Can any one tell me what a “superior” lease is? I bought my flat in Torquay last year.Now I am selling
it,and the other solicitor has taken almost 6 months,and now wants to see the superior lease,which is having to be got from the land registry (at my expense) This flat is registered.You can see that from the internet.Is something wrong?can someone advise me please. it is over a Tesco metro.and Tesco is the landlord
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June 27th, 2009 at 2:16 am
there can be a few leases on the property the main one is the head lease ie: the person in charge however there can be another lease ie the superior lease which is the actual freeholder of the land eg tesco may own the tesco building and you own your flat but because two seperate parties cannot own the same piece of land you are both leased the land and the person who leases that land to you holds the superior lease and owns the freehold and land whch the building is built on. but dont worry theres nothing wrong its a normal legal question but they should have asked sooner