plans with the plan of the adopted highway and there is a gap between the two.
Occasionally, a third party has created a deliberate ransom strip but just as often such a gap arises by mistake. For example, when the property to be purchased was first registered, the Land Registry may have drawn the title plans up to either side of a red line on the original conveyance plan. Left behind is a sliver of unregistered land in between, the thickness of that red line on the conveyance plan.
On the face of it, you have a problem. Your lovely development site doesn’t have access to the public highway and you don’t know who owns the unregistered land in between…
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Briefings from Gateley
A heritable creditor is required to ‘take all reasonable steps to secure that the price at which all or any of the subjects are sold is the best that can be reasonably obtained’.
If defects appear in a building after completion, the developer or contractor may be liable to the owners of the building, in contract or negligence, for the cost of remedying that work.
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